Dear R, are you fairly diversified among the funds you have shortlisted? Please check the underlying portfolio of your funds & check for how many stocks are common there?
there is no written rule that for each individual goal one should select an individual fund. You may invest in just 2 funds for all your goals. KISS, isn’t it?
Thanks to all who have taken the effort to respond.
OK, I shall now elaborate a bit.
I am in the process of shortlisting funds for SIP investments.The following I have narrowed down to:
Franklin India Blue Chip , DSP BR Top 100,Birla Sunlife Frontline Equity,SBI Emerging Business,Canara Robeco Balanced Regular,HDFC Prudence & BNP Paribas Dividend Yield. Off course, they are across different asset class of large cap,large+small cap,small cap,hybrid equity,multicap equity.
Have now discarded ICICI Indo Asia. Now, keeping the logic that investments should be simple,decluttered, is my above choice appropriate?Remember that investments are for differrent needs of children education,marriage & retirement.
I am also keen to know if it is advisabe to have both large cap & large+mid cap funds concurrently in a portfolio for the SAME NEED.Does it not lead to duplicacy of the same asset class more or less??
Experts-over to you…..
Many thanks once again.
R
experts on the site-please advise suitability of the following fund for long term investment-sip of 5000/month for 9 years:
ICICI Prudential Indo Asia Equity Fund.
Thanks
R
With either ICICI Prudential Indo Asia Equity Fund or Templeton India Equity Income fund which Ramesh has suggested I would like to think some knowledge of Asian stocks is necessary to evaluate performance. Why choose Indo Asia Equity fund when are many ‘Indian’ funds which can do the job?
My idea is diversification across different emerging markets, which in general provide better diversification.
This fund because of its management team and value style.
Dear R, are you fairly diversified among the funds you have shortlisted? Please check the underlying portfolio of your funds & check for how many stocks are common there?
there is no written rule that for each individual goal one should select an individual fund. You may invest in just 2 funds for all your goals. KISS, isn’t it?
Thanks
Ashal
Thanks to all who have taken the effort to respond.
OK, I shall now elaborate a bit.
I am in the process of shortlisting funds for SIP investments.The following I have narrowed down to:
Franklin India Blue Chip , DSP BR Top 100,Birla Sunlife Frontline Equity,SBI Emerging Business,Canara Robeco Balanced Regular,HDFC Prudence & BNP Paribas Dividend Yield. Off course, they are across different asset class of large cap,large+small cap,small cap,hybrid equity,multicap equity.
Have now discarded ICICI Indo Asia. Now, keeping the logic that investments should be simple,decluttered, is my above choice appropriate?Remember that investments are for differrent needs of children education,marriage & retirement.
I am also keen to know if it is advisabe to have both large cap & large+mid cap funds concurrently in a portfolio for the SAME NEED.Does it not lead to duplicacy of the same asset class more or less??
Experts-over to you…..
Many thanks once again.
R
Dear R, have you fairly diversified your portfolio within India?
Thanks
Ashal
experts on the site-please advise suitability of the following fund for long term investment-sip of 5000/month for 9 years:
ICICI Prudential Indo Asia Equity Fund.
Thanks
R
Better go with Templeton India Equity Income fund.
With either ICICI Prudential Indo Asia Equity Fund or Templeton India Equity Income fund which Ramesh has suggested I would like to think some knowledge of Asian stocks is necessary to evaluate performance. Why choose Indo Asia Equity fund when are many ‘Indian’ funds which can do the job?
My idea is diversification across different emerging markets, which in general provide better diversification.
This fund because of its management team and value style.