I am investing in the following funds since 4-8 years. I want to build a corpus for my retirement as well chidren’s (2) higher education after 10 and 15 years. I am 40 right now. Please advise.
1.Parag Parikh Flexi Cap Fund - Direct Plan (5000/-pm, from oct 2020)
2. NIPPON INDIA GOLD SAVINGS FUND - GROWTH PLAN (1000/-pm, from 2011)
3.ICICI Prudential Bluechip Fund - Growth (2000/-pm, from 2012)
4. HDFC Mid-Cap Opportunities Fund - Regular Plan - Growth (2000/-pm, from 2012)
5. HDFC Flexi Cap Fund - Regular Plan - Growth (2000/-pm, from 2012, closed in 2020)
6. HDFC Index Fund - Sensex Plan - Direct Plan (1000/-WEEK, from Dec 2020)
7. Axis Mid Cap Fund - Direct Growth (1000/-WEEK, from June 2020)
8. Axis Long Term Equity Fund - Regular Growth (2000/-pm, from Jan 2015)
9. Aditya Birla Sun Life Tax Relief'96 Fund (2000/-pm, from 2016)
I want to invest 5000 more in Kotak small cap. Also want to invest 5000/- more, kindly advise where I invest?
Ans: Please continue with 1, 3, 6, 7, 8 and 9.
Yes, you may invest in Kotak Small Cap Fund -- Growth
You may consider a couple of schemes from below for further investments
- UTI Flexi Cap Fund -- Growth
- Parag Parikh Flexi Cap Fund -- Growth
- Axis ESG Equity Fund -- Growth
- Motilal Oswal Focused 25 Fund -- Growth