I am 32 years old and I have started SIPof Rs 10,000 per month a year ago. I am planning to stay invested for 20 years. I have high risk appetite. My SIPs are as follows:
SBI Small Cap Fund: Rs 2,000
L&T Emerging Business Fund: Rs 2,000
SBI Equity Hybrid Fund: Rs 2,000
Kotak Standard Multicap Fund: Rs 2,000
HDFC Equity Savings Fund: Rs 2,000
Should I need to change any of my funds? I am planning to invest an extra Rs 10,000. So I need your suggestions for funds. I am also thinking about NPS, too. Is it a good option?
You are currently investing in a small cap scheme, large & mid cap scheme, aggressive hybrid scheme, multi cap scheme, and equity savings scheme. This is not an ideal portfoliofor an aggressive investor. An aggressive investor is typically asked to invest mostly in mid cap or small cap schemes based on his risk appetite. He may also diversify his portfolio by investing in multi cap schemes if he wants to reduce the risk in the portfolio.. Your portfolio is all over the place. It would be better to have a portfolio that matches your risk profile. Only two schemes – small cap scheme, large & mid cap scheme- in your portfolio are meant for aggressive investors. Other schemes are ideal conservative and moderate investors. You should consult a mutual fund advisor to get personalised advice. Only after obtaining your personal and financial details one would be able to recommend an ideal mutual fund portfolio to you.