I am 34 years old and working in a private organisation.
With a view of accumulating a corpus of 5 crore in next 20 years including child education (2 child), and retirement corpus.
I have been investigating in mutual funds for the past 6 months an amount of 24K.
I am also doing top ups of around 5K in the below mentioned MF's every month.
Please suggest whether I can continue with these funds or switch to another MFs.
Please suggest is this portfolio ok for long term investment.
Mutual Funds | Plan | Per cent |
1. Axis Blue Chip fund | Regular plan Growth | 5000 |
2. Canera Robeco bluechip Equity Fund | | 5000 |
3. Axis Midcap Fund | Growth | 4000 |
4. Mirrae Asset Emerging Blue Chip | Regular Growth | 2500 |
5. Axis multi cap fund | Regular plan Growth | 1500 |
6. PGIM India Midcap opportunities fund | Growth | 2000 |
7. TATA small cap fund | Regular plan Growth fund | 2500 |
8. ICICI prudential flexi cap fund | Growth | 1500 |