Should I make changes to my mutual fund portfolio?
SECTIONS
Last Updated: Apr 20, 2021, 01:12 PM IST
Share
Synopsis
If you have any mutual fund queries, message on ET Mutual Funds on Facebook. We will get it answered by our panel of experts.
ET Online
Total Monthly SIP Rs 8,500
3. Mirae Asset Emerging Bluechip Fund - Rs 1,500
4. Parag Parikh Flexi cap Fund - Rs 3,000
Let me know if I should make any changes in my portfolio. Also, I wanted to increase my SIP by Rs 4,000. Which scheme should I invest?
-Abhijeet Thorat
You state in your mail that your risk profile is aggressive, but your mutual fund portfolio is not aggressive. You are currently investing in two tax saving schemes, a large and mid cap scheme and flexi cap scheme. Except for large and mid cap scheme, the rest of the schemes are meant for moderate investors. Clearly, you need to revisit either your risk profile or portfolio. Often investors overstate their risk profile but they tend to choose schemes that are