Zeroed in on my MF portfolio

POSTED BY Rajendran ON December 10, 2010 3:07 am COMMENTS (3)

As the market is showing weakness, I am at the final stage of finallyzing my mutual fund portfolio.

I have zeroed in on the following MF to be my long term portfolio.

1) HDFC TOP 200

2) DSP BLACK ROCK TOP 100

3) FIDELITY EQUITY FUND

4) IDFC PREMIER EQUITY FUND PLAN A

5) HDFC MID CAP OPPURTUNITIES

Allocation among various stocks are : Large cap stocks ~55%, Mid cap ~30 and Small Cap ~15

is this allocation fine or do I need to chrun my portfolio so that I can shift the balance towards Mid cap and small cap?

can you folks drop in your view/thoughts/suggestion over this portfolio.

I have following questions:

1) Is it fine to have 2 funds from the same fund house if so is it ok to have 2 funds managed by the same fund manager. I am asking about HDFC TOP 200 & HDFC EQUITY.

 

 

3 replies on this article “Zeroed in on my MF portfolio”

  1. Siva- IFA says:

    Rajendran,

    The bottom line is the scheme should meet the objective it meant for and perform well. No matters how many fund you hold from the same AMC.

    My take also to add Reliance Regular Saving Fund instead of DSP BLACK ROCK TOP 100 / Fidelity Equity Fund.

    And Sundaram Select Midcap instead of HDFC Midcap opportunities. You can consider HDFC Equity / Prudence also.

    Since, you mentioned this portfolio is for longterm, why don’t you consider adding some Tax Saving schemes suppose if you fall short with some investment amount for 80CC. 🙂 🙂

    Thanks – Siva

  2. Ramesh Mangal says:

    It will be interesting to know the “why” of your fund selection. Until then, it will be my favorite versus yours.
    Also, this will help you in future “choppy” times!

    Ramesh

  3. It doesn’t matter to hold more than one fund from same AMC as long as the objective of the schemes are different.

    Your portfolio is good but I would suggest you to add Reliance Regular Savings Fund – Equity instead of Fidelity Equity Fund.

    Hope it will help you.
    InvestmentKit.com

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