POSTED BY January 31, 2013 11:56 pm COMMENTS (7)
ONHii,
I am a 30 year old professional.I want to invest in mutual funds with Rs5000 distributed in funds given below .So i have researched and narrowed down to four mutual fund.
1.Quantum Long Term Equity(Large-Mid)
2.Reliance Regular saving or DSPR equity(Multi Cap)
3.HDFC Mid Cap oppertunity (Mid-Small)
4.ICICI Prudential Top 100 (Large CAp)
So is this portfolio fine for me and what percentage allocation should I give.I am looking for a long term investment (10 years or more).My goal is to generate wealth after 10-15 years.
I have not included Debt fund as I am already investing in Tempelton India Pension scheme
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Dear Sunny, both are well performing funds.
Disclosure – I’m investing my own money into QLTEF. so my recommendation may be a biased one. Hence not offering a choice between the 2 funds.
Thanks
Ashal
How is UTI opportunity fund.I want to choose between UTI opportunity and Quantum long term equity.
Dear Sunny, for you my 2 funds (from your own list) ‘ll be I Pru Top 100 & Quantum Long Term Eq.
Thanks
Ashal
Dear Pushkar, please check the underlying portfolio of the funds selected by him & then answer me, is he really diversified with 5 funds or merely replicating his own portfolio by adding more & more funds. There is more to it. In case of just 2 or 3 funds, if there is any down performance, we can easily track the culprit & make corrective action.
Thanks
Ashal
Dear Sunny, please prune down your list from 4 funds to just 2 funds. that’s it. Which one to drop, you know it better than me. 🙂
Thanks
Ashal
But Ashal ,
All the funds selected by him are in different category, still he needs to drop down the number of funds ??
Why so?
Thanks .But can you advice which two funds to invest.May be large cap and mid small cap