Please Review my MF SIP portfolio

[Nava]

yodlee99,

From Jan-2011 my SIP portfoilo would be as below,

Large Cap :
Franklin India Blue Chip

Large & Mid Cap :
HDFC Top 200
BSL Frontline Equity

Mid & Small Cap:
IDFC Premier Equity Plan-A
ICICI Prud. Discovery

Multi Cap:
Rel. Regular savings.
HDFC Equity

All are growth and monthly Rs.5000 each.
yodlee99, any suggestions will be appreciated.

 

[yodlee99]

Great set of funds. You are planning to invest 5k per month in 7 funds... I was going to suggest 7k per month in 5 funds.. I will leave it upto you. As long as you can keep track of 7 funds, we have no issues.
Also, remember to set up 5 SIPs for 1k each on 5 different dates of the month. Repeat it for each fund, if you are keen on rupee cost averaging. It might look a little daunting to think about this, but its pretty simple. I would definitely suggest you spend a few extra minutes to set this up right on day 1 and get slightly better returns.
Check back with us in an year's time and by then, I am sure to see a bigger smile in your face
Good luck!

 

[Nava]

Hi,

Thanks for your valuable sugesstions. I will drop 1 Midcap and 1 Multicap and the final list as follows,
Large Cap :
Franklin India Blue Chip

Large & Mid Cap :
HDFC Top 200
BSL Frontline Equity

Mid & Small Cap:
IDFC Premier Equity Plan-A

Multi Cap:
HDFC Equity

 

[yodlee99]

Looks good to me. If you are interested in more suggestions, here it is: diversify across MF houses and replace HDFC Equity with Rel Reg savings equity.
Good portfolio.

 

[Nava]

Great set of funds. You are planning to invest 5k per month in 7 funds... I was going to suggest 7k per month in 5 funds.. I will leave it upto you. As long as you can keep track of 7 funds, we have no issues.
Also, remember to set up 5 SIPs for 1k each on 5 different dates of the month. Repeat it for each fund, if you are keen on rupee cost averaging. It might look a little daunting to think about this, but its pretty simple. I would definitely suggest you spend a few extra minutes to set this up right on day 1 and get slightly better returns.
Check back with us in an year's time and by then, I am sure to see a bigger smile in your face
Good luck!

yodlee99,

Thanks for your advise to spread the SIP throughout the month.

Can you advise on the following planned allocation ratio to maintain between the funds..?

Large/mid Cap : 50 %

Mid/samall Cap : 25 %

Multi Cap : 15 %

Sector Funds : 10 %

 

[yodlee99]

These numbers seem to be fine, on a first pass. Punch in your portfolio in VROL and look at the overall % in these categories.