WHICH MF IS BETTER

POSTED BY PARITOSH V TRIVEDI ON February 22, 2011 7:15 pm COMMENTS (2)

RIGHT NOW I AM INVESTING IN FOLLOWING MUTUAL FUNDS SINCE 3 MTHS

1) HDFC PRUDENCE GROWTH- RS 2000/MTH

2) HDFC TOP 200 GROWTH- RS 1000/MTH

3) CANARA ROBECO EQUITY DIVERSIFIED GROWTH- RS 2000/MTH

4) ICICI PRUDENTIAL TAX PLAN GROWTH-RS 1500/MTH

I WANT TO INVEST RS 1000/MTH IN EITHER UTI OPPOURTUNITIES FUND G OR ICICI PRU DISCOVERY FUND G FOR 5 YEARS.

WHICH ONE IS BETTER TO INVEST OR YOU CAN SUGGEST ANY NEW MF.

THANX TO ALL.

2 replies on this article “WHICH MF IS BETTER”

  1. Manish Chauhan says:
    February 23, 2011 at 1:16 am

    Paritosh

    I dont see any reason to add one more fund , instead you can remove one fund from your portfolio

    What makes you invest in 5 funds and not just 3 funds . there is enough diversification by investing in 3 funds alone

    Manish

    Reply
    1. PARITOSH V TRIVEDI says:
      February 23, 2011 at 9:48 am

      MANISH

      THERE ARE SOME REASONS FOR ADDING A NEW FUND.

      1) ICICI PRU DISCOVERY FUND WILL ADD MIDCAP AND SMALL CAP TO MY
      PORTFOLIO & AND I THINK THAT IT CAN GIVE GOOD RETURN IN 5 YEARS.

      2) AFTER 3-4 YEARS I WILL WITHDRAW UNDERPERFORMING MF FROM MY
      PORTFOLIO.

      3) I DONT NEED MONEY FOR 3-4YEARS AND I WANT TO INVEST EXTRA MONEY
      OTHER THAN MY EMERGENCY FUND TO GET SOME GOOD RETURN THAN SAVING
      ACCOUNT/FD.

      KINDLY ADVICE.

      Reply

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