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Am I investing in the right mutual funds for my retirement?

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|
Oct 29, 2019, 04.27 PM IST
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investors new
I am 40 years old and I am investing in the following mutual funds via SIP:
Mirae Asset Large Cap Fund: Rs 8,500
Mirae Asset Emerging Bluechip Fund: Rs 19,000
Kotak Standard Multicap Fund: Rs 16,500
SBI Focused Equity Fund: Rs 11,000

I have been investing in these mutual funds for the past 2 months. I have different horizons to achieve my goals like child’s higher education, marriage and my retirement. Also, I am investing for over 10 years. I am a moderately high risk taker.
--Abhishek Pandey

Tarun Birani, Founder and CEO, TBNG Capital Advisors, responds:


All the funds you have chosen are good. As you have recently started investing, I would advise you to stay focused on your long term goals. Do not get distracted from the noise in the market. Seeing the current markets and your investment horizon, I would recommend you to add one small cap fund in your portfolio as it is available at a significant discount. But make sure you have an appetite for high risk and an investment horizon of over 10 years. I am assuming that you have some allocation to debt mutual funds in your overall asset allocation to diversify your investments.
(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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