Mutual Fund Portfolio review – Long Term Goals

Hi, Your portfolio looks fine. Only thing you can have re-look at is - you have two Large cap oriented funds ie SBI & Birla funds. So, kindly check the overlap between these funds. Read: MF portfolio overlap analysis tools. Considering the fact that you have very long-term view, you may allocate higher percentage of your investible surplus to ICICI & Franklin funds for the next few years.

Hi dear, I have noticed that you have posted one more query related to mutual funds. Suggest you to kindly continue posting your queries related to MFs in this thread only. Below is your question: Your Question: Sir, I m new in this  field. There is no service available like financial advice. So can u suggest me  in  birla or sbi which I should go forward and which is switch to another funds. Suggest another mf scheme.  Wt is exit load? And switch another fund immediate or hold for some time . U r suggestions are valuable for me. Thanks in advance. Answer: Kindly share more details regarding your Financial Goals, investment objectives & Investment time-frame? Meanwhile, go through below articles;

• How to create a solid Investment Plan?
• What are Large/Small/Mid cap Fund categories?
• What are Direct Plans of Mutual Funds?
• My MF portfolio.
• MF Portfolio overlap analysis tools
• Best Equity Mutual Funds
• List of best investment options.

Hi, Both of you kindly buy a Term plan (independent policies) for atleast Rs 75 Lakh each. Consider buying a stand-alone Personal accident policies too. You may start investing in Equity oriented funds for your Kids' Education & marriage goals. Below articles have calculators which you may download and calculate approx required savings to accumulate certain goal amounts.

• Kid's education goal planning & calculator.
• Retirement goal planning & calculator.

Also, kindly read this article (don't miss this one) : List of articles on the key aspects of Personal Financial Planning.

Hi Dear, If your queries are related to Mutual Funds, kindly post them here only (in this thread), instead of posting them as a NEW QUESTIONS (or in new threads).   

Hello sir, thanks for u r advice. Suggest me other best mutual funds for long time. After 3to 5 year I m in tax bracket. So invest  start in this year in taxsaving mutual fund or later. Wt is exit load?  Describe me in simple language.  Or overlapping in my portfolio so how to exit in any one fund and  which will take for my goal. Also suggest balanceing in my folio for child and retirement planning.  All about 20 to 30 years long. Thanks in advance. 

Hi, 1 - If your one of your investment objective is tax saving along with long-term wealth accumulation, consider investing in a SIP (Systematic Investment plan) of ELSS fund. Kindly plan your taxes from the beginning of a Financial year itself.  2- An Exit Load is the fee charged by Mutual Funds if an investor wishes to withdraw his investment in Mutual Fund within a specified period from that fund. Most of the Equity funds will not have Exit load if you redeem after 12 months. 3 - As suggested in my previous comment, kindly use the calculators. For your long-term goals, invest as much as possible and as frequently as possible in Equity funds. Especially in Diversified Equity funds and/or Mid/Small cap funds. Read: http://www.relakhs.com/mutual-fund-categories-market-capitalization-large-cap-vs-mid-cap-vs-small-cap-funds/ http://www.relakhs.com/list-of-best-investment-options-schemes-in-india/ http://www.relakhs.com/best-mutual-fund-scheme-risk-ratios/