Hi, I invest 1.5 lacs per month in mutual funds through SIP. My current MF portfolio is of 71 lacs, and is mix of index, large, mid, and small cap funds. My goal is to have 15 cr in 15-20 yrs and retire. Please suggest a good mf mix. My current xirr is 22%.
Ans: Given your ambitious goal of accumulating 15 crores in 15-20 years, maintaining a diversified mutual fund portfolio is crucial. Here's a suggested mix:
Large Cap Funds: Allocate a significant portion of your SIP towards large-cap funds for stability and steady growth potential.
Mid and Small Cap Funds: These funds offer higher growth potential but come with increased volatility. Allocate a portion of your SIP towards them for higher returns.
Index Funds: Consider investing in index funds to capture the broader market's growth at a lower expense ratio.
Multi-Cap Funds: These funds offer flexibility to invest across market capitalizations based on prevailing market conditions. They provide a balanced approach to growth.
Balanced Advantage Funds: These funds dynamically allocate between equity and debt, offering downside protection during market downturns.
Review and Rebalance: Regularly review your portfolio's performance and adjust the allocation based on changing market conditions and your evolving financial goals.
Risk Management: While aiming for higher returns, ensure that your portfolio is diversified across asset classes to manage risk effectively.
Professional Advice: Consider consulting with a Certified Financial Planner to tailor a personalized investment strategy aligned with your financial goals and risk tolerance.
With disciplined investing, diversified allocation, and periodic review, you can work towards achieving your target corpus of 15 crores for retirement.
