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Mutual Fund Corner: Suggest a mutual fund portfolio for Rs 30,000?

Updated : November 20, 2018 05:24 PM IST

Want to invest in mutual funds but don’t know how to go about it?

Get all your mutual fund related queries answered by our expert, Feroze Azeez, deputy chief executive officer, Anand Rathi Wealth Management, on our show Mutual Fund Corner.

Q: 33-year-old Vinoth N writes to us from Chennai. I have started SIP from last month in Axis Bluechip (Rs 6,000), Kotak Multicap (Rs 6,000), L&T Midcap (Rs 8,000), HDFC Small Cap (Rs 5,000) and Reliance Small Cap (Rs 5,000). My goals will be child education for 15 years and retirement. I have two daughters for whom I'm also depositing Rs 10,000 in Sukunya Samruddhi scheme. Also, please suggest a portfolio for my wife for Rs 30,000 SIP.

A: You have a well-diversified equity portfolio and can continue with all the funds. You can also continue to invest in Sukanya Samridhi scheme for your daughters. As far as your wife’s portfolio is concerned, you can invest in Mirae Asset India Equity Fund, Canara Robeco Emerging Equities Fund and SBI Focused Equity Fund.

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