POSTED BY October 17, 2013 8:15 am COMMENTS (10)
ONHi,
I want to shuffle my MF Portfolio as it’s not giving me any real returns for 3+ years
My current portfolio is
1)HDFC Tax Saver -2K a month
2)HDFC Top 200-1K a month
3)BSL Dividend Yield Plus – 1K a month
4)DSPBR Equity – 1K a month
5)UTI dividend Yield – 1K a month
6)Reliance Growth – 1K a month
7)ICICI Prudential discovery – 1K a month
All are direct and growth plans and total 8K per month
I want to increase it to 12 K per month with following break up
1)HDFC Tax saver -2 K
2)HDFC Top 200 – 1K
3)ICICI Prudential Discovery – 3K
4)UTI dividend Yield-1K
5)UTI opportunities – 2K
6)Reliance Growth -1K (kept this instead of DSPBR because of low expense ratio)
7)Franklin India Bluechip – 2K
Total 12 K removing BSL dividend yield and DSPBR equity
Do you think this is correct?I am new investor in my twenties and have started learning from this blog.Any help will be appreciated.
P.S – I can afford to take risks at the moment.
Regards,
Andy
——-
I was reading the old questions and now have some real doubts in my mind and planning to change investments like below.Quite confused,need some help i think.
1)HDFC Tax saver -2 K
2)HDFC Top 200 – 1K
3)ICICI Prudential Discovery – 3K
4)QE long term Equity-3K
5)Franklin India Bluechip – 3K
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Hi Ashal,
Thanks a lot for your advice.I will make the necessary modifications in HDFC. Feeling better after trimming small investments in multiple portfolios :).
Regards,
Anindya
Dear Anindya, please keep money in following funds.
1. HDFC TAx for 80C purpose
2. FIBCF
3. IDFC Prem. Eq.
4. IPru Dynamic
Thanks
Ashal
Dear Anindya, why are you investing in HDFC Tax Saver?
Thanks
Ashal
Hi Ashal,
It’s to fulfil part of 80 C 1Lakh investment limit.Today I closed most of these funds and now have only these 4/5
1)HDFC Top 200+ tax saver-3K
2)FIBCF-3K
3)IDFC PEF-3K
4)ICICI Pru dynamic-3K
Regards,
Anindya
Nothing in equity is giving any real return in last 3 years.. so that should not be a reason to shuffle
Hi Anshuk,
I understand your point,but do you have any suggestions about the changes i am planning to make in my portfolio?
I think the list is huge.. you should have only 2-3 max equity funds. Or else it is too much diversification. Any reason, why you originally had so many?
No logical reason,I checked valueresearch 5 star funds , picked the 5 star ones in each category (non – sectoral) and invested 1K in them.Did not have much idea about MFs at that moment,I just started my career then.
Now I want to cut all these unnecessary investments and stick to 4 funds.
I have almost decided
a)IDFC Premier Equity (Midcap & Small cap)
b)ICICI Prudential discovery(Midcap & Small cap)
c)HDFC TOP 200/Tax Saver(Largecap)
d)Franklin India Bluechip or Quantum LT Equity (Large)
and stop all the others
Do you think this looks ok?
OK. I think the new list looks good. Give more preference to Large Caps. Give more preference to less expense ratio. Is Premier Equity accepting new SIPs?
I checked with customer care,they confirmed it’s open for SIP however sometimes it remains closed for lumpsum sometimes