Good Morning, Please advice on my SIP portfolio
1. SBI Bluechip Fund
2. Kotak Select Focus
3. Birla Sunlife Frontline Equity Fund
4. HDFC Midcap opportunities Fund
5. Mirae Asset Emerging Bluechip Fund
6. HDFC Balance Fund
ALL Rs 4000 each. I have debt exposure of Rs 25000 in EPF. So I have not subscribed any debt funds for SIP.
My Questions
Q1. In the light of recent bull run, anticipated corrections/consolidation and GST rollout, do I require to make any changes in the portfolio.
Q2. HDFC Prudence Fund seems better than HDFC Balanced Fund, but is only 2 star. Do I switch from HDFC Balanced fund to HDFC Prudence Fund.
Q3. Do I add one more small cap fund or is it adequate?
6 Answers
Hi,
All the listed funds are good ones.
May I know your investment objective(s) and time-frame for these investments??
Sir
1. Thanks for the prompt response.
2. Investment objectives with time frame as under:-
(a) Child Graduation: Rs 30-35 lacs. After 6 years time.
(b) Wealth Creation: Rs 4 to 5 cr. After 16 to 18 years time.
3. Have a corpus of Rs 45 lacs invested in MF, Equity and Provident Fund. Property with EMI of Rs 50K per month.
4. Age 42. Pensionable job
Hi,
1 - You may continue with HDFC Balanced fund.
2 - For Kid's education goal, you may continue to remain invested in Equity Funds for next 3 to 4 years of time and my gradually re-balance your portfolio and move to safer investment avenues, as goal target year approaches.
Kindly read :
https://www.relakhs.com/calculate-kids-education-goal-amount/
3 - You may also go through below article and revert to me with your analysis ;
https://www.relakhs.com/retirement-planning-calculator-3-easy-steps/
Hi
- Thx for the resources.
- Child Education: Current Cost Rs 15-20 lacs. Time 7 yrs. Current allocated corpus 10 lacs. The excel sheet prompts me to save around Rs 12K per month.
- Retirement: Current yearly expense 5 lacs. Age 42, Retirement 60. Corpus 35 lacs. It prompts me to save Rs 20K going by conservative growth estimates. Pension not counted as, I want it to be total surplus and not bank on it.
- Current saving. SIP 24K, Stocks Rs 8K, Provident Fund 25K, Life Insurance: Rs 5K per month.
- All other goals car, house, appliances, vacation etc to be sourced from salary.
Hi,
Ok. As you now have a fair idea about the average savings to be made, you can start planning for investment goals. In case, you cant invest the required amount, you may increase your SIPs/investments in future, to meet your target Goal amounts.
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