Thursday, June 21, 2012

Advise needed on my indian mutual fund Portfolio..

Mr.Shiraz asked : "
pls advise me on my present I am doing Monthly SIP'S in these mutual funds and schemes..My horizon is around 10 years..
1.HDFC Top 200
2.Dsp Equity
3.Idfc Premiur Equity
4.Hdfc Prudence
... 5.Templeton India Pension Plan
6.Reliance Gold fund
7.New Pension Scheme (NPS)
How is my porflio looking..pls advisee thanks in advance and take care...bye""

This question was asked through YAHOO ANSWERS....
Hi, Shiraz,
at the outset, congrats for having a long term outlook.
Investors like you are few and far between.
Out of the above funds,
Hdfc Top 200
Dsp Equity Fund
IDFC Premier Equity Fund
HDFC Prudence Fund
Reliance Gold Fund. 
which means that your selection of funds have been very good. However, the only fund which I feel that you should take out is the Templeton India Pension Plan...

You would do well to have another Diversified Equity Fund like the
Axis Triple Advantage Fund

You can also consider replacing Reliance Gold Fund with RELIGARE Gold Fund as its expenses is lower.

Do review your funds at regular intervals and switch from underperformers
It would also be prudent if you could replace HDFC Top 200 Fund as a Diversified fund would be in a better position to give you better returns and also this will reduce your exposure to the HDFC Fund house.
This is in no way a comment on the performance of HDFC Top 200 Fund.
You can look at investing in
ICICI Dynamic  Equity Fund
Best of luck,
Srikanth Matrubai


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