Hello Team, I am investing via SIP in axis Small cap 1000 pm, axis bluechip fund direct paln growth 1500pm, Mirae Asset aggreasive fund 1000pm, parag parikh flexi cap 1000pm, canara small cap 2000pm, quant small cap 2.5k pm, PGIM india midcap 1000pm. Please review my funds. Should i need any changes in my SIPs. My view is for 15 years. I am investing since 2019..
Ans: You've built a diversified portfolio covering different market segments, which is a good strategy for long-term growth. Here's a quick review:
Axis Small Cap & Canara Small Cap: You have exposure to small-cap funds which can offer higher growth potential but come with higher volatility. Given your 15-year horizon, these can be suitable, but be prepared for fluctuations.
Axis Bluechip & Mirae Asset Aggressive Fund: These funds provide stability with large-cap and well-diversified equity exposure. They can act as a counterbalance to the volatility of small and mid-cap funds.
Parag Parikh Flexi Cap: A flexible fund that invests across market caps and can provide consistent returns. It offers international diversification which can be beneficial.
Quant Small Cap & PGIM India Midcap: These funds further increase your exposure to mid and small-cap segments. Ensure you're comfortable with the higher risk associated with these categories.
Given your portfolio, it seems well-balanced for long-term growth. However, consider the following suggestions:
Review Fund Performance: Regularly check the performance of your funds against their benchmarks and peers.
Risk Assessment: Ensure you're comfortable with the risk levels, especially with higher allocations to small and mid-cap funds.
Asset Allocation: As you progress, you might want to rebalance your portfolio to maintain desired asset allocation.
New SIPs: Consider adding a large-cap or a diversified equity fund to further diversify your portfolio and reduce risk.
Remember, while these are general guidelines, personal financial planning should be tailored to your specific goals, risk tolerance, and financial situation. It's always advisable to consult with a financial advisor for a comprehensive review and advice tailored to your needs.
