Hi guys what strategy do you follow to build your mutual fund portfolio?
Here is my equity portfolio. I use Bank FD instead of debt funds. Though I have to gradually shift to debt funds in the future to reduce taxes.
Sector equity fund 20%
Infrastructure equity Fund 20%
Mid Cap equity fund - 20%
Conservative large cap bias equity fund -20%
Large Cap bias tax saver equityfund -20%
I chose one fund in each category that has completed 3 years.I check out the 3 month, 6 month, 1 year and 3 year returns. The fund should have performed better than its peers in bear markets. In mid cap funds I also consider the size of the fund. Apart from this, the aspects to consider is the entry load, exit load, performance of the fund manager.
Please share your strategy and pls comment on any flaws in mine
Here is my equity portfolio. I use Bank FD instead of debt funds. Though I have to gradually shift to debt funds in the future to reduce taxes.
Sector equity fund 20%
Infrastructure equity Fund 20%
Mid Cap equity fund - 20%
Conservative large cap bias equity fund -20%
Large Cap bias tax saver equityfund -20%
I chose one fund in each category that has completed 3 years.I check out the 3 month, 6 month, 1 year and 3 year returns. The fund should have performed better than its peers in bear markets. In mid cap funds I also consider the size of the fund. Apart from this, the aspects to consider is the entry load, exit load, performance of the fund manager.
Please share your strategy and pls comment on any flaws in mine