January 28, 2014 2:25 pm
Have following SIPs. Request your views as am planning to review the same.
can u please suggest options for the same.
HDFC Top 200 has beaten its benchmark index 15 out of 18 years of its existence. This is according to the latest review by Outlook Money. I would suggest that you try and hold onto it for another 6 months as the Fund Mangers claim that there has been a reshuffle in the portfolio.
If you are skeptical that the fund would improve in the near future then I would suggest the following based on your portfolio. You currently hold 3 Large cap funds, 1 Balanced fund and 1 Long Term Debt Fund.
If you would like to invest for a period of more than 5 years then Mid-Cap Funds are an attractive option right now. Since the valuations of Mid Cap Funds are low it is a good time to enter and stay invested for a period of 5 years or more. This would also help you diversify your portfolio. There are quite a few Mid-Cap funds that are performing well but as you require an alternative I would suggest you go for HDFC Mid Cap Opportunities Fund.
Regarding SBI Dynamic Bonds you will have to wait for a period of 1 – 2 years to see good returns. However, if you are looking to get returns in a short span of time (6 months to 1 year) then you can choose Tempelton India Ultra Short Bond Fund. Given below is a recent review of the fund posted in the FundsIndia blog.
Dear Jinesh, why are you redeeming from the 2 funds?
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