Looking for suggestion

POSTED BY Venkateswara Rao K ON May 29, 2013 10:14 pm COMMENTS (4)

Dear Jagoinvestor Friends, 

 

I have been investing in the following funds thru SIP. 

1. DSPBR Top 100 Eqt Reg-G

2. HDFC Top 200 -G

3. LnT Equity (Erst while Fidelity Equity) – G

4. IDFC Premier Equity Reg-G. 

As I am looking to invest additional amounts thru SIP, I have the following questions. 

1. Do I have rebalance my current portfolio by stopping SIPs in any of the above mentioned funds?

2. As my portfolio is lacking the debt aspect, whether to add good balanced fund or liquid fund?

3. Please suggest me good balanced or liquid fund to add to portfolio.

The goal of this portfolio is to build enough corpus for my son’s higher education as well as my retirement. 

 

Your are suggestions are really appreciated. 

 

Thanks & Regards,

 

Venkat K

4 replies on this article “Looking for suggestion”

  1. Dear Venkat, my query was to know the already available debt investments with you. As you are already having EPF & also contributing in it, check for the need of additional debt for your over all portfolio. If it’s still required, opt PPF as your primary choice. Once EPF & PPF are over & you still need debt fund, you can opt for the same at that time.

    Thanks

    Ashal

  2. Venkateswara Rao K says:

    Hi Ashal,

    I have EPF. I would like to provide additional information of mine. I am 35 years old, have two dependents. My wife is home maker and son is 6 years old.

    As I have EPF, Is it really required to have PPF?

    Thanks & Regards,

    Venkat K

  3. Dear Venkat, are you not having PF or PPF?

    thanks

    Ashal

  4. 1. Rebalancing and SIP investment are two independent process.
    You can see how to rebalance a SIP portfolio here:

    http://freefincal.wordpress.com/2013/05/23/the-what-why-how-and-when-of-portfolio-rebalancing-with-calculators-to-boot/

    2. A debt fund like an income fund (Templeton India Income Fund) or Monthly income plan like Reliance MIP (growth option) will be sufficient (in addition to EPF for retirement if applicable).

    3. You don’t need a balanced fund or liquid fund.

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