Dear all,
I am NRI for 15+ years in Gulf. I am relatively new to Investing and Mutual Funds. I have the following MF in my portfolio with ICICI Direct, which were purchased about 18 months ago, both through lumpsum and SIP.
Scheme Value at NAV Profit/ Loss %
BIRLA SUN LIFE TAX RELIEF 96 FUND- DIVIDEND 839 -17.46
HDFC TAX SAVER – GROWTH PLAN 5805 13.6
RELIANCE EQUITY OPPS FUND – GROWTH PLAN 2813 2.08
HDFC EQUITY FUND – GROWTH PLAN 24621 -12.41
DSP BLACKROCK TOP 100 EQUITY FUND – GROWTH 17086 -5.66
Canara Robeco MIP Growth Fund 5836 14.21
RELIGARE TAX PLAN – GROWTH 3251 6.62
HDFC TOP 200 FUND – GROWTH PLAN 50235 -5.61
ICICI PRUDENTIAL DYNAMIC PLAN GROWTH 29410 -2.33
BIRLA SUN LIFE FRONTLINE EQUITY FUND – GROWTH 24191 -10.77
SUNDARAM SELECT MIDCAP – GROWTH 42908 -10.85
CRMF-Equity Tax Saver Dividend Fund 5958 -8.23
DSP BR TAX SAVER FUND – DIVIDEND OPTION 5225 2.24
I wish to rebalance my portfolio. Please advise me how to go about this.
Tax saver funds have 3 yrs lock in period, Should I sell the Robeco growth fund which shows 14% profit?
Also, I have a surplus savings of Rs.12-14L, which I would like to invest. Please let me know what are the available options for the same (STP etc). I want to include Reliance Gold ETF in the above portfolio.
My age is 41, married, NRI. risk appetite – High.
Apart from the above, I have some Bank FDs and few small investments in Jewellery & Real Estate.
I have another query also: I don’t have any insurance as of date, but would like to take a Term plan. Being NRI, I can’t do it immediately till my next visit to India. To avoid these hassles, can I start a SIP on the premium amount for 20 years? Would it give the same returns as a Term plan or somewhere near to that?
Thanks in advance for all your guidance.