Hi Kirtanji.. I want your expert opinion over my investments mentioned below, request to guide how to assess and make changes and shuffle the funds over the period of time for incurring maximum profits. My Goals : 1. I have twin daughters aged 14yr. Looking forward for their higher education and marriage. 2. I want to purchase a 2BHK flat up to ?90L within 10yrs. 3. Retirement corpus of ?4crores My investments : 1. ?1.7L invested Lumpsum in SBI EQUITY HYBRID FUND since Oct2022. 2. ?75K invested lumpsim in SBI BLUE CHIP FUND SINCE OCT 2022. 3. ?50K KOTAK FLEXICAP FUND SINCE OCT 2022 4. ?50K PARAG PARIKH FLEX CAP SINCE SEP 2023. 5. SIP ?1000 IN 360 ONE FOCUSED EQUITY FUND 6. SIP ?4000 IN ABSL NIFTY SMALL CAP 50 INDEX FUND 7. SIP ?500 in NIPPON INDIA VALUE FUND
Ans: It's commendable that you're planning for your daughters' education, marriage, purchasing a home, and your retirement. Let's analyze your current investments and align them with your goals.
Education & Marriage for Daughters: Since these are medium-term goals (within 10-15 years), equity-oriented investments like SBI Equity Hybrid, SBI Blue Chip, Kotak Flexicap, and Parag Parikh Flexi Cap are suitable. You might want to consider adding more diversified equity funds to capture growth opportunities across various sectors.
2BHK Flat Purchase: With a 10-year horizon, a mix of equity and debt funds can be a good strategy. Consider diversifying into Real Estate Mutual Funds or REITs for direct exposure to the real estate sector, in addition to your current funds.
Retirement Corpus of ?4 Crores: Given the long-term horizon, equity investments are crucial. The SIPs in focused equity and small-cap funds are apt. You might also want to explore large-cap funds for stability and international funds for diversification.
Suggestions:
Review & Rebalance: Regularly review your portfolio to ensure alignment with your goals. As your investments grow or market conditions change, rebalance your portfolio.
Diversification: While you have a good mix, consider adding international funds or sector-specific funds for diversification.
Risk Assessment: Understand the risk associated with each fund. Ensure your risk appetite aligns with your investment choices.
Professional Advice: Consider consulting a Certified Financial Planner for personalized advice tailored to your goals and risk tolerance.
Remember, while aiming for maximum profits, it's crucial to maintain a balanced portfolio that aligns with your financial goals, risk tolerance, and time horizon. Keep investing regularly, stay informed about market trends, and adjust your portfolio as needed.