MFs for Retirement Planning

#1
Hello All,

I've the following MFs on SIP. The time horizon is long term, primarily I'm investing this for my retirement in 2040.

I would not be able to invest such high amount after 2019, that's when I'll return back to India.

Would you please look at the below allocation & let me know your opinion?

HDFC Top 200 Direct Growth - 26,000
Birla SL Equity Direct Growth - 5,000
Reliance Small Cap Direct - Gro - 10,000
HDFC Balanced Direct - Growth - 10,000
Tata Retirement Savings Progressive - 1,000


Thanks in advance.
 
#2
Hello

I am New and this would be my first comment here ..so i just be generic
Looking at your investments 52k is a good investment for longer period and horizon in which u looking for is excellent infact by 2019 you able to even grow further in reaching goals with ez
as far the thumb rule is investing in ratio in profile Large Cap / Mid cap both are essential you have chosen both .

HDFC Top 200 / i Go with ICICI PRU Progressive
HDFC Balanced / i Go with Axis Triple Advantage Fund
Avoid Tata their MF funds never fetch good returns . ( i could be wrong )

Rest is ok

in long run usually any good fund will fetch you good returns .. my humble opnion is even though no one wants to follow the mutuals funds but after a year being with a fund you get a idea how it is performing when especially when market is down how much it average with same Peer performance ( it also be seen for atleast q1-q2 ) you then get an idea about fund .
 
#3
I would prefer to switch from HDFC Top 200 and Birla SL Equity fund to Motilal Multicap 35 and Franklin High Growth Companies. I may also alternatively look at Prima Plus or SBI Blue Chip fund.

The Balanced Funds of Tata and SBI are performing better than HDFC Balanced.
 

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