Hi Sir I have invested 1. Aditya Birla Flexi cap 1Lac. 2.Adity Birla PSU Fund- 1Lac. 3.ICICI Large &Mid Cap Fund - 1Lac. 4.ICICI Value Disc- 1Lac. 5.Nippon Growth Fund - 3 Lac. 6.Nippon Large Cap. -1 Lac. 7.Nippon Multi Cap -1Lac. 8.Nippon Pharma -1 Lac. 9.Nippon Power &Infra-1Lsc 10.Quant Active Fund -1lac. 11.Quant ELSS -1.5Lac 12.Quant Infra -1Lac 13Quant Mid Cap -1Lac 14 SBI Contra -1Lac 15.SBI Large &MidCap 1Lac (1 to 15 are Lumsum investment for 5 years or more) 1.Nippon Small Cap SIP- 10000. 2.Quant Small Cap SIP -10000 3.ICICI Nifty LargeMid Cap SIP - 10000. All investments have done in March &April 2024. Please advise.
Ans: You've built a diversified portfolio across various fund categories, which is good. However, it's also crucial to monitor and review your investments regularly. Given your investments' recency, it's essential to give them time to grow.
Consider consolidating similar funds to avoid redundancy, which could simplify tracking and reduce overlapping holdings. Given the number of funds, there might be overlapping sectors or stocks across schemes.
Regularly review the performance of each fund and its alignment with your financial goals. Consider rebalancing if any fund deviates significantly from its peers or your investment objectives. Consult a financial advisor for personalized advice tailored to your financial goals and risk tolerance.