POSTED BY April 13, 2012 8:27 pm COMMENTS (5)
ONI 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.
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TheZionView,
Any reason for such suggestion?
Yogesh.
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
ashal jauhari,
This is unplanned one and can not prolonged it. I have not got loan bcoz of cibil issue.
Yogesh.
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
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