MF Portfolio - OK?

[jxk334]

Dear experts,

I am novice investor in MFs. I have 9 MFs and am investing equal amounts in these since last 1.5 years. request you to spare few minutes of your time and appreciate your advice if my portfolio is OK? any changes required? List of my MFs is:

HDFC Top 200
DSP BlackRock India T.I.G.E.R.
Sundaram BNPP Select Midcap - Appreciation
SBI Magnum Sector Funds Umbrella Contra - Growth
Birla Sun Life Midcap Fund Plan A - Growth
HDFC Equity
DSP BR Micro Cap Fund RP (G)
IDFC Premier Equity Fund Growth
Reliance Gold

thanks for your time.

regards,

Joseph

 

[asterix24]

Hi Joseph,

Your portfolio has a midcap orientation. I would definitely recommend you to kindly review if this is the strategy you would like to adopt going forward. My recommended revised portfolio is as below:

Revised Portfolio:
HDFC Top 200
DSPBR Top 100
NEW FUND - Discussed below
HDFC Equity
IDFC Premier Equity Fund - Growth
Reliance Gold

I have kept new fund as an option. If your strategy is not take undue risk and plan for future, I would recommend investing into a Large Cap fund like Franklin India Bluechip or ICICI Pru Bluechip. Else, if you wish to invest into Mid-cap space, I would recommend either Birla Sunlife Dividend Yield or HDFC Mid-cap opportunities.

Happy Investing !!!

 

[ashwani chadha]

dear experts,

i am novice investor in mfs. I have 9 mfs and am investing equal amounts in these since last 1.5 years. Request you to spare few minutes of your time and appreciate your advice if my portfolio is ok? Any changes required? List of my mfs is:

Hdfc top 200
dsp blackrock india t.i.g.e.r.
Sundaram bnpp select midcap - appreciation
sbi magnum sector funds umbrella contra - growth
birla sun life midcap fund – plan a - growth
hdfc equity
dsp br micro cap fund – rp (g)
idfc premier equity fund – growth
reliance gold

thanks for your time.

Regards,

joseph

dear astrix suggestions are perfect,but i will add here that sbi magnum contra and sunddaram select midcap are two time tested funds for long run period and these are my favorite also,so you should hold them for long term
i would add here,if your investment in any mutual fund is one time,then -never-forget-to-use-20%-from -top-as-your-stop-loss-in -your -investment in mutual fund also
BUT IN CASE OF THESE NINE IF YOU ARE INVESTING MONTHLY AND YOU TIME SPAN IS MORE THEN SEVEN YEAR AT LEAST,YOU DON'T NEED TO USE STOP LOSS

 

[asterix24]

Hi Ashwani,

Magnum Contra isn't the same what it used to be before when Sandeep Sabharwal (I think i got the name correct) used to manage it. In general, all contrarian/contra funds aren't performing as per their expectations. Please refer a report in Outlook money in the last 3 issues (don't remember which).

Sundaram midcap is also good. However, is it nimble? In this regard, I didn't place it in the same basket as the one with IDFC Premier Equity or HDFC Mid-cap Opp, especially the latter being very nimble.

Personally, I love these 2 funds and have some investments in them. However, I am careful enough not to be romantically foolish to invest in them when they aren't performing well. I believe in the genre, but not necessarily a specific fund.

Happy Investing !!