I have joined action month and now have a fundsindia a/c.After reading jagoinvestor and some other sites and fundcards I have decided to start SIPs of 10K for 10 years.I am now looking for a well diversified portfolio.I have selected these funds-
1)Large Cap:Frankline India Bluechip(G): Rs.3000/-
2)Large & Mid Cap: HDFC Top 200(G): Rs.3000/-
3)Small & Mid Cap: IDFC Small & Midcap Equity(SME)(G): Rs.2000/-
4)Multicap: DSPBR Equity(G): Rs.2000/-
1.I have entered this portfolio in moneysights with 16August as starting date as in August the market saw downfall and now it is recovering.When I clicked ‘get portfolio’ tab it shows my portfolio as very aggressive or I do not care for risk type.Did I really choose very risky funds?
2.I did not choose any balance funds.Previously I thought of investing 1K in HDFC Prudence and 1K in DSPBR Equity but decided against it as I already have one fund from HDFC.Shall I reconsider it?
3)Can anybody please tell me the difference of investment strategy of IDFC Premier Equity and IDFC Small & Mid Cap(SME) fund?I know both are small & mid cap fund and have the same fund manager.Premier Equity is older but its expence ratio is 2.50 whereas Small & Mid cap has 2.06.Allthough Premier Equity’s 3yr returns are better.
Please have another look at my portfolio and advise.
Regards,
Trishit Ray