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…