It’s not advisable to invest in the best funds today and let your investment be as such for the next 10-15 years.
Top performing funds keep changing and hence the need for periodic review.
As the quantum of invested money starts to increase, you might want to consider allocating some portion to Fixed Income category. However, this decision depends on your risk profile.
You can always seek expert guidance from good financial advisors for the above.
I would recommend you to have 3 funds. One a large cap fund which you have in the form of DSPBR Top 100. One multi cap fund which you can choose from Quantum Long Term Equity/HDFC Top 200/ICICI dynamic; one mid & small cap fund which you can choose from your existing choice of IDFC premier equity or SBI Emerging business. Do check the Expense ratio while selecting a fund, as it will help you gain better returns over long run.
I’m 30 yrs old. I’m investing Rs. 2000 in IDFC premier Equity, Rs. 1000 pm each in SBI Emerging business and DSPBR Top 100 thru SIP. I want to expand my portfolio and planning to invest 2-3 thousand rs. pm more.
Kindly suggest some good funds for long term horizon (10-15 yrs) and also comment on present selection of funds.
I think you have pretty decent funds. Increase your investments in these. You don’t need additional funds. Increase your allocation to DSPBR Top 100 but monitor performance closely for all funds.
Hi Nishant,
It’s not advisable to invest in the best funds today and let your investment be as such for the next 10-15 years.
Top performing funds keep changing and hence the need for periodic review.
As the quantum of invested money starts to increase, you might want to consider allocating some portion to Fixed Income category. However, this decision depends on your risk profile.
You can always seek expert guidance from good financial advisors for the above.
Regards,
Sharad
http://www.thefundoo.com
[Making the right financial choices]
Dear Nishant, please continue in IDFC & DSP funds. Please replace your SBI emerging business fund with Quantum Long Term Eq.
Please increase your SIP amount in these 3 funds only.
Thanks
Ashal
Hi Nishant,
I would recommend you to have 3 funds. One a large cap fund which you have in the form of DSPBR Top 100. One multi cap fund which you can choose from Quantum Long Term Equity/HDFC Top 200/ICICI dynamic; one mid & small cap fund which you can choose from your existing choice of IDFC premier equity or SBI Emerging business. Do check the Expense ratio while selecting a fund, as it will help you gain better returns over long run.
Thanks,
Lionel
Hi,
I’m 30 yrs old. I’m investing Rs. 2000 in IDFC premier Equity, Rs. 1000 pm each in SBI Emerging business and DSPBR Top 100 thru SIP. I want to expand my portfolio and planning to invest 2-3 thousand rs. pm more.
Kindly suggest some good funds for long term horizon (10-15 yrs) and also comment on present selection of funds.
Thanks
I think you have pretty decent funds. Increase your investments in these. You don’t need additional funds. Increase your allocation to DSPBR Top 100 but monitor performance closely for all funds.
Thanks vry much
Dear Nishant, what’s the query?
thanks
Ashal