3 replies on this article “SIP Profile”

1. Sri Ramakrishna says:

   February 6, 2012 at 8:16 pm

   Thank you Ashal And BanyanFa

   Reply
2. BanyanFA says:

   February 6, 2012 at 7:08 pm

   Hi Mr. Ramakrishna,
   It is nice to see that you have started investing in SIPs. Your current choice of funds are not bad but may require some tweaking.
   Currently you are investing :
   1. Large Cap funds (HDFC Top200 & Franklin Blue Chip) – Rs. 3000 pm.
   2. Mid Caps – Rs. 4000 per month
   3. Gold – Rs. 1000 per month

   If you have further investable funds, you may like to invest / diversify into the following:
   1. Micro Cap funds – best fund being DSP Black Rock Micro Cap Fund – Rs. 1000 should be good;
   2. Sector Fund – Reliance Banking Fund can give a good exposure towards Banking sector. Rs. 1000 per month should be a good amount to start with.
   3. I am avoiding to give you suggetion to invest into Balanced Funds as I believe that you may already be having Income from your Employer via salary. You may want to increase your voluntary PF contribution by Rs. 1000 per month to enhance the debt component of your portfolio. Alternatively invest into your PPF.

   It is important for you to understand that SIPs are meant for long term horizon and hence you may notice very frequent fluctuations in your investment portfolio. These should not bother you, as they are temporary stages of an equity market. In long term, they all should head north and give you good returns.

   Regards
   BanyanFa

   Reply
3. ashal jauhari says:

   February 6, 2012 at 9:37 am

   Dear Krishna, if you are investing first time, my take ‘ll be to go for HDFC Prudence fund 2K SIP & Franklin India Bluechip fund 2K SIP.

   These 2 funds are good enough to begin with. Later on, when you are comfortable with the investments, you may add 1 or 2 funds more.

   Thanks

   Ashal

   Reply

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