I have been investing in the following mutual funds from the past one year:
Axis Small Cap Fund: Rs 3,000
Axis Midcap Fund: Rs 3,000
Parag Parikh Long Term Equity Fund: Rs 2,500
Axis Long Term Equity Fund: Rs 2,500
Aditya Birla Tax Relief 96 : Rs 2,500
I have a high risk appetite and my investment horizon is up to 15 years to build a corpus for
my retirement. For the next 10 years I have high risk appetite and from the 11th year I want to take only moderate risk. Can you please let me know how good is my portfolio?
-Vamsy Krishna

You have not offered any personal information, so we are offering only a few pointers to you.

You are currently investing in two tax saving schemes or ELSS funds. These funds are good if you want to save taxes under Section 80C of the Income Tax Act. You may continue to invest in them if you want to save taxes.

Apart from these schemes, you are investing in a small cap scheme, mid cap scheme, and multi cap schemes. They are all good individual schemes.

It is always better idea to put a number to your retirement corpus. You can take your annual living expense and inflate it by a reasonable inflation number to reach a realistic target corpus. This will help you to find out how much you need to invest to create the corpus. Some random investments may not enough to take care of your living expenses after retirement. And a shortfall at that time would be difficult to bridge.

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