Is my mutual fund investments okay

It is an excellent analysis between large cap & small/midcap investment. The risk & rewards are clearly expressed for investors. I am also used to invest in MF. My portfoio is: 5000 in SBI Magnum Taxgain, 5000 in DSPBR Small Cap, 4000 in Reliance Small Cap, 2000 in SBI Mid Cap, 1500 in LICMF Mid Cap in monthly sip & 1000 weekly SIP at SBI Blue Chip. I am 64 years old & living a cool retired life with an aggressive attitude to create wealth for my little relatives future. As a small investor I've chosen mid & small cap root. The assets will be automatically transferred to the nominees favour and they will continue for a long period after my death. Please give your opinion on my investment philosophy? I enjoy your blogs like a dedicated follower?

Jul 16, 2017 by Partha Sarathi Bhattacharyya, | Mutual Fund

Thanks for the kind words about Advisorkhoj. We are particularly glad to note that you liked the article 'Analysis of Large cap and small/mid cap investing' and follow our blog regularly.

Your investment philosophy is absolutely fine. However, with regards to your fund selection, we have following comments to make -

SBI Magnum TaxGain Scheme - This is not a great performer in the ELSS category. The fund could not beat the category returns in the last 1,3, 5 and 10 year periods. Therefore, you should review it and invest in some other ELSS Fund

LICMF Midcap - Again, this is also not among the top performers in the mid & small cap category and therefore you must review and decide whether to continue with this.

Rest of the fund selection is okay.

Thanks for writing to Advisorkhoj.

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