My Mutual Fund Portfolio - Advice required for Long Term

Q & A Forum › Category: Investments › My Mutual Fund Portfolio – Advice required for Long Term

ajitacm asked 5 years ago

Dear Sreekanth, First of all many congratulations on running this excellent forum for folks like us, who want to make investment in mutual funds, however don't have access to expert advice. I have been regularly following your forum, since past years. Looking for your advice from you on my investment. I’m 34, looking for high returns and ready to take moderately high risk.I’m looking for good returns in the longer run and ready to be stayed put for the next 20 years. I’ve been investing in mutual funds for the past 2 yrs(10k/month) all in ELSS specially for tax planning. Below is the break up ADITYA BIRLA SUN LIFE TAX RELIEF 96 FUND- GROWTH - 2.5K AXIS LONG TERM EQUITY FUND - GROWTH PLAN - 5K Franklin India TAXSHIELD GROWTH - 2.5K Now, I am looking for investing money (25K/Month) as SIP for my retirement and child education/marriage planning. Can you please suggest me the good funds for 25K/Month SIP, keeping in mind my current ELSS SIP. I have a 15-20 years of time frame to be invested.

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Sreekanth Staff answered 5 years ago

Hi, Thank you for your appreciation and following my blog/forum. The above listed three ELSS funds are good ones, individually. But, suggest you to kindly check the portfolios overlap among these funds and if the overlap is on the higher side, you may limit the number of ELSS funds investments in your portfolio. Related article : Mutual Fund Portfolio Overlap Comparison Tools Also, suggest you to kindly go through below articles and revert to me with your queries (if any);