Can my current investments help build a good corpus?
We would advise you to consolidate your small cap schemes as there are three schemes in the portfolio and to stop your SIPs in SBI Small Cap and Axis Midcap and consolidate the SIPs in Nippon India Small Cap Fund
I am a 34-year-old, unmarried government employee, drawing a net salary ₹42,000. I have an investment horizon of 15- 20 years. My investments include deposits of around ₹4.5 lakh, besides ₹4 lakh in public provident fund (PPF). I have been investing in the following systematic investment plans (SIPs): SBI Equity Hybrid Fund— ₹1,000, SBI Small Cap— ₹500, Kotak Standard Multicap — ₹1,000, Mirae Asset Large Cap— ₹1,000, Mirae Asset Emerging Bluechip— ₹1,000, Mirae Asset Mid Cap— ₹1,000, Axis Bluechip — ₹1,000, Axis Midcap— ₹500, Axis Small Cap— ₹500, ICICI Bluechip — ₹500, Nippon Small Cap— ₹500. I also wamt to start an SIP in PGIM Midcap opportunity Fund.