Please help me create a good portfolio.

[sks_12]

What is your opinion about these portfolios? This is for me (age 33 years, investment period: 15 years).
*****************************
portfolio-1

Large Cap:
DSPBR Top100 equity - 27%
Fidelity Tax advantage - 13%

Multicap:
HDFC equity - 40%

(Mid+small)cap:
IDFC premier equity(A) - 13%
Birla sunlife dividend Yield plus - 7%
*****************************
portfolio-2:

Large+Mid Cap:
HDFC top200 - 27%
Fidelity Tax advantage - 13%

Multicap:
HDFC equity - 40%

(Mid+small)cap:
IDFC premier equity(A) - 13%
Birla sunlife dividend Yield plus - 7%
*******************************
If ELSS funds are abolished after 2012, plan is to add amount invested in taxadvantage fund to Pure large or large+mid cap funds in above two portfolios.

My second question is: we are advised to invest in the ratio

equity: debt=80:20
(or in my case, about 70:30 because of my age?)

But in most portfolio suggestions I do not see any hybrid/pure debt fund included. Should I add one? How about HDFC MIP long-term?

 

[savkar]

Both are good ... also have a look at HDFC prudence and icici pru discovery to replace birla !

What is your opinion about these portfolios? This is for me (age 33 years, investment period: 15 years).
*****************************
portfolio-1

Large Cap:
DSPBR Top100 equity - 27%
Fidelity Tax advantage - 13%

Multicap:
HDFC equity - 40%

(Mid+small)cap:
IDFC premier equity(A) - 13%
Birla sunlife dividend Yield plus - 7%
*****************************
portfolio-2:

Large+Mid Cap:
HDFC top200 - 27%
Fidelity Tax advantage - 13%

Multicap:
HDFC equity - 40%

(Mid+small)cap:
IDFC premier equity(A) - 13%
Birla sunlife dividend Yield plus - 7%
*******************************
If ELSS funds are abolished after 2012, plan is to add amount invested in taxadvantage fund to Pure large or large+mid cap funds in above two portfolios.

My second question is: we are advised to invest in the ratio

equity: debt=80:20
(or in my case, about 70:30 because of my age?)

But in most portfolio suggestions I do not see any hybrid/pure debt fund included. Should I add one? How about HDFC MIP long-term?

 

[xxdiesel]

Replace HDFC Equity in Portfolio 2 with quantum Long Term Equity as you already have a Prashant Jain Fund in that portfolio (Top 200). This will diversify across AMC as well.

In both portfolios, you could replace the Birla Fund with either Birla Sunlife Frontline Equity or HDFC Mid Cap Opportunities based on your market cap bias.

Debt:Equity ratio is fine but the key is to have 6 months worth of expenses in a Liquid Fund/FD.