Am I over cautious on adding one more fund from same fund house?

POSTED BY Jai ON March 3, 2014 7:13 pm ONE COMMENT

I have below 3 ICICI funds in the folio from long term view.

ICICI Prudential Dynamic Plan, ICICI Prudential Focused Bluechip Equity Fund  and ICICI Prudential Exports Services

Currently SIP is running into Focused Bluechip Equity Fund  and ICICI Prudential Exports Services as well.

I have some funds available to be invested for 2/3 years. I am thinking about this long term debit fund – ICICI Prudential Long-term. Though fund is doing good, I am concerned that my allocation to ICICI fund house is increasing. I do have HDFC, DSP, SBI and IDFC funds but one or max two from each fund house.

Pls advice if I should continue investing into ICICI Prudential Long-term (this will be 4th fund from ICICI) or suggest a similar better fund from other fund house. Appreciate your help.

One reply on this article “Am I over cautious on adding one more fund from same fund house?”

  1. ashalanshu says:

    Dear Tonsi, if you are satisfied with ICICI AMC, why are you thinking otherwise? Actually you should feel secure by adding more money into it.

    Thanks

    Ashal

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