Need ideal mutual fund portfolio suggestions

POSTED BY Chaitanya ON May 7, 2011 1:45 pm COMMENTS (2)

This might be a burning question on every one’s mind on how to step into mutual funds with a good portfolio & then build on it over the years to come. So any good inputs on building a great portfolio? For ex: Say a person would like to build a portfolio with 10,000 Rs every month & looking for a 10-15 year long term growth @ 12-15% average returns… So which specific funds (out of the many good 5 star funds available) one needs in his portfolio & in what ratio he needs to split his money into each SIP for making it an ideal portfolio…

Equity: Large Cap
(1) DSPBR Top 100 Equity Reg (2) Franklin India Bluechip

Equity: Large & Mid Cap
(1) HDFC Top 200 (2) Fidelity India Growth

Equity: Tax Planning
(1) Canara Robeco Equity Tax Saver (2) Fidelity Tax Advantage 

Equity: Mid & Small Cap
(1) IDFC Premier Equity  (2) ICICI Prudential Discovery Inst I

Hybrid: Equity-oriented
(1) HDFC Prudence (2) Reliance Regular Savings Balanced 

Will 5-8 of the above with 1000 to 1500 rs on monthly SIP basis make an ideal portfolio to start off with? I dont have much information on any Debt based mf’s…

2 replies on this article “Need ideal mutual fund portfolio suggestions”

  1. For longer period of time, why do you want to take balanced fund? Opt for it in sunset years of your life or when you about to achieve some financial goal. Your ideal portfolio should have 4-5 schemes like

    HDFC Top 200
    HDFC Equity Fund
    IDFC premier Equity Fund
    Reliance Regular Savings Fund – Equity

    Just divide your money in these funds.

    Hope it will help you.
    InvestmentKit.com

  2. Jagadees says:

    @ Chaitanya
    For investing 10k monthly its better to restrict number of funds to 4-5 with equal contribution…. Among the funds u mentioned above, my ideal portfolio would be:
    1. Franklin india bluechip
    2. HDFC Top 200
    3. Fidelity tax advantage
    4. IDFC premier equity (the bet is on the fund manager and his value based approach…hence keep a close watch on any fund manager change and its subsequent performance)
    5. HDFC prudence
    I guess once the DTC kicks in Fidelity tax advantage would be merged with fidelity equity with is very similar to HDFC top 200….. In addition ur portfolio has HDFC prudence which is managed by the same fund manager and am also wary of HDFC TOP 200 future returns due to its gigantic fund size…..hence i would suggest to replace HDFC top 200 with quantum long term equity fund. (Note: This is my suggestion. do your own analysis before coming to any conclusion)

    Regards
    Jagadees.

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