Need advice on this portfolio

POSTED BY Raghu ON September 11, 2013 12:12 am COMMENTS (4)

Hello Everyone

I am planning to make my MF portfolio based on these funds. Already bought 3 of them at the beginning of this month. All are DIRECT plans.

Large-Cap:

UTI Opportunities Fund – Growth (Invested with Rs 5000 on 2nd sep, need to start SIP)

Quantum Long Term Equity – Growth (Invested with Rs 3000 on 2nd sep, need to start SIP)

ICICI Pru Focused Bluechip Equity – Growth (yet to invest later this month with Rs 5000)

Small & Mid-Cap:

Birla Sunlife MNC Fund – Growth (yet to invest later this month with Rs 5000)

SBI Emerging Business Fund – Growth (yet to invest later this month with Rs 5000)

Diversified Equity:

UTI MNC Fund – Growth (yet to invest later this month with Rs 5000)

Sector Funds:

Reliance Pharma Fund – Growth (Invested with Rs 5000 on 2nd sep, need to start SIP)

Balanced Funds:

Reliance Regular Savings Fund – Balanced Option (G) (yet to invest later this month with Rs 5000)

I am planning for a SIP of Rs 1000 in each of these funds from next month. Please suggest your feedback/comments on these funds and let me know if I need to change any of them.

I am a 30 year old, recently married. I can save up to 20k per month. My idea is to invest around 7k-10k per month in these MF SIPs and start an RD of Rs 10k for 12 months in some bank and may withdraw/renew it based on my needs after every 12 months.

 

Regards,

Raghu.

4 replies on this article “Need advice on this portfolio”

  1. ashalanshu says:

    Dear Raghu, may I know the underlying portfolio of each of your MFs, you are invested in & how you are diversified among these 9-10 funds?

    Thanks

    Ashal

  2. bharat shah says:

    there is not question of tracking only. you need to modify based on the performance of the fund (of course after a period) , or for asset allocation balancing , if you are doing . then there is overlapping of shares in your mfs. –then it means too much diversifying ,—then you need not only track the performance, but you may like that the funds’ underlying strategy be coincided with your philosophy. yes, one needs to hold equity or equity mf for longer time, but with possible less effort, comfort and the goal achieving. particularly when you want to invest in direct plan , too many funds management could be cumbersome , and without any benefits . better have 2-3 funds at a time, monitor regularly (but reshuffle only after a long period and having sufficiently researching) .

  3. Raghu says:

    My idea is to invest in different categories of funds and map them to each of my long term goals and continue investing in them for a period of 15-30 years. Tracking will not be problem from my side and with kind of tools and forums available online these days. Let me know if my approach is wrong.

  4. bharat shah says:

    better keep mf schemes no. 2 to 3 max. for better tracking . your first 3 mfs seem enough .

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