Hi sir
I am kaushik, need to build 2 cr fund in next 15 yrs. My monthly SIPs are as follows, plz advice for any additions deletions:
ICICI COMMODITY FUND-1000
Tata Digital Fund-600
ICICI PRUDENTIAL TECHNOLOGY FUND-600
ADITYA BIRLA SUN LIFE DIGITAL FUND-500
SBI ENERGY OPPORTUNITIES FUND-500
HDFC NIFTY G-SEC INDEX2027 DIRECT GROWTH-500
HDFC hybrid debt fund direct growth -400
Edelwesis multicap fund- 300
HDFC midcap fund direct -200
ICICI Inftastructure direct growth-200
I have started in 2024. Am I in right path? Plz seggest
Ans: Overview of Current Investment
ICICI Commodity Fund: 1000
Tata Digital Fund: 600
ICICI Prudential Technology Fund: 600
Aditya Birla Sun Life Digital Fund: 500
SBI Energy Opportunities Fund: 500
HDFC Nifty G-Sec Index 2027 Direct Growth: 500
HDFC Hybrid Debt Fund Direct Growth: 400
Edelweiss Multicap Fund: 300
HDFC Midcap Fund Direct: 200
ICICI Infrastructure Direct Growth: 200
Analysis of Your Portfolio
Diversified Portfolio
You have a very diversified portfolio across different sectors.
You have investments in commodity, digital, technology, energy, and infrastructure funds.
Sector-Specific Funds
High exposure to sector-specific funds.
May lead to volatility and concentrated risk.
Diversify into broader equity funds.
Debt Funds
Includes HDFC Hybrid Debt Fund and HDFC Nifty G-Sec Index 2027.
Good for stability and lower risk.
Recommendations
Increase Equity Diversification
Add large-cap and diversified equity funds.
Reduce allocation in highly specific sector funds.
Balanced Allocation
Ensure a balance between equity and debt.
Equity for growth and debt for stability.
Review Small Allocations
Small investments in funds like HDFC Midcap and ICICI Infrastructure.
Can consider consolidating for better management.
Monthly SIP Target
Currently investing Rs 4800 per month
Requires higher SIPs to reach Rs 2 crore in 15 years.
Gradually increase SIP amounts.
Suggested Changes Addition
Add a large-cap fund for stable growth.
Multi-cap funds can be considered for balanced exposure.
Reduction
Reduce investments in sector-specific funds.
Consolidate small SIP amounts into larger, impactful funds.
Action Plan Increase SIP Amounts
Gradually increase SIPs to Rs 10,000 or more per month.
Adjust based on your financial situation.
Annual Review
Review and adjust your portfolio annually.
Ensure alignment with financial goals.
Emergency Fund
Maintain an emergency fund separate from investments.
Ensure liquidity for unforeseen expenses.
Final Insights
Your existing investments are quite diversified. However, reduce exposure to sector-specific funds. Increase SIP amounts and add large-cap and multi-cap funds. Periodically review your portfolio to get back on track.
Best Regards,
K. Ramalingam, MBA, CFP
Chief Financial Planner,
www.holisticinvestment.in
