7 replies on this article “Should I start SIP of Rs 1,000 in HDFC Equity ?”

1. ashalanshu says:

   December 20, 2013 at 2:56 pm

   Dear Amrutha, please go ahead in the 2 funds. If you like to diversify from HDFc AMC, You may invest in Franklin India Bluechip in place of HDFC Top 200.

   Thanks

   Ashal

   Reply
   1. Amrutha says:

      December 20, 2013 at 3:08 pm

      Thanks Ashal

      Reply
2. ashalanshu says:

   December 20, 2013 at 8:35 am

   Dear Amrutha, why did you opt these funds?

   Thanks

   Ashal

   Reply
   1. Amrutha says:

      December 20, 2013 at 11:26 am

      As these funds are diversified.
      Also my goal is long term corpus creation.

      Reply
3. Sumit says:

   December 18, 2013 at 6:12 pm

   You are correct that it does not matter average performance for couple of years (considering overall market volatality), specially when you are investing for 20 years long term.

   But problem with these 2 hdfc funds are that comparing with its peers they performed very poor and didn’t even beat the benchmark for couple of years. But they are top runner for very long time, and if you have confidence on the fund managers views then you can continue.

   But I would definitely not invest ONLY in these 2 funds, if I were you. If you have 2/3 more other funds and these 2 are less than 40% of your total portfolio, then its still OK>

   Tahnks
   Sumit

   Reply
4. Amrutha says:

   December 18, 2013 at 5:28 pm

   Thanks Sumit for the suggestion.
   I am basically looking for long term (20 years) thats the reason why i have chosen this fund.
   Also I haven’t made any homework on the above mentioned 4 funds.
   Does it matter even if the fund is performing average in last few years when i am considering it for long term.

   Thanks

   Reply
5. Sumit says:

   December 18, 2013 at 4:49 pm

   Why you have chosen HDFC Equity?

   The performance of these 2 hdfc funds were pretty average for last few years, I would choose other better performing funds in these catagory like following:-

   1) Quantum Long Tern Equity fund
   2) Axis long term Eq
   3) ICICI focused bluechip
   4) Uti Oppertunities

   Thanks
   Sumit

   Reply

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