Should I continue with my 5 mutual funds or not ?

POSTED BY Jay ON February 8, 2014 7:47 pm COMMENTS (7)

I am new to MF and recently I purchased below funds, can I continue this else please suggest some better funds. Now my monthly SIP is 6000 and planning to add 2000

1. HDFC Equity – 1000
2. HDFC top 200 – 2000
3. HDFC mid cap – 1000
4. SBI Emerging business – 1000
5. SBI Bluechip – 1000

Jay

Bangalore

 

 

7 replies on this article “Should I continue with my 5 mutual funds or not ?”

  1. ashalanshu says:

    Dear Jayan, why do you want to add SBI Pharma? If you are fascinated with recent top class performance, please do note same may not be there in future as it’s a sectoral fund.

    Thanks

    Ashal

  2. jayan.nair@ymail.com says:

    Dear Ashal,
    Thanks.
    Yes additional 4k, how about SBI Pharma fund is it wise to invest in sbi pharama

  3. ashalanshu says:

    Dear Jayan, you mean to say for your additional 4K Rs. investment, your existing funds are not good? Please invest in existing funds.

    Thanks

    Ashal

  4. jayan.nair@ymail.com says:

    Dear Ashal,

    Thank you, I am planing to invest additional rs 4000 could you please suggest best MF.

    Jayan

  5. ashalanshu says:

    Dear Jayan, if you have started just now, why are you so worried? Please continue with your funds at least for next 3Y. Then only think of any course correction.

    Thanks

    Ashal

  6. jayan.nair@ymail.com says:

    Dear Ashal,

    I started this month. I am 40 years old and my target is for better retirement, child education etc.
    My child is 5 year now

    Thanks.. Jayan

  7. ashalanshu says:

    Dear Jayan, from when are you investing in these funds? What is youyr target goal or amount to reach and in what time?

    Thanks

    Ashal

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