POSTED BY October 1, 2011 3:59 pm COMMENTS (5)
ON
Hi
I am 21. I started reading abt mutual funds for the past six months. I have selected some funds in which i want to start sip for the coming years.I need your help so that i should not land up in a bad mutual fund. I am a regular reader of jago investor.and i use money sights and value research.
MULTI CAP
HDFC equity(above sixty percent in large caP) 2000
For the past 5 yrs higher returns are generated by multi cap. So i thought to have multi cap in my portfolio
Large cap
ICICI Prudential Focused Bluechip Equity(LARGE) 2000
LARGE CAP AND MID CAP
HDFC Top 200 Fund – Growth(high large cap percent) 2000
Birla Sun Life Dividend Yield Plus – Growth(less volatile) 2000
IDFC Small & Midcap Equity Fund 1000
Balanced fund
Hdfc prudence/Balnced———2000
Sector FUND
ICICI Prudential FMCG Fund 1000 (Always reliable– consumer goods ever green)
Reliance Banking Fund – Growth 2000 (Our banks stock surely will improve after the recent slump).
Total 14000 per month.
Tax saving portfolio
HDFC Tax saver—————–25000
Canara Robecco Tax————-25000
ppf/nsc————————-37500
Pls provide your valuable suggestions….
2021 © Jagoinvestor.com All Right Reserved
HDFC Prudence is a hybrid fund and gave great results in the past.But remember it is not text book balance fund and can be volatile. I think you can afford to have HDFC Top 200 if you are in no hurry.In equity investment long terms means at least 5 year or more.
There’s no need for another multi cap fund in this portfolio.If you like to have multi cap fund in your portfolio look for various threads in jagoinvestor,even I have one,and then decide for yourself.
Happy investing!
Trishit
@Trishit Ray
I have seen that post. it is useful..
Thanks
vignesh B
Hi
Following should be your break up of 14,000
a) 5,000 – HDFC Prudence
b) 5,000 – ICICI Prudential Focussed Bluechip
c) 4,000 – IDFC Small and Midcap Fund
These 3 funds should be good in your portfolio. You can add more when you increase the amount in the future.
HDFC tax saver is the one you should continue to add for this year as well.
The above is considerin you are investing for the long term..
Happy Investing !
Abhishek
@ABHI
Thanks for ur valuable suggestion. But what do you think about the sector funds in the portfolio?
I would stick to diversified funds. The diversified fund can buy the sectors which it thinks suitable.
Regards
Abhishek