Mutual Funds – suggestion required

POSTED BY J ON October 2, 2010 6:11 pm COMMENTS (2)

Hi,

I have been investing in the following Mutual Funds since January 2010 via Monthly SIP mode.

1. HDFC Top 200 fund – Growth Option – Rs. 3,000/- per month.

2. Birla Sunlife Frontline Equity – Growth Option – Rs. 3,000/- per month.

3. DSP Blackrock Top 100 Equity Fund – Growth Option – Rs. 3,000/- per month

4. Reliance Growth – Growth Option – Rs. 2,000/- per month

5. Birla Sunlife Midcap Fund Plan A – Growth Option – Rs. 1,000/- per month

I can invest Rs. 3,000/- more on a monthly basis. Please suggest how should I allocate the amount in all the above mentioned fund. I can take above average risk. Should I invest some part of this amount in a balanced fund such as HDFC Prudence, etc. or not?

My investment horizon is around 15 – 20 years.

Please suggest…Thanks to all of you in advance 😉

Regards,

J

2 replies on this article “Mutual Funds – suggestion required”

  1. rakesh says:

    Your portfolio is very good except for Birla Sunlife Midcap Fund. You can monitor it for 2-3 quarters and if its still under-performing you may switch to ICICI Discovery Fund.

    Rakesh

  2. Yours is a good portfolio. Just add Reliance Regular Savings Fund – Equity fund. If your time horizon is 15-20 years, why are you thinking about balanced fund. Think of balanced fund at 50-55 age.

    Hope it will help you.
    InvestmentKit

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Download Our FREE Ebook!

Available only for first 100 people today

Download Our FREE Ebook!

Available only for first 100 people today