your expert advice for selection of funds

[johndinesh]

hello members,
iam 30 yr old married male and completely new to mutual fund investments. i have just started investing in few funds since last month. Iam prepared for long term investment(5-15 yrs)
They are
1. HDFC TOP 200(large cap) --1000
2. Reliance RSF equity (large cap)--1500
3. BSL dividend yield plus (mid & small)--1500
4. icici discovery (mid & small)-1000
(ALL growth options)

I wanna invest another 5000 to 7000 Rupees in few more funds through SIP.

1. kindly give ur valuable opinions in choosing from the following funds which i have shortlisted (?)

a.BSL FRONTLINE EQUITY
B.DSP BR TOP 100
C.RELIANCE GROWTH
D.IDFC PREMIER EQUITY PLAN A
E.HDFC PRUDENCE
F.SUNDARAM SMILE/SUNDARAM SELECT MIDCAP
F.ONE OF THE TAX SAVER --HDFC TAXSAVER/SUNDARAM TAXSAVER/ICICI TAX PLAN


2. SHOULD I HAVE A DEBT FUND AND A BALANCED IN MY PORTFOLIO FOR MY LONG TERM INVESTMENT

3. PLEASE GUIDE ME WITH APPROPRIATE FUNDS TO HAVE A GOOD BALANCED PORTFOLO WHICH WOULD HELP ME TO BUILD A HUGE CORPUS THROUGH SIP

4. IAM INVESTING AROUND 50 K PER YEAR IN PPF AND 25 K IN ULIP.


thanking you in anticipation , JD.

 

[nikrod]

hello members,
iam 30 yr old married male and completely new to mutual fund investments. i have just started investing in few funds since last month. Iam prepared for long term investment(5-15 yrs)
They are
1. HDFC TOP 200(large cap) --1000
2. Reliance RSF equity (large cap)--1500
3. BSL dividend yield plus (mid & small)--1500
4. icici discovery (mid & small)-1000
(ALL growth options)

I wanna invest another 5000 to 7000 Rupees in few more funds through SIP.

1. kindly give ur valuable opinions in choosing from the following funds which i have shortlisted (?)

a.BSL FRONTLINE EQUITY
B.DSP BR TOP 100
C.RELIANCE GROWTH
D.IDFC PREMIER EQUITY PLAN A
E.HDFC PRUDENCE
F.SUNDARAM SMILE/SUNDARAM SELECT MIDCAP
F.ONE OF THE TAX SAVER --HDFC TAXSAVER/SUNDARAM TAXSAVER/ICICI TAX PLAN


2. SHOULD I HAVE A DEBT FUND AND A BALANCED IN MY PORTFOLIO FOR MY LONG TERM INVESTMENT

3. PLEASE GUIDE ME WITH APPROPRIATE FUNDS TO HAVE A GOOD BALANCED PORTFOLO WHICH WOULD HELP ME TO BUILD A HUGE CORPUS THROUGH SIP

4. IAM INVESTING AROUND 50 K PER YEAR IN PPF AND 25 K IN ULIP.


thanking you in anticipation , JD.

You are already having enough debt exposure in form of PPF, so I see no need for debt or balanced funds. Now your current portfolio has 4 funds. You can add two more for additional 5000 SIP.

Any 1 fund from
a.BSL FRONTLINE EQUITY
B.DSP BR TOP 100

Any 1 fund from
C.RELIANCE GROWTH
D.IDFC PREMIER EQUITY PLAN A
F.SUNDARAM SMILE/SUNDARAM SELECT MIDCAP

Since you are saving 1 lakh under 80c with PPF & ULIP, do not buy ant tax saver funds.

 

[johndinesh]

hello , thanx a lot for ur prompt reply.
1. I have invested 2k in DSPBR top 1000 and 2k reliance growth in addition to my existing funds 5k (Earlier post ) .
I wanna invest 1000 rs 'to make it a total of 10 k . I feel that my sip for HDFC top 200 of 1k is less ,shall I invest another 1k in my wife's name ? Or shall i invest in BSL frontline or sundarm select midcap

 

[nikrod]

hello , thanx a lot for ur prompt reply.
1. I have invested 2k in DSPBR top 1000 and 2k reliance growth in addition to my existing funds 5k (Earlier post ) .
I wanna invest 1000 rs 'to make it a total of 10 k . I feel that my sip for HDFC top 200 of 1k is less ,shall I invest another 1k in my wife's name ? Or shall i invest in BSL frontline or sundarm select midcap

In this case do not add more funds. invest another 1K in HDFC Top 200.