Dear, sheekant sir.
My name is Vishal Patel. My age is 33. I have. Investment in following funds. Kindly review and advise how to review of the funds. And how to manage for long term investment as 10 years or more. 1. ADSL pure value fund 2000 monthly 2. Franklin India smaller companies 2000 monthly sip 3. SBI bluechip 1000 4. ICICI prudential value discovery 1000 5. ICICI prudential balance fund 1000. 6. Reliance small cap 1000. 7. Mira asset India opportunity fund. 1000. 8. Motilal Oswal most focused 35 fund 1000. 9. Axis long term equity 1000. 10 DSP black rock micro cap 1000. Last three are regular and others are direct. But I m lot confused with funds so kindly advice to me. I hv select for my goal nearly 6 years and retirement in 2042. So advice what should be kept and which of them to quote.
Thank u in advance.
1 Answers
Hi,
All the above listed funds are decent ones.
Suggest you to kindly go through below articles and you may revert to me with your analysis ;
For ex :
Motilal fund, Axis LTE, & ICICI Value discovery can be considered under Diversified equity funds.
DSP Micro, Franklin Smaller cos & Reliance small cap funds fall under Small cap oriented.
Having too many funds, especially from the same fund category may not be required.
Kindly read :
https://www.relakhs.com/retirement-planning-calculator-3-easy-steps/
https://www.relakhs.com/mutual-fund-portfolio-overlap-comparison-tools/
https://www.relakhs.com/best-mutual-fund-scheme-risk-ratios/
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