I am Binoy working in UAE as a sales executive age 39. From kochin, Kerala. May I kindly get some advice for my mutual funds portfolio? I am doing below mutual funds SIP direct growth. & I stopped some SIPs and hold the funds.
Now I am doing 96k SIP. Need to start & continue total 1 lakh SIP for the next 8 to 10 years. Now current total SIP value is around 27 lakhs. This SIP s are for my retirement monthly income 30 to 35k (all are current value) after 10 years, and for my 2 children’s education 35 lakhs lumpsum after 10 & 15 years respectively.
I am thinking to stop ICICI pru blue chip & Birla frontline equity and to start Mirae large cap & one more Multi cap fund. I am moderate to little aggressive risk taker. What are the changes required? Should I hold the stopped funds or I need to redeem and deposit it to another funds? if to do so, in which funds I need to invest this lumpsum amounts?
Please advise me for the necessary changes required to make a good portfolio to invest for the next 8-10 years. Looking forward to get your reply positively.
| Fund name | Catgory | Star Rating |
| Binoy Nair | | |
| LARGE CAPS & HYBRID | | |
| AXIS BLUE CHIP EQUITY | Equity - Large Cap Funds: | 5 |
| ICICI BLUE CHIP EQUITY | Equity - Thematic Funds: - Global | 4 |
| BIRLA FRONTLINE EQTY | Equity - Large Cap Funds: | 3 |
| ICICI PRU DEBT& EQUITY | Hybrid - Aggressive Hybrid Fund | 3 |
| MULTI CAPS | | |
| KOTAK STANDARD MULTCAP | Equity - Multi Cap Funds: | 3 |
| AXIS MULTICAP | Equity - Multi Cap Funds: | 5 |
| AXIS FOCUSED 25 | Equity - Focused Funds: | 5 |
| Franklin India Focused Equity | Equity - Focused Funds: | 2 |
| MIDCAP, LARGE & MIDCAP | | |
| AXIS MIDCAP | Equity - Mid Cap Funds: | 3 |
| HDFC MIDCAP | Equity - Mid Cap Funds: | 2 |
| MIRAE ASSET EMERGING BLUECHIP EQUITY | Equity - Large & Mid Cap Fund | 4 |
| STOPPED SIPs | | |
| FRANKLIN SMALLER COMPANIES | Equity - Small cap Fund | 2 |
| BIRLA FOCUSED EQUITY | Equity - Focused Funds: | 4 |
| HDFC HYBRID EQUITY | Hybrid - Aggressive Hybrid Fund | 4 |
Ans: You may continue with the 5 & 4 rated funds; however for others better alternative is available
Equity - Large Cap Funds:
- LIC MF Large Cap Fund-Regular Plan-Growth
- Axis Bluechip Fund - Regular Plan - Growth
- Kotak Bluechip Fund - Growth
- Mirae Asset Large Cap Fund - Growth Plan
Equity - Mid Cap Funds:
- Motilal Oswal Midcap 30 Fund (MOF30)-Regular Plan-Growth Option
- DSP Midcap Fund - Regular Plan - Growth
Equity - Value Funds:Tata Equity P/E Fund Regular Plan -(Growth Option)
Equity - Focused Funds:
- Axis Focused 25 Fund - Regular Plan - Growth Option
- Motilal Oswal Focused 25 Fund (MOF25)- Regular Plan Growth Option
Equity - Large & Mid Cap Fund
- BOI AXA Large & Mid Cap Equity Fund Regular Plan- Growth
- Canara Robeco Emerging Equities - Regular Plan - GROWTH
- Tata Large & Mid Cap Fund- Regular Plan - Growth
Hybrid - Aggressive Hybrid Fund
- Axis Equity Hybrid Fund - Regular Plan Growth
- Dsp Equity And Bond Fund - Growth
- Motilal Oswal Equity Hybrid Fund-regular Plan Growth
