Good morning, I am 32 years old and my risk profile is some what extremely high. Currently I am invested around 6.5L through SIP and one time, details are below.
Axis Small Cap - 1,12,500 SIP - 12,500
Axis Mid Cap - 1,12,500 SIP - 12,500
ICICI Pru Small - 97,000 recently switched from ICICI Pru Technology fund
Mirae Asset Global X AI & Technology ETF - 1,00,000 bought in NFO
Mirae Asset Global Electric and Autonomous vehicle ETF - 1,00,000 bought in NFO
Canara Robeco Small Cap - 65,000 SIP-5,000
Parag Parikh Flexi Cap - 45,000 SIP-5,000
SBI Small Cap - 15,000 SIP-5,000
Currently holding 4 Small Cap funds which I keep for tracking for 2 years to see the performance, based on performance may I withdraw and invest in other.
Target: 2-3 Cr in 10-13 years, and more than 10 Cr for wealth creation for retirement.
Planned to add additional 10k SIP, which fund I can increase SIP amount that I am holding or to focus any ELSS fund?
Any modification to be done in current holdings? Your advice please, thank you in advance.
Have a Great Day
Ans: Hello Micheal Selvam. Based on your portfolio, it is evident that you enjoy taking risks when it comes to investments. Although the selection is good, I would still recommend diversifying the risks.
Currently, majority of your investments are at aggressive risk. Consider adding low & moderate-risk funds to your portfolio, since any market changes will first affect midcap and smallcap funds. To remain prepared for any future effects, it is important to maintain your portfolio.
