SIP Portfolio - Review

#1
Hi Experts,

I am planning to do SIP, Rs.20000/month, into the following funds; Rs.2000 per each fund. I am an NRI and there is no concern about Tax. I am looking for a long-term, say 15-20 years. Please have a review on my portfolio and give expert advices.

1)DSP BR Top 100 equity - Equity Large Cap
2)HDFC Top 200 Fund - Equity Large/Mid
3)Reliance Growth Fund - Equity Large/Mid
4)Sundaram Select Midcap - Equity Mid/Small
5)ICICI Pru discovery fund - Equity Mid/Small
6)HDFC Prudence Fund - Balanced
7)Birla SL 95 Fund - Balanced
8)Reliance Pharma Fund - Sector Pharma
9)Reliance Diversified Power - Sector Power
10)Nifty BEes - Index Fund

Thanks in advance,
Gouri
 

savkar

Well-Known Member
#2
Hi Experts,

I am planning to do SIP, Rs.20000/month, into the following funds; Rs.2000 per each fund. I am an NRI and there is no concern about Tax. I am looking for a long-term, say 15-20 years. Please have a review on my portfolio and give expert advices.

1)DSP BR Top 100 equity - Equity Large Cap
2)HDFC Top 200 Fund - Equity Large/Mid
3)Reliance Growth Fund - Equity Large/Mid
4)Sundaram Select Midcap - Equity Mid/Small
5)ICICI Pru discovery fund - Equity Mid/Small
6)HDFC Prudence Fund - Balanced
7)Birla SL 95 Fund - Balanced
8)Reliance Pharma Fund - Sector Pharma
9)Reliance Diversified Power - Sector Power
10)Nifty BEes - Index Fund

Thanks in advance,
Gouri
Gouri,
It's good to know you are choosing multiple SIP and having a long term vision. i would suggest you check past SIP performance at http://www.mutualfundsindia.com/sip_calculator.asp

Pls note that past performance cannot be judged for future performance.

Also do not enter in all these SIPs at once. Maybe enter 2 new SIPs each month to better manage if any major correction happens.

Also pls go through this post before buying all of the above
http://www.traderji.com/mutual-funds-discussion-forum/39579-invested-sips-jan-2008-time-sell.html
 

nikrod

Active Member
#6
Any comments on the schemes I have chosen ?
Anyone has other recommendations ?
Your choice of funds is good. But number of funds being 10 is little bothersome. Typically you should have 4 to 6 equity oriented funds in your portfolio. Adding 10 funds would lead to over-diversification.

Also the division of your 10 funds goes like this

2 Large caps
3 Mid Caps
2 balanced (Equity part tilting towards Mid caps)
2 Sector Funds
1 Index Fund

With this distribution, your portfolio will be more risky & volitile. My advice would be to shun 1 Mid cap, 1 balanced & index fund. Also balance the SIP amount between remaining Large & Mid cap funds equally.
 

nikrod

Active Member
#7
Isn't it possible to do SIP in index funds ?
Could anyone share info on this ?
It is not possible to do a SIP in Index ETF funds like Nifty BEES.

You can start SIP in index funds like Franklin India Index NSE Nifty & UTI Nifty Index Fund.

To invest in ETF in SIP way, you'll have to invest manually every month.
 

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