MF Portfolio‏ Diversification Susnata, 17 Feb 2014

Dear Sir, Season's Greetings & Good Evening. To introduce myself, I'm 32 years old and started investing in MFs from April 2010. I would like to get your advice on my portfolio's diversification, whether to Add or Exit any fund or increase any fund's allocation. My Present MF Scenario: Amount Invested: Rs.11,000/month by SIP Time Period: 20 years Target Amount: Rs.1 crore ----------------------------------------------------- My Present MF Portfolio: ----------------------------------------------------- Large Cap: ICICI Pru Focused Bluechip (Direct plan-Growth) - Rs.2,000 Large & Mid Cap: Quantum Long Term Equity (Direct plan-Growth) - Rs.2,000 Mid & Small Cap: HDFC Mid-Cap Opportunities (Direct plan-Growth) - Rs.3,000 Tax-Saving: Canara Robecco Equity Tax Saver (Direct plan-Growth) - Rs.4,000 Debt: BSL Dynamic Bond Retail (G) - Rs.50,000 ----------------------------------------------------- I thank you in advance for your advice. Waiting for your reply. Regards Susnata

Fintotal Answer

Dear Susnata, you have made fairly good choice of funds in your portfolio. You are planning for a long term goal primarily and equity diversified mutual fund is best suited for it (preferably large cap). Both the funds ICICI Pru Focused Bluechip and Quantum Long Term Equity are best suited for your goal. Look at increasing the SIP to Rs 10,000 total from present Rs 4000 total in both these funds. You can instead divert the SIP of HDFC Midcap Opportunities to one of these large cap funds. Other things are okay to continue.  Since the scope here is limited, a generic approach is been used. For a better experience with your queries, write to us at http://assistance.fintotal.com/. Thanks

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