Want to invest Rs. 20,000/- Per month more…how and where ?

POSTED BY Harish Handa ON April 14, 2014 1:43 pm COMMENTS (3)

Hi

From last 3 years, I’m already investing Rs. 14,000/- in below mutual funds.  However, I would like to invest Rs. 20,000/- per month more.

Can you please advice how should I breakup Rs. 20000/- OR I should discontinue few of the MF OR I should pick some other MF

Fund Name

Monthly Amount

HDFC Prudence Fund-Growth

5500

HDFC TOP 200

1500

Reliance Monthly Income Plan – Growth

3000

Reliance Regular savings Equity Growth  fund

2000

DSP BR Equity – Regular Equity fund

2000

 

3 replies on this article “Want to invest Rs. 20,000/- Per month more…how and where ?”

  1. ashalanshu says:
    April 15, 2014 at 8:39 pm

    Dear Harish, please go ahead in the same funds.

    Thanks

    Ashal

    Reply
  2. Harish Handa says:
    April 15, 2014 at 9:31 am

    Dear Ashal,

    3 years back the reason was quite simple which are as follows.

    1. Based on my analysis,
    2. Valueresearchonline reports + MorninStar Reports
    3. Past performance , portfolio and consistent rating of these funds over a period of time.
    4. And finally , the funds capability to hold and maintain the confidence during market turbulence.

    So, currently, in my portfolio there are 4 funds (so far performing good). 2 from HDFC and 2 from Reliance. As I said, I can invest 20K more per month, so should I go ahead with above funds or merge few of funds or should I pick another fund

    Harish

    Reply
  3. ashalanshu says:
    April 15, 2014 at 2:38 am

    Dear Harish, please tell me the reason of selection of each of your existing fund.

    Thanks

    Ashal

    Reply

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