Please advice me on my portfolio..

[games_icon]

hi,

I am new to MFs. I am thinking of investing them through Sharkhan as I am already having demat with them.
Below is my portfolio.

Sundaram BNP Paribas Select Midcap - Growth - Flexi SIP 4000/m
ICICI Prudential Focused Bluechip Equity Fund - Retail - Growth - SIP 2000/m
Birla Sun Life MNC Fund - Growth -Flexi SIP 4000/m
SBI Magnum Emerging Businesses Fund (G) Flexi SIP 4000/m
Emerging Businesses Fund-Growth - Flext SIP 4000/m

Please let me know if the above portfolio is good to go ahead with. Also, let me know if its ok to invest in one of the gold ETFs?

Thx!

 

[KoolSIM]

If you're new to MFs, then you should start with balanced and diversified funds. Once you have a good enough kitty of MFs, you can then look at exotic themed funds to deploy additional money. Out of your list, only ICICI Prudential Focused Bluechip Equity qualifies.

If you haven't started investing already, I'd suggest you continue only with ICICI Pru Focused Bluechip from your list and add funds like HDFC Top 200, DSP BR Top 100 and HDFC Prudence (Balanced Fund) to your portfolio.

PS: You do not need a demat account to invest in MFs.