I am Dr. Pathak. Age 53. I have a portfolio of 40 lakh. About 21 lakh in stock and 19 lakh in MF . Monthly SIP of Rs. 4000/- in Mirae Aggresive Hybrid Fund , Mirae large cap RS. 2000, Parag Parikh Fexi cap 4000/-, Nippon Small Cap 2000/-, Quanta Small cap 2000/-, DSP Small cap 1000/-, Kotak Emerging Equities 1500/-, HDFC Large&Mid Cap 1500/-, ABSL Frontline 700/- weekly. I will remain invested for another 10 yrs. Now, I invest about 20, 000/- in SIP and 20,000/- in stocks. In my stock portfolio, 50% is large cap, 30% mid cap & about 20 % is large cap. For last 5 year my MF portfolio IRR is 21%, but my Stock portfolio returns IRR is 25%. What should I do? Should I stop my MF SIP and will totally investe in stocks? Pl. suggest.
Ans: As a Certified Financial Planner, your commitment to managing your investments is commendable. Here's my advice:
Review your investment portfolio regularly to ensure it aligns with your financial goals and risk tolerance.
Diversification is key to managing risk effectively. Consider maintaining a balance between stocks and mutual funds.
While your stock portfolio has shown higher returns, remember it comes with higher risk. Assess if your risk appetite aligns with your current strategy.
SIPs offer disciplined investing and rupee-cost averaging. Consider continuing them for stability and long-term growth.
Tax implications should also be considered. Selling mutual funds may trigger capital gains tax, so plan accordingly.
Consulting with a Certified Financial Planner can provide personalized advice tailored to your specific financial goals and risk profile.
Remember, investing involves risks, and past performance is not indicative of future results. Stay informed, diversified, and make decisions based on thorough analysis and consultation.
