Hi Sir , i am 34 years old and have started investing last year only ,,, my aim is retirment corpus at 45 of 5 Cr. I am currently investing 40 k every month in the following funds
Parag parikh flexi cap, Quant active growth fund, Motilal large and mid cap, Bandhan Nifty 50 index. Kindly advise if any changes are recommended??
Ans: Considering your goal of achieving a retirement corpus of 5 Cr by age 45, your current investment strategy seems ok. However, given the long-term horizon, it's advisable to periodically review your portfolio's performance and asset allocation. Consider diversifying further if needed and monitor the funds' consistency in delivering returns aligned with your objectives. Remember, staying informed and adaptable is key to achieving your financial goals. Keep up the good work and stay focused on your long-term objectives!