From midcaps to largecaps: A safer route to Rs 3 cr portfolio in 10 years, says Abhijit Chokshi
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In today’s dynamic market environment, having the right investment strategy is crucial to achieving financial goals. Mani from Bangalore reached out to ETNow for some valuable advice on portfolio construction. He aims to accumulate Rs 3 crore over the next 10 years through a disciplined SIP approach. Currently, he invests in six mutual funds: ICICI Bluechip, Motilal Oswal Large & Midcap, SBI Multicap, SBI Aggressive Fund, and Nippon Smallcap. Additionally, he has the capacity to increase his investment by Rs 15,000 per month. However, his portfolio’s heavy inclination towards midcaps and smallcaps poses a significant risk. The risk of heavy midcap and smallcap exposure In an interview with ETNow, Abhijit Chokshi, Founder of Stockifi.in, Mani’s investment strategy is skewed, with approximately 75% exposure to midcaps and smallcaps. “This ratio is extremely dangerous, especially in volatile markets,” Chokshi warns. While midcaps and sma...