I did a short and crisp review of some mutual funds for a friend . thought of sharing this here.
Franklin India Prima Fund – Dividend
151/208 138/157 61/75 are the ranks for 1 ,3 and 5 year . Not a great one to cheer about .
Risk Grade: Above Average
Return: Grade Average
Tata Infrastructure Fund-G
Not a very old fund but its a good one. Infrastructure space can be a big hit considering 4-5 yrs time frame and with the blessings of UPA. Better diversify money in this space along with other infrastructure Mutual Funds.
With 25% CAGR returns since launch , its looks good.
Franklin India Flexi Cap Fund – Dividend
Numbers look good but there are better funds available.
Birlasunlife Frontline Equity Fund-Growth
Extremely good fund to have in portfolio. It has shown strong performance in all the time frame of 1 ,3 ,5 yrs and 30% CAGR return since launch. Better to stop Franklin India Flexi Cap Fund and redirect the money to this one.
HDFC Equity Fund – Growth
Again a good fund to have in portfolio.
What would I do If I were at your place.
– Stop Franklin India Prima Fund
– Stop Franklin India Flexi Cap Fund – Dividend (5k)
– DSPBR Equity or DSP Black Rock top 100 or HDFC Top 200
– Increase your Exposure in Birla Sunlife Frontline Equity Fund
– Share your 10k in UTI Infrastructure and Tata Infrastructure
Do you know difference between Divident and Growth options in mutual funds ?
General Recommendation
- If the investment is for long term wealth creation dont go for Divident option
- Monitor and review your mutual fund once every 6 months
- Not sure if you are allocating money in mutual funds after understanding your Risk-appetite or not . Check that out, No Debt side ?
- Do not have more than 5-6 mutual funds
- Look at other sectoral mutual funds on banking and financial sector with long term view
look at a video explaining how to choose a mutual fund
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Disclaimer : Information taken from valueresearchonline.com and analysis and views are personal