Can you review my mutual fund portfolio and suggest changes

Please review my SIP portfolio following and suggest any changes. My Monthly contribution to PPF and EPF Rs 7,000. So I choose aggressive Mutual Fund portfolio. Horizon 10 - 15 Years and will increase allocation to MF SIPs by Rs 5,000 each year in future. 1. Kotak Select Focus Growth - Direct - 2K, 2. L&T India Value Fund Growth Direct - 2K, 3. Birla Sun Life Equity Fund Growth - Direct - 3K, 4. Mirae Asset Emerging Growth - Direct - 3K, 5. L&T Emerging Business Growth - Direct - 1.5K, 6. Birla Sun Life Small & Mid Cap Growth - Direct - 1.5K, 7. DSP Micro Cap Fund Growth - Direct - 2.5K?

May 13, 2017 by Saheb Chatterjee, Kolkata | Mutual Fund

You have selected good funds for your SIPs and your portfolio is quite aggressive. 65% of your portfolio is in mid & small cap funds and 35% in diversified equity funds. You can continue with these funds for your long term investment needs while reviewing their respective performances at least once every year.

Your monthly SIP investment is Rs 15,000 and with an investment horizon of 10 - 15 years, you can expect a corpus of Rs 36 Lakhs to Rs 79 Lakhs respectively (assuming annual 12.5% returns).

You have mentioned investing Rs 7,000 per month in PPF and EPF. However, the amount you are contributing in PPF if invested in Mutual Fund ELSS schemes, can get you much better returns. ELSS are the most preferred choice for saving taxes under Section 80C of the Income Tax Act 1961 and you can invest a maximum of Rs 150,000 every year under this section.

Thanks for writing to Advisorkhoj.

View All Queries

You haven't found the answer for your queries? Do post your queries to us.
POST A QUERY