Suggestion on my protfolio

Hi All,

I m new mutual fund investment, Since from this month i m investing in this fund. My age is 36. I m investing for 15 to 20 yrs.

For child Education
1. Mirae Asset Emerging Bluechip Fund - Direct - Growth (Large-MidCap) 10 k
2. Canara Robeco Emerging Equities-Direct(Large-MidCap) 10 k
3. Kotak Standard Multicap Fund - Growth(Multicap fund) 10k

For retirement
ICICI Prudential Bluechip Equity Fund - Direct - Growth(Large Cap) (10K)
Aditya Birla Sun Life Equity Fund - Direct - Growth(multicap) (10 K)
Axis Midcap Fund - Direct - Growth(Mid Cap) (10 K)

For tax Saving
Aditya Birla Sun Life Tax Relief 96 - Direct - Growth(3K)
Axis Long Term Equity Fund - Direct - Growth (3K)
Mirae Asset Tax Saver Fund - Direct - Growth (3K)

could you please suggestion, is it good portfolio or it is required modify it ?

I think 4-5 funds should be enough

1. Large cap (Mirae Asset large cap fund)
2. Large and Mid Cap (Mirae Asset Emerging Bluechip Fund)
3. Multicap (Kotak Standard Multicap Fund)
4. Mid cap (L&T Midcap)
5. ELSS (Aditya Birla Sun Life Tax Relief 96)

You don't need many funds to generate good returns. You can keep same funds for different goals. It is important to stay in the market for a long term.

Happy investing :)

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