Please find my current investments. Kindly give your expert opinion on the below.
1. Mirae asset emerging blue chip fund - 5000 pm (regular plan from 2017)
2. Canara Robeco Emerging Equities - 1500 pm (regular plan from 2018)
3. Nippon small cap fund - 1500 pm (regular plan from 2018)
4. HDFC Index fund - 2100 pm (direct plan from 2022)
5. Parag Parikh Flexi cap fund - 2100 pm (direct plan from Jan 2022)
6. Axis Growth Opportunities Growth - 2100 pm (direct plan from Jan 2022)
LIC Jeevan Umang 1 lakh per year for 15 years (already paid for 4 years). Have health and term insurance.
Wanted to invest for my kid's future -- higher studies, marriage; she is 8 months old now. Since I need that money after 18+ years and I can take risk, I request to please suggest any small or mid cap mutual funds.
Ans: A few Mid and Small Cap funds are as under
HDFC Mid cap opportunities fund – Growth
Kotak Emerging Equity Fund – Growth
SBI Small Cap fund – Growth
UTI Small Cap fund - Growth