Sir I am 45 years old and my wife 35 yrs we both investing in following MF for our child’s education and wealth creation from 03/2018 .Our time horizon is 15 yrs.
1. HDFC EQUITY FUND REGULAR GROWTH Rs 3000/month
2. AXIS LONG TERM EQUITY FUND DIRECT GROWTH RS 2000/MONTH.
3. SBI SMALL CAP FUND DIRECT GROWTH RS 2000/MONTH.
4. SBI TECHNOLOGY FUND DIRECT GROWTH RS 2000/MONTH.
5. PARAG PARIKH FLEXI CAP FUND DIRECT GROWTH RS 1000/MONTH.
My wife’s portfolio:
1. MIRAE ASSET EMERGING BLUE CHIP FUND DIRECT GROWTH RS 3000/MONTH
2. CANARA ROBECCO EMERGING EQUITY FUND Rs 1500/MONTH
3. CANARA ROBECCO BLUE CHIP FUND DIRECT GROWTH RS 1000/MONTH
4. MOTILAL OSWAL 35 CAP FUND RS 1500/MONTH.
5. L &T INDIA VALUE FUND RS 2000/MONTH.
6. SBI SMALL CAP FUND DIRECT GROWTH RS 2000/MONTH.
7. QUANT SMALL CAP FUND DIRECT GROWTH RS 2000/MONTH.
SIR please advice/suggestions regarding above investment required if any modifications? One more thing I want to invest more please suggest me some funds giving return above 20%.
Ans: No changes are required; however, please keep the expectation of returns between 12% and 15%.
Basic thumb rule is risk free returns (10 years govt bond returns) + inflation + equity risk premium.
