Hello sir
I am 30 M unmarried have been doing SIP for 2 years now .
Main goal : wealth creation (10-20 cr in 20 years)
Please review my portfolio and suggest any changes if necessary.
I am planning to increase by 50 percent on the total SIP amount
Equity sip
Quant Tax Plan Growth Option Direct Plan : 3000
Axis Bluechip Fund Direct Plan Growth : 1500
PGIM India Midcap Opportunities Fund Direct Growth :1500
Axis Small Cap Fund Direct Growth : 1500
PGIM India Flexi Cap Fund Direct Growth : 1500
Debt :
ICICI Prudential Short Term Fund Direct Plan Growth Option : 1000
ICICI Prudential Equity Savings Fund Direct Plan Growth Option : 1000
Sbi medium duration debt growth fund : 1000
Commodities :
Nippon Goldetf :1500
Sgb : 5 -10 gms annually
REIT :
Reit Vanguard Etf (VNQ) : 1000
Embassy Office Parks REIT Share Price 500
International Funds
S&p 500 etf :1500-2000
MON100 : 1000
Ftse Developed Market Index Etf Vanguard (VEA) : 1000
Vanguard FTSE Emerging Markets ETF (VWO) :1000
Question :
Q) Can I stop Large cap and move the sip to Multicap .
Q ) would you recommend to have safer options like FD , PPF for someone at my age with high risk appetite . I have actually moved my fd's into MFs as well almost in the similar proportion.
Q ) Review of the portfolio
Q) Any suggestions on overall Portfolio and let us say I have some money left to invest what could be the best possible way to invest in stocks ?
Q) also any tool which could predict the returns based on portfolio.
Ans: Here are some suggestions for your portfolio:
Consider shifting SIP from Large Cap to Multicap to potentially enhance returns, given your long-term wealth creation goal. Ensure Multicap funds have a proven track record of delivering consistent performance across market cycles.
Given your high-risk appetite and long investment horizon, it's reasonable to allocate a significant portion of your portfolio to equities and equity-related instruments. However, ensure you have a diversified portfolio across asset classes to manage risk effectively.
Review your portfolio periodically to ensure it remains aligned with your financial goals and risk tolerance. Make adjustments as needed based on changes in market conditions and your investment objectives.
If you have additional funds to invest, consider diversifying further across sectors or exploring opportunities in thematic funds that align with your investment thesis.
Utilize online tools and calculators provided by mutual fund companies or financial websites to estimate potential returns based on your portfolio allocation. Keep in mind that these projections are based on historical data and assumptions and may not accurately predict future performance.
Consulting with a financial advisor can provide personalized advice tailored to your specific financial situation and goals. They can help you optimize your portfolio and make informed investment decisions to maximize wealth creation over the long term.
