Hope you and your family are doing good. After a long time posting my questions. Because it is time to get your advise. After reading your blog and advise only I started my investments and by god’s grace till now it is containing.
Now, I need your advise and suggestions on my SIP Regular plan. (planning to start with Direct Plan)
The following funds SIP is going to complete by next month. Shall I continue with the same fund?. Or Do I need to do any changes?.
Goal – For my family future (I know it is not specific goal)
Time Horizon – 2 to 3 years
Franklin Inida Equity – Direct Plan (G) – Rs. 3000
ICICI Pru. Value Discovery – Regular (started through agent) – Rs. 2000
IDFC Multi cap – Regular – Rs. 2000
Axis Long Term Equity – Regular – Rs. 2000 (Any way this I am going to stop. and start investing as one time for tax exempt)
HDFC Equity Fund (Earlier HDFC Balanced Fund).
I have some ongoing SIP too.
L&T Mid cap – Direct
Reliance Small Cap – Regular
can you please give advise on my investments?
We are doing good and trust all is well at your end!
May I know if you mandatorily need this corpus after 3 years from now?
If you need certain amount of money from this corpus then suggest you to redeem some units from your portfolio and re-invest in Short Term Debt Fund (ex : Franklin Duration Fund). May be you can redeem units of IDFC multi cap fund.
If you can continue with the rest of the corpus for long-term goals. You will be having three multi-cap oriented funds (Franklin, ICICI, Axis LTE). Kindly check the portfolio overlap of these funds and revert to me with your analysis.
You may kindly continue with HDFC Hybrid, L&T & Reliance funds for long term goals.
Mutual Fund Portfolio Overlap Comparison Tools