I am 57 years old and will be retiring in 2024. I currently hold the following MFs.
Fund | Plan | Amount Invested |
1. Birla Sun Life Top 100 Fund | regular plan growth | SIP 3000 p.m.(invested in 2017) |
2. SBI Blue chip Fund | regular plan growth | Rs. 2000 p.m. (invested in 2017) |
3. Axis long term equity fund | growth - lump sum | Rs. 81000.(invested in 2017) |
4. SBI magnum balanced fund | | Rs. 5000 pm. (invested in 2016) |
5. Parag Parikh FLEXI CAP FUND | GROWTH | Rs.5000 pm (invested in March 2021) |
6. ICICI PRUDENTIAL BALANCED ADVANTAGE FUND | REGULAR PLAN - GROWTH | Rs.20000 lump sum (invested in March 2021) |
Kindly advise based on the following:
Should I discontinue any of the above funds? If so, which, and kindly advise alternate funds to invest in instead.
Ans: No need, please continue
I would like to invest another 10000 pm. Could you advise MFs for the same?
Omkeshwar Singh
Edelweiss Balanced Advantage fund – Growth
Tata Balanced advantage fund – Growth