Hi Sree, Can you please provide your inputs on this below portfolio. I would want to invest for 22 years i.e. for my retirement.
Schemes Planned Value
Birla Sun Life Short Term Fund - Growth-Regular Plan Rs. 2,000.00 per month
ICICI Prudential Value Discovery Fund - Growth Rs. 1,500.00 per month
Reliance Medium Term Fund - Growth Plan - Growth Option Rs. 2,000.00 per month
Kotak Select Focus Fund - Growth (Regular Plan) Rs. 1,500.00 per month
Birla Sun Life Equity Fund - Growth-Regular Plan Rs. 1,500.00 per month
L&T India Value Fund - Growth Rs. 1,500.00 per month
Also, for my child education after 15 years i am planning to invest as below ;
ICICI Prudential Value Discovery Fund - Growth Rs. 2,500.00 per month
Birla Sun Life Small and Midcap Fund Growth-Regular Plan Rs. 2,500.00 per month
Canara Robeco Emerging Equities Regular Growth Rs. 2,500.00 per month
L&T India Value Fund - Growth Rs. 2,500.00 per month
Please let me know if i can go ahead with this investment plans.
1 Answers
Hi,
Are Birla short term fund & Reliance medium term fund part of your long term MF portfolio?
The other 4 funds in your Retirement goal MF portfolio are all Multi-cap funds. Though these are well performing funds, its advisable to diversify across fund categories as well.
You may consider 1-2 multi cap funds out of these four and may add one Mid/small cap fund + a balanced fund.
Kid's education goal portfolio is fine.However, you may replace birla fund with an equity oriented fund.
Suggested readings :
https://www.relakhs.com/retirement-planning-calculator-3-easy-steps/
https://www.relakhs.com/best-mutual-fund-schemes-2017/
https://www.relakhs.com/best-mutual-fund-scheme-risk-ratios/
https://www.relakhs.com/calculate-kids-education-goal-amount/
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