Axis Midcap Fund– Rs 2,400
Mirae Asset Large Cap Fund– Rs 2,400
Kotak Multi Cap Fund (now called Kotak Flexi Cap Fund)– Rs 2,400
DSP Equity Opportunities Fund– Rs 2,400
Edelweiss Balanced Advantage Fund or Union Balanced Advantage Fund– Rs 4,200
Motilal Oswal Nasdaq 100FOF-Reg(G)– Rs 1500
My risk profile is aggressive. Please let me know if you want me make any changes.
-Sumit Chintawar
You just started your investments. Why do you ask whether you should make any changes to your mutual fund portfolio? Is it because you are not convinced about your choices? If yes, you should consult a mutual fun advisor who would look at your portfolio along with your financial position and make necessary changes..
You claim your risk profile is aggressive. However, your mutual fund portfolio doesn’t reflect your aggressive risk profile. For example, large cap fund, flexi cap funds, and balanced advantage fund are not meant for aggressive investors.
Also, you should try to have a sharply focused portfolio. You need not invest in too many schemes. It will dilute your portfolio returns. Do not invest in more than two schemes when you are investing a modest amount.
