Hello
I am planning to revamp my Portfolio and keep only the below 5 MFs. I will withdraw from other Funds I have invested gradually and transfer in these 5 MFs.
If you can please advise on the Portfolio. Is it well diversified enough with no overlapping. Should I change or add anything? Kindly note these are existing funds, I am not adding anything new.
I am looking for long term investment with aim of capital appreciation.
My New Proposed Portfolio.
1) DSP TOP 100 (Large Cap)
2) HDFC Top 200 (Large and Mid Cap)
3) HDFC Prudence (Balanced)
4) Reliance Regular Savings (Multi Cap)
5) ICICI Pru Discovery (Small & Mid Cap)
The below Funds I am going to exit gradually and transfer them to the above funds.
a) IDFC Sterling Equity b) Sundaram Tax Saver c) DSP Equity d) HDFC MIP e) Reliance MIP
Note: Both MIPs above, I am planning to transfer to PPF and FDs for debt allocation
Please advise if I am on right track please.
Thanks in advance
Vikas