I'm 40 years old currently investing in mutual fund through sip in below mentioned funds and directly investing in stocks as well, my stock portfolio till date around 7 kakh an mf around 12 lakh looking 50 lakh in 10 year's and 1.5 crorss in 20 years.
PPFAS FLEXI CAP 5000
QUANT FLEXI CAP 5000
UTI NIFTY 50 -6000
TATA DIGITAL FUND- 4000
PGIM MID CAP OPP FUND -4000
CANARA ROBECO LARG CAP FUND -5000
CANARA SMAAL CAP - 5000
TATA SMALL CAP -3000
PPFAS ELSS FUND - 3000
Ans: Given your investment goals of reaching 50 lakh in 10 years and 1.5 crores in 20 years, it's essential to maintain a diversified portfolio that aligns with your risk tolerance. Here's a brief analysis of your current investments:
Stock Portfolio: With around 7 lakhs invested, direct stock investments can provide high growth potential but also come with higher risk. Ensure proper research and diversification within your stock holdings.
Mutual Funds: Your mutual fund portfolio consists of a mix of flexi-cap, large-cap, mid-cap, and small-cap funds, providing diversification across market segments. This diversification can help manage risk while capturing growth opportunities in different market conditions.
To achieve your goals, consider the following:
Regular Review: Continuously monitor the performance of your investments and make adjustments as needed to stay on track towards your goals.
Asset Allocation: Ensure your asset allocation aligns with your risk tolerance and investment horizon. Consider rebalancing periodically to maintain the desired mix of assets.
Goal-specific Investments: Consider allocating funds specifically towards your long-term goals, such as retirement or education, to ensure you're on track to meet these objectives.
Risk Management: Given the mix of stocks and mutual funds, be mindful of overall portfolio risk and ensure appropriate diversification to mitigate risk.
By staying disciplined with your investment strategy, regularly reviewing your portfolio, and making adjustments as needed, you can work towards achieving your financial goals over the specified timeframes. Consider consulting with a financial advisor for personalized guidance tailored to your individual circumstances.
