Want to increase amount invest in SIP (Equity Diversified) Which are best.

POSTED BY naveenarichwal ON October 22, 2011 2:09 pm COMMENTS (4)

Sir please help me ,
I am investing Rs.1000 each in HDFC Taxsaver(G), Reliance Taxsaver(G) and HDFC Equity(g) For on an average 2.5 yrs.

Now i want to invest via SIP additional Rs.4000/-p.m. Which Eq. Diversified funds with long track record should i choose. I want to remain invested for next 15 yrs via SIP(GOD permiting).

Please advice me

Thanks
Dr Naveen Arichwal

4 replies on this article “Want to increase amount invest in SIP (Equity Diversified) Which are best.”

  1. VIGNESH BASKARAN says:

    @Naveen

    It s better not to Have sectoral funds in our portfolio.As these sectoral funds run will not be positive always. Instead of that go for mid and small cap (If you are bit agggresive)

    1. IDFC Premeir equity-Plan A
    2. BSL dividend yield plus.

    Any how after this financial yr you wont invest in Tax saver. At that time U can go for large and mid cap fund such as
    Fidelity India Growth,
    ICICI Pru Dynamic Inst I,
    Canara Robeco Equity Diversified, Franklin India prima plus, Fidelity Equity, Birla Sunlife frontline equity and UTI dividend yield.
    your portfolio
    ICICI pru Focused Bluechip fund (G), Birla sunlife MNC fund ,Hdfc Equity (g),and HDFC taxsaver(G) , Add one large and mid cap fund , one mid and small cap fund. Avoid Sectoral funds

    Happy Investing!!!!

  2. Dr Naveen Arichwal says:

    Thanks to all,

    I want to invest in ICICI pru Focused Bluechip fund (G), Birla sunlife MNC fund ,Hdfc Equity (g),and HDFC taxsaver(G) via SIP.Total invested 7000/m

    Please comment

  3. TheZionView says:

    @Naveen

    You now have
    HDFC Taxsaver(G)
    Reliance Taxsaver(G)
    HDFC Equity(g) (Multi Cap)

    Why do you need two tax saver fund? make it one say HDFC tax saver alone.Also you should check your SIP after march 2012 as DTC might kick in from next year making ELSS no more in tax saving quota

    You should have a Large Cap fund included in your portfolio to give stability
    You can choose one from best performing funds like DSPBR Top 100 Equity,Franklin India Bluechip,ICICI Prudential Focused Bluechip Equity.

    You already have MultiCap Fund which can have any stock.But if you are aggressive investor you might look into adding a Mid and Small Cap Fund like Birla Sun Life Dividend Yield Plus,IDFC Premier Equity,HDFC Mid-Cap Opportunities

    So if you are conservative you can go like below

    HDFC Taxsaver(G) Rs 2000

    HDFC Equity Rs 1000

    New SIP in Large Cap Fund Rs 4000 (DSPBR Top 100 Equity,Franklin India Bluechip,ICICI Prudential Focused Bluechip Equity.)

    If you can be bit more aggressive then

    HDFC Taxsaver(G) Rs 2000

    HDFC Equity Rs 1000

    New SIP in Large Cap Fund Rs 2000 (DSPBR Top 100 Equity,Franklin India Bluechip,ICICI Prudential Focused Bluechip Equity.)

    New SIP in Mid & Small Fund Rs 2000 (Birla Sun Life Dividend Yield Plus,IDFC Premier Equity,HDFC Mid-Cap Opportunities)

  4. VIGNESH BASKARAN says:

    Hi Naveen

    U can invest in some large cap funds Icici Prudential Focussed Bluechip(G) and Franklin India Bluechip (G) (choose among the two) and if u are able to take a bit risk U can have go for the mid and small cap funds such as Idfc premeir equity and BSF dividend yield plus .

    Select one in both the category and start investing. Franklin India Bluechip is a very old fund. for more info pls refer this chart
    http://www.fundsupermart.co.in/main/research/viewHTML.tpl?articleNo=903

    Pls stop investing in the tax saving mutual funds within this financial yr. U may not get the tax benifits under 80C from next financial yr as DTC comes into the picture.

    Happy investing!!!!

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Download Our FREE Ebook!

Available only for first 100 people today

Download Our FREE Ebook!

Available only for first 100 people today