SIP Portfolio Feedback – 12 funds total

POSTED BY Jasjit ON April 6, 2014 2:23 pm COMMENTS (4)

Hi,

I have following SIP Mutual Fund Portfolio, Commited to invest for next 10 year  Rupee 75000 per month.

S.No Fund Amount
1 Birla Frontline Fund 12000
2 DSPBR 100 Equity 1500
3 Franklin Bluechip 5000
4 Franklin Primaplus 5000
5 FT US Feeder 2000
6 HDFC Balanced 7000
7 HDFC MidCap 5000
8 ICICI Bluechip 12000
9 ICICI Dynamic 7000
10 ICICI US Bluechip 2000
11 Reliance Opportunity 3500
12 Quantum Long Term Equity 13000
    75000

Selected mix of Large and Mid Cap funds, also selected 2 Global Funds to give diversity to the portfolio. Please advise if i need to do any changes in that

Regards

Jasjit

4 replies on this article “SIP Portfolio Feedback – 12 funds total”

  1. Viswanath says:

    Hi Jagjit,

    I am not an expert, but an avid reader of this forum. Below is what I understood before starting to invest in MFs.
    If you are planning to hold for 10 years- better select 3 to 4 funds depending on how you want to spread it out between large cap & mid cap equity.
    Do a regular performance check – every 12-16 months.
    If you feel, any of the funds you have opted – does not even meet the benchmark figures, try to switch to a better one available.
    When you are in the 7th year (check if you are getting expected returns) and slowly migrate/switch towards Balanced for 1 year and then to Debt funds to safeguard the returns.

    I hope others in this forum would also have same opinion.
    Cheers
    Viswanath

  2. Divya says:

    Hi Jagjit

    If your portfolio has more than 6 to 8 funds, you lose the benefit of diversification. Most financial advisers recommend not to have more than 6 to 8 funds. You need to carefully choose your funds based on your situation and the goals in life. I also agree with Syamantak that a lot of mutual funds have a common underlying base. Think about the funds you need and throw out the others. Good luck.

  3. ashalanshu says:

    Dear Jasjit, why did you stop at 12 funds only? Why are you not making the list longer to 24 or 36 funds? Please think over it.

    Thanks

    Ashal

  4. Syamantak says:

    Please do a little work yourself. Try to find out how different is your underlying stocks. You would be surprised to know that many of your MFs are having a common portfolio base.
    Apart from valueresearch, you may use Pattu’s calculator to compare the portfolio of your MFs (http://freefincal.com/mutual-fund-portfolio-comparison-tool/)

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