I am 41; working with leading telecom company. Since last 2 years; I have started SIP of Rs.5000/- each with an objective for savings for my son’s higher education who is 11 years old as of now.
I seek your advice that whether these funds were the rightly asked to invest by my portfolio manager or should I stop /reduce SIP in these?
- ICICI Pru Focussed Bluechip Fund (G)
- Kotak 50 Unit Scheme (G)
- MiraeAsset India Opp (G)
- Tata Equity P/E RP (G)
Why 3 large cap funds? Retain any one with Tata Fund. Also, you have not specified for how long you want to invest or time horizon of the goal. Hence, it is hard for me to guide you. Where is your debt portfolio?
Hi, New to MF. Read few articles. My Age :33 Years Goals: Kid Education: 50 Lacs (In 20 Years)Kid Wedding : 50 Lacs (In 25 Years)Retirement : 1 Cr (In 28 Years) My Portfolio :1) Kotak Select Focus Direct (G) – large cap – Rs 2000 (2) SBI Blue Chip – large cap – Rs 2000 (3) ABSL Pure Value Direct (G) – Small & Mid Cap – Rs 2000 (4) ICICI Pru Balanced Fund Direct (g) – Rs 2000 (5) Reliance Small Cap Direct (G) – Rs. 2000. Can you suggest me if my selection is OK or need to be modified. I yet to invest. Also I plan to increase the amount as we proceed. Kindly Suggest.