I have a query regarding my mutual fund returns. i am investing ₹30,000 every month from August. How much return can I expect in the next 5-10 years? I have investments in Parag Parikh Flexi Cap, Mirae Asset Tax Saver, Canara Robeco Bluechip, SBI Focused Equity Growth and BOB Dynamic Growth Funds.
—Name withheld on request
There are two ways to look at your question – one quantitative and the other qualitative. Quantitatively, you have an entire equity portfolio. Assuming that the market return is on average 12%, your ₹30,000 SIP will come around ₹70 lakhs. You must have invested in 5 years ₹18 lakhs and will stand to deposit ₹25 lakhs. You have an aggressive portfolio. My advice to you is to shift your hybrid fund to a debt fund like Kotak Savings Fund and move your large-cap fund to an index fund. These steps will help you stabilize your portfolio a bit and at the same time help reduce the cost incurred.
Shrikant Meenakshi Primeinvestor.in . is the founder of
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