I am 31 yrs old. I am investigating in below schemes since last 2 years. My plan is to build a portfolio such that I can expect an amount of 1cr in next 8-10 yrs. (Goals-Daughters education, Clearing home loan). Request to give your appreciation of my existing portfolio and request to suggest if any changes to be done with required. Investment amount to fulfill the goal.
1) ICICI Prudential Technology Fund-2000
2) Nippon India Small cap Fund-1000
3) Parag Parikh flexicap Fund-1000
4) SBI Bluechip fund-1000
5) Axis small cap fund-1000
6) PGIM India Midcap opportunities fund-1000
7) Franklin India feeder franklin us opportunities fund-1000
8) Axis Bluechip fund-500
Total: 8.5k/Month
Ans: Hi Rohit. It appears that your portfolio has a good report. It would be advisable to reconsider the SBI AMC fund with better peer schemes.
The current amount of SIP is very low to achieve a corpus of 1 cr in 10 yrs; you should increase your SIP amount to 35,000 and above.