I am 52 years old and currently investing in these below MF funds monthly SIPs.
Aditya Birla Sun Life Small Cap Fund Growth-Regular Plan – 3,000
AFGP - Axis Focused 25 Fund - REGULAR GROWTH- 20,000
EFGP - Axis Bluechip Fund - Regular Growth – 15,000
PREG - HDFC Hybrid Equity Fund - Regular Plan – Growth – 3,000
ICICI Prudential Technology Fund – Growth – 5,000
Mirae Asset Large Cap Fund - Regular Growth Plan – 6,000
NIPPON INDIA SMALL CAP FUND - GROWTH PLAN GROWTH OPTION – 3,000
NIPPON INDIA SMALL CAP FUND - GROWTH PLAN GROWTH OPTION – 25,000
SBI Flexicap Fund - Regular Plan – Growth – 3,000
My Question is whether to continue these MF funds or any changes required? If changes required which one to go for?
Ans: Hi Joseph. Following an extensive analysis of your portfolio, I recommend reconsidering the schemes such as the Axis Bluechip Fund, Aditya Birla Sun Life Small Cap Fund and SBI Flexi cap fund along with a portfolio reshuffle. Also you may introduce large and midcap category in your portfolio. Some Suggested funds are:
- Kotak Equity Opportunities Fund
- Quant Active Fund
