Dear All,

I have been investing in following funds since 4 months only for long term goals.

a) UTI Equity (Large Cap) – 1000

b) ICICI Pru Dynamic (Large & Mid Cap) – 1000

c) Mirae Asset India Opportunities Regular (Large & Mid Cap) – 1000

d) Franklin India Smaller Companies (Mid & Small Cap) – 1000

e) TATA Ethical – Plan A (Multi Cap) – 1000

40-50 % of shares of all funds (expect TATA ethical) are concentrated towards – Financial, Automobile & Technology stocks.

Where as, TATA Ethical does not have financial stocks and it is well diversified within Technology, Healthcare, FMCG, Energy, Engg, Auto stocks. Thus, I have added this to portfolio to have diversity.

I buy all these SIP through my HDFC account. Where, in every SIP of 1000/- of TATA ethical, it is actually investing 975/-. 25/- is deducted as charges.

So, I want to stop this fund.

Kindly help me in choosing a fund better diversify the portfolio.

Regards,

Sonal