Mutual Fund Assessment
Have been investing in MF for the last 2 years, think I need to adjust and remove some of the overlapping funds. Please give suggestions. Have monthly SIP for 10k in each MF, total 50k.
Parag Parikh Flexi cap and Parag Parikh ELSS have a lot of overlap between them. Ideally it should be enough to have any one of them
Why a Technology fund? Being in Tech your salary, growth etc already depend on the sector
Your pf must be contributing to your 80c significantly no? You may reduce or remove elss?
Also if you remove elss then it is slightly in the risky side, there are no large cap or bluechip mf, maybe check that, also there are 2 small caps funds probably you have a higher risk appetite.
Anyway, just my 2 cents, I am not an expert.
Yup, have stopped SIP for Parag Parikh ELSS... Once 3 years is completed will take out the money.
Will look into index and blue chip funds, thanks
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