Mutual Fund PortFolio Review

[equityexplorer]

Hi,

I am planning to start a SIP of 10000/- in mutual funds., I have short listed few funds,
can anyone please review the portfolio and give suggestions on the portfolio:-

1)HDFC EQUIY - 2500 pm
2)HDFC TAX SAVER - 2500 pm
3)HDFC MID CAP OPPURTUNITIES -2500 pm
4)RELIANCE BANKING FUND -2500 pm


all suggestions to take a new fund or remove anyone of existing will be welcomed

 

[vishal412]

I will Suggest you to go for:

1. HDFC Top 200 - 2500
2. Quantum Equity Long Term Growth - 2500
3. HDFC Tax Saver - Not required actually but you can go for this is you are looking for some tax saving investments
4. Fidelity Equity-2500

 

[shilpaks7]

isnt the Canara Robeco Equity Tax Saver a better fund for tax saving?

 

[equityexplorer]

hi Vishal

Thanks for your reply, yes i was looking for 1 MF for tax saving purpose also.
currently Banking sector is down, so will Reliance Banking Sector will not be a good pick to make good profits when banking sector bounces back and past track record of this fund is also 20%+ returns

Pls advice

 

[equityexplorer]

hi ,

Can roberco equity tas saver is also a good fund seeing its composition and consistent good returns

 

[drsambu123]

hi Vishal

Thanks for your reply, yes i was looking for 1 MF for tax saving purpose also.
currently Banking sector is down, so will Reliance Banking Sector will not be a good pick to make good profits when banking sector bounces back and past track record of this fund is also 20%+ returns

Pls advice

If u want ur portfolio bit aggressive u can go for 1 sector funds.But generally nor more than 10-15 %. Among the sectors bank is one sector which moves closely to sensex. Here u can buy single time rather than SIP. reliance banking is a good fund with superb return in the past years