Hello! I am 44 and planning to retire at 50 yrs. I am in a corporate job in Bangalore.
I started investing in SIP mutual funds of Rs 75000 per month and lump sum of Rs 500000 from Sep 2021 in the following MFs.
In the next 6 months, I have additional plans to invest Rs 20000 per month and Rs 15,00,000-20,00,000 in lump sum.
I wish to know whether I should continue or switch to other MFs and what would be your recommendations for my next investment plans.
- ICICI Prudential Regular Saving Fund - Growth (Hybrid Fund- Conservative) – Lump sum amount Rs 5,00,000 (Started Sep 2021)
- UTI Flexi Cap Fund (Formerly known as UTI Equity Fund) /Regular Growth Plan Growth (Equity Fund- Flexi Cap) – SIP Rs 25,000 (Started Sep 2021)
- DSP Quant Fund- Reg-Growth (Equity Fund- Thematic) – SIP Rs 10,000 (Started Oct 2021)
- Axis Flexi Cap Fund – Growth (Equity Fund- Flexi Cap) – SIP Rs 15,000 (Started Oct 2021)
- Axis Growth Opportunities Fund - Growth Equity Fund (Large & Mid Cap) – SIP Rs 10,000 (Started Oct 2021)
- DSP Innovation FOF /Reg-G Equity Fund- (Equity Fund) – SIP Rs 5,000 (Started Jan 2022)
- Parag Parikh Flexi Cap- Reg Plan (Equity Fund- Flexi Cap) – SIP Rs 5,000 (Started Sep 2021)
- DSP Value Fund- Reg-Growth (Equity Fund- Thematic) – SIP Rs 5,000 (Started Sep 2021)