Req: Have 2 funds and need sugessions for more

[URPradhan]

Hi Friends

I have 2 funds (SIP) as below and want to add few more funds to my portfolio.
I have shortlisted few and want the feedback from you before subscribing for these funds as SIP.

And what should be the days of the month for the funds ?
My 2 existing funds are going on 15th and 30th of the month and I want to split all others equally through out a month.
Is it good to choose/split different dates of a month ?


Already have ...

1. HDFC Top 200-G ==> monthly 4K
2. IDFC Premier Equity Plan A-G ==> monthly 2K


Want to add ...

1. Reliance Growth-G ==> monthly 2K
2. HDFC Equity-G ==> monthly 2K
3. ING Dividend Yield-G ==> monthly 2K
4. DSPBR Small and Mid Cap Reg-G ==> monthly 2K
5. UTI Dividend Yield-G ==> monthly 2K


Thank you in adv.

 

[URPradhan]

Please reply.

 

[rajivnc]

You have very good selection of funds.

HDFC Top 200-G - a Large Cap, 67%
IDFC Premier Equity Plan A-G - Mid Cap, 33%

Also well balanced in terms of fund allocation and AMC allocation. If you want to add more money, I think its better to add more to the existing funds. Don't add the number of funds. Also keep some money as emergency fund. Also some in debt instruments like PPF, FD, Debt / Liquid MFs.

 

[nikrod]

You have very good selection of funds.

HDFC Top 200-G - a Large Cap, 67%
IDFC Premier Equity Plan A-G - Mid Cap, 33%

Also well balanced in terms of fund allocation and AMC allocation. If you want to add more money, I think its better to add more to the existing funds. Don't add the number of funds. Also keep some money as emergency fund. Also some in debt instruments like PPF, FD, Debt / Liquid MFs.

My Suggestion from your selected list of funds

Reliance Growth-G ==> monthly 2K
UTI Dividend Yield-G ==> monthly 2K

 

[URPradhan]

You have very good selection of funds.

HDFC Top 200-G - a Large Cap, 67%
IDFC Premier Equity Plan A-G - Mid Cap, 33%

Also well balanced in terms of fund allocation and AMC allocation. If you want to add more money, I think its better to add more to the existing funds. Don't add the number of funds. Also keep some money as emergency fund. Also some in debt instruments like PPF, FD, Debt / Liquid MFs.

I think I can not add more money to existing SIPs but yes I can always buy new ones And as you have suggested for PPF, FD,..., I have both company PF and personal PPF and also bank FDs (subscribed at SBI when the interest rate was 10.5% for 1000 days !) But I'm not explored more into Debt/Liquid funds. If you can suggest few more such funds it will be helpful for me.

 

[nikrod]

I think I can not add more money to existing SIPs but yes I can always buy new ones And as you have suggested for PPF, FD,..., I have both company PF and personal PPF and also bank FDs (subscribed at SBI when the interest rate was 10.5% for 1000 days !) But I'm not explored more into Debt/Liquid funds. If you can suggest few more such funds it will be helpful for me.

It seems that have enough exposure to debt. In that case you need not consider a debt fund. In case you want to invest in debt funds some of the medium term debt funds are

Canara Robeco Income
Birla Sun Life Dynamic Bond
Fortis Flexi Debt

 

[rajivnc]

It seems that have enough exposure to debt. In that case you need not consider a debt fund. In case you want to invest in debt funds some of the medium term debt funds are

Canara Robeco Income
Birla Sun Life Dynamic Bond
Fortis Flexi Debt

Also FYI, the Debt/Liquid funds will be beneficial for those in the 20, 30% Tax bracket.

For those in the 10% Tax bracket can consider Auto Sweep Facility provide by Banks.