Am I investing in right mutual funds?

I am investing Rs 2,000 each via SIP in direct plan of these mutual funds for the last two years:

ICICI Bluechip Fund
ICICI Value Discovery Fund
HDFC Midcap Fund
HDFC Small Cap Fund
ABSL Frontline Equity Fund
ABSL Hybrid 95 Fund

I want to create a corpus of Rs 3 crore in 25 years. I have an aggressive risk appetite. Are my funds good?
-- Mohit Patodi

Your mutual fund schemes should be in line with your goals, horizon and risk profile. You are currently investing in two largecap shcmes, a value fund, midcap fund, smallcap fund, and hybrid fund. That means most of your investments are in largecap, value, and hybrid schemes. If you have an aggressive risk profile, you should be investing mostly in midcap and smallcap schemes. If you want to diversify your portfolio and reduce the overall risk in it, you may also invest a part of your portfolio in multicap schemes.

You are currently investing Rs 12,000 per month in equity mutual fund schemes. Assuming an average annual return of 12 per cent, you will be able to create a corpus of Rs 2.27 crore in 25 years.


It is always better to opt for a goal-based investing. Identify your various financial goals and invest regularly to achieve them.