Portfolio Review Pls!!

POSTED BY Vikas Vyas ON November 23, 2012 6:47 pm COMMENTS (5)

Hello Friends

Does the below Portfolio makes a good diversified and more importantantly not too much overlapping one?  Looking to invest through SIP for about 8 to 10 years with the sole aim of capital appreciation. Will ofcourse review their performances periodically.

HDFC Prudence

DSP TOP 100

Quantum Long Term Equity

Reliance Regular Savings Equity

ICICI Pru Discovery

Thanks and Regards

Vikas

 

5 replies on this article “Portfolio Review Pls!!”

  1. TheZionView says:

    DSP TOP 100

    Quantum Long Term Equity

    ICICI Pru Discovery

    Just these three should provide you with enough diversification with minimum overlap among them

    1. Vikas Vyas says:

      Thank you so much!

      Just one query. Is it Ok to invest only in these 3 funds and not logical to spread out the money in at least 5 funds so that distribution in each company is not off board?

      For example, would it be better to have 10 lacs in 3 funds (i.e 3.33 lacs per fund) or 5 funds (2 lacs per fund). I am thinking this in long term perspective.

      I will eventually go with your suggestion as my knowledge is limited. But just wondering would it do too harm to invest in a consistent performer like HDFC Prudence (Balance) and Reliance Regular Saving (Multi Cap). I thought after reading all articles in this forum, Five funds in portfolio is acceptable.

      Thanks again

      Vikas

      1. Vikas Vyas says:

        Also, should I redeem and transfer the money lying in other funds and evenly distribute among the three funds please.. Is this the right approach? Thanks

        1. TheZionView says:

          The thinking here is when you can achieve something(diversification) with three funds why add 2 more.

          The left out funds mostly overlap with the three funds mentioned.
          A large cap, multicap and a mid &small cap is more than enough diversification.
          If you feel compelled to include the rest 2 you can do it ,it is just a over head

          The spread among the funds depends on risk one is ready to take. You can choose equal spread among the funds if you can absorb some extra risk.Or put in more money in large cap fund and relatively lesser in mid&small cap funds.

          If you have made decision on funds which you are going to stick to then go ahead and redeem it and transfer it to the selected funds.May be you can refrain from those which is still under exit load period.

          1. Vikas Vyas says:

            Thank you so much! That clears the clutter in my head..

            I will go ahead and stick with these 3 funds only and review them periodically.

            Regards

            Vikas

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