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A mutual fund portfolio for a medium risk-taker

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|
Apr 12, 2019, 10.57 AM IST
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I am 28 years old, married, but don’t have kids. I have a medium risk appetite. I am investing Rs 15,300 every month in the following funds for the past two years. Kindly request you to suggest corrections, additions or removals.

Axis Long Term Equity Fund - Direct Plan (G) - Rs 2,500
DSP Equity Opportunities Fund - Direct Plan (G) - Rs 2,000
DSP Mid Cap Fund - Direct Plan (G) - Rs 3,000
Franklin India Tax Shield - Direct Plan (G) - Rs 2,500
L&T Midcap Fund - Direct Plan (G) - Rs 2,000
Mirae Asset India Equity Fund - Direct Plan (G) - Rs 1,300
SBI Blue Chip Fund - Direct Plan (G) – Rs 2,000
--Poreddy Shankar

First, we are assuming that you are investing in these schemes to meet your long-term financial goals. If so, it would be a better idea to quantify your goals and start an investment plan to ensure that you meet your goals with out fail. Random investments and targets would not help you to meet your goals. Often, it leads to unpleasant surprises.

Two, a long-term investor with a moderate risk appetite should invest mostly in multi cap mutual funds. The investor can also add large cap or aggressive hybrid schemes if she wants to diversify the portfolio or reduce the overall risk in the portfolio.

You are currently investing in two tax-saving mutual fund schemes, two mid cap funds, a large & mid cap fund, multi cap scheme and large cap scheme. Three schemes - large & mid cap scheme and two mid cap schemes – do not match your risk profile. They are meant for investors with an aggressive risk appetite. If you think you have the ability and appetite for higher risk and volatility, you may continue with them.

Consult a mutual fund advisor near you for personalised advice as a final decision might call for more personal and financial details.

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(If you have any mutual fund queries, message us on ET Mutual Funds on Facebook. We will get it answered by our panel of experts.)
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