My MF portfolio… your comment please

POSTED BY Rajendran ON October 4, 2010 1:17 am COMMENTS (3)

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.
  1. BIRLA SUN LIFE TAX RELIEF 96 FUND- DIVIDEND $$                            
  2. CRMF-Equity Tax Saver Dividend Fund $$                                                             
  3. DSP BLACKROCK TAX SAVER FUND – GROWTH OPTION $$                                
  4. FIDELITY TAX ADVANTAGE FUND DIVIDEND$$                                                        
  5. FRANKLIN INDIA TAXSHIELD – GROWTH$$                                                           
  6. HDFC LONG TERM ADVANTAGE FUND – GROWTH$$                                               
  7. HDFC TAX SAVER – GROWTH PLAN$$                                                                   
  8. ICICI PRUDENTIAL TAX PLAN – GROWTH$$                                                           
  9. PRINCIPAL PERSONAL TAX SAVER$$                                                                    
  10. PRINCIPAL TAX SAVING FUND$$                                                                         
  11. RELIANCE TAX SAVER FUND – GROWTH PLAN$                                                     
  12. SBI MAGNUM TAX GAIN SCHEME – GROWTH$$                                                  
  13. SUNDARAM BNP PARIBAS TAX SAVER – OE GROWTH$$   
Following are the funds I invested in 2006 and your view on these funds are highly appreciated.
  1. SUNDARAM BNP PARIBAS CAPEX OPPORTUNITIES FUND – GROWTH                           
  2. SBI MAGNUM SECTOR FUNDS UMBRELLA CONTRA -GROWTH                               
  3. FRANKLIN INDIA FLEXI CAP FUND – GROWTH                                                              
Thanks for your time and effort. Thanks.

3 replies on this article “My MF portfolio… your comment please”

  1. wizwealth says:

    ADD MORE ELSS FUNDS.YOU CAN GET INTO GUINESS BOKK

    1. Rajendran says:

      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.

  2. 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

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