Hi friends,
Please give your opinion on the mutual fund portfolio of my cousin, who is 30 years old and just shortlisted the following funds. He wants to save 2 crores after 25 years. His risk appetite is low to moderate. He can invest Rs.10,000/- a month.
1) HDFC Balanced — Rs. 3000/- p.m
2) HDFC Top 200 — Rs. 2000/- p.m
3) UTI Dividend Yield — Rs. 2000/- p.m
4) BSL Dividend Yield Plus — Rs. 2000/- p.m
5) Reliance Gold Savings fund — Rs.1000/- p.m
Any changes required?