Investment in mutual funds suggestion??

POSTED BY Yogesh ON April 13, 2012 8:27 pm COMMENTS (5)

I have been investing in following mutual funds since last one year by SIP
1. HDFC Top 200 fund – Growth 2500/p.m.
2. HDFC Equity fund – Growth 1500/p.m.
3. IDFC premium equity fund – Plan A Growth 2000/p.m.
4. BSL dividend yield plus – Growth 1500/p.m.
5. ICICI Pru dynamic plan – Growth 1500/p.m.
6. Sundaram select midcap Growth 1500/p.m.

a. Is there any need to change in any mutual fund? (exchange with any other fund or stop)
b. I need some money say 50 thousand so which funds should I redeem from?
Please do not suggest about loan.

5 replies on this article “Investment in mutual funds suggestion??”

  1. Yogesh says:

    TheZionView,

    Any reason for such suggestion?

    Yogesh.

  2. Dear Yogesh, the so called need is a planned one or unplanned one? Please clarify. Can you prolonged this need for some time at least next 3-6 months?

    Thanks

    Ashal

    1. Yogesh says:

      ashal jauhari,

      This is unplanned one and can not prolonged it. I have not got loan bcoz of cibil issue.

      Yogesh.

      1. Dear Yogesh, in that case that you are in urgent need of the money. Please redeem the 3 funds as suggested by dear TheZionView. The logic lies in the performance of the funds & the structure of your portfolio.

        Thanks

        Ashal

  3. TheZionView says:

    Yogesh,
    If you needed money now why did you go with Equity MFs. If it was a mistake dont repeat it again what if you need the money and the money u invested is not even worth 50k now?

    for the other question. You have 6 fund ..i would suggest make it 3.

    1. HDFC Top 200 fund – Growth 2500/p.m.
    2. HDFC Equity fund – Growth 1500/p.m.
    3. IDFC premium equity fund – Plan A Growth 2000/p.m.

    Keep the above three and you can stop the below three. Add the extra money into the above 3 funds according to your risk profile

    4. BSL dividend yield plus – Growth 1500/p.m.
    5. ICICI Pru dynamic plan – Growth 1500/p.m.
    6. Sundaram select midcap Growth 1500/p.m

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