I am investing : 2000 in SBI PSU mutual fund, 2000 in Quant Small Cap Fund direct growth,
1000 in SBI Small Cap Fund, 1000 in Aditya Birla PSU Equity Fund, 1000 for ICICI Infrastructure Fund . I need 20 lac after year. Pls suggest .
Ans: Current Investment Overview
You are investing Rs 7,000 monthly in various mutual funds. Your goal is to accumulate Rs 20 lakhs in one year.
Assessment of Current Portfolio
SBI PSU Mutual Fund:
Focuses on public sector units. It's sector-specific and carries higher risk.
Quant Small Cap Fund Direct Growth:
Invests in small-cap companies. High risk with potential for high returns.
SBI Small Cap Fund:
Another small-cap fund. High growth potential but volatile.
Aditya Birla PSU Equity Fund:
Similar to SBI PSU fund, with sector-specific risk.
ICICI Infrastructure Fund:
Invests in infrastructure sector. Sector-specific risks apply.
Investment Strategy Adjustment
Balanced Portfolio:
Diversify investments into balanced funds for stability. This helps mitigate sector-specific risks.
Debt Funds:
Consider investing in debt funds for stability and lower risk. They provide more predictable returns.
Equity Funds:
Maintain some investment in equity funds for growth. Choose funds with a good track record.
Achieving the Rs 20 Lakh Goal
Lump Sum Investment:
Consider a lump sum investment in a balanced fund or debt fund. This could help you reach your goal with lower risk.
Increase SIP Amount:
Increasing your SIP amount will boost your savings. Focus on funds with consistent returns.
Short-Term Debt Funds:
Invest in short-term debt funds for better returns than a savings account or FD. They are less volatile.
Final Insights
Your current investments are sector-specific and high-risk. Diversifying into balanced and debt funds will provide stability. Increasing your SIP amount or making a lump sum investment in a balanced fund can help achieve your Rs 20 lakh goal in one year.
Best Regards,
K. Ramalingam, MBA, CFP,
Chief Financial Planner,
www.holisticinvestment.in
