Advice on selection of equity funds

POSTED BY Jai ON December 20, 2013 2:48 pm COMMENTS (8)

My goal is to build equity portion of my investment (Debt and Real estate is on higher side currently). I plan to invest 15000 per month in equity though mutual funds (long term investment). Looking at 5 years of performance of various funds, I have down selected below 3.  I plan to invest 5K every month in each of these 3. Please advice if you see any problem into elected funds. Appreciate your help.

Large Cap – ICICI Prudential Focused Bluechip Equity Fund (G)

Small/Mid cap – Birla Sun Life MNC Fund (G)

Diversified Equity – ICICI Prudential Exports and Other Services Fund (G)

8 replies on this article “Advice on selection of equity funds”

  1. ashalanshu says:

    Dear Amit, follow dear Anshuk here.



  2. Anshuk Jain says:

    I will say 70:30. Do not put much in small/mid..

  3. Amit AB says:

    Ok. So can I split 50-50 among first 2?

  4. ashalanshu says:

    Dear amit, these 2 funds are diversificarion for you in itself.



  5. Amit AB says:

    Ok. I see your point. What an additional fund would you recommend?

  6. ashalanshu says:

    Dear Amit, the problem lies in your own admission. double digit return, portfolio concentrated in IT and Healthcare. Majority of stocks from this fund are already there in your other 2 funds. So are you really diversified due to this fund? think over it.



  7. Amit AB says:

    Thanks Anshu. For my understanding, can you pls let me know why you are not suggesting last one. I see the fund is having double digit returns consistently for last 5 years and have focus on technology and pharma.

    What other fund would you recommend instead of last one?

  8. ashalanshu says:

    Dear Amit, Please invest in first 2 funds only. Do not opt the last one.



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