Hi,
Following is my MF portfolio. I have been investing in ELSS for the last 5 years, misguided by diversifying the risk, accumulated so many funds in my portfolio. Now I learned that it’s better to consolidate the PF to have few MFs so that it can be adminstered easily.
I have already decided in principle to exit PRINCIPAL tax saving funds as it’s not going anywhere. Do you folks suggest me to book out of any other funds.
- BIRLA SUN LIFE TAX RELIEF 96 FUND- DIVIDEND $$
- CRMF-Equity Tax Saver Dividend Fund $$
- DSP BLACKROCK TAX SAVER FUND – GROWTH OPTION $$
- FIDELITY TAX ADVANTAGE FUND DIVIDEND$$
- FRANKLIN INDIA TAXSHIELD – GROWTH$$
- HDFC LONG TERM ADVANTAGE FUND – GROWTH$$
- HDFC TAX SAVER – GROWTH PLAN$$
- ICICI PRUDENTIAL TAX PLAN – GROWTH$$
- PRINCIPAL PERSONAL TAX SAVER$$
- PRINCIPAL TAX SAVING FUND$$
- RELIANCE TAX SAVER FUND – GROWTH PLAN$
- SBI MAGNUM TAX GAIN SCHEME – GROWTH$$
- SUNDARAM BNP PARIBAS TAX SAVER – OE GROWTH$$
Following are the funds I invested in 2006 and your view on these funds are highly appreciated.
- SUNDARAM BNP PARIBAS CAPEX OPPORTUNITIES FUND – GROWTH
- SBI MAGNUM SECTOR FUNDS UMBRELLA CONTRA -GROWTH
- FRANKLIN INDIA FLEXI CAP FUND – GROWTH
Thanks for your time and effort. Thanks.
ADD MORE ELSS FUNDS.YOU CAN GET INTO GUINESS BOKK
Wizwealth,
thats funny… ACtually I have 5 more funds in ELSS which I didn’t specify. They are all the DIVIDEND option of the few of the above mentioned GROWTH funds.
I beleive in, its better to be late then never. At least now I am making effort to consolidate the funds. Thanks.
You’ve OVER-diversified your portfolio which is not healthy for profits. Just stick to 3-4 funds & merge others.
I would recommend the following funds
SBI Magnum Contra
BIRLA SUN LIFE TAX RELIEF 96 FUND-
Reliance Regular Savings Fund – Equity (add it)
HDFC Top 200 Fund (add it)
Hope it will help you.
DodaCharts