I recently started investing in 3 funds:
1. HDFC Top 200 - Rs. 2000
2. DSP BlackRock Top 100 - Rs 2000
3. HDFC Equity - Rs. 2000
I would like to invest in another fund for Rs. 2000 to make my total invest every month to Rs. 8000 for 4 funds.
I am confused to choose among Franklin India Bluechip(which is a pure largecap fund) and a large-midcap fund like BSL Frontline Equity or Fidelity equity.
I would like to avoid pure midcaps due to its turbulent nature.
Please suggest me a fund to choose among Franklin India Bluechip or BSL Frontline/Fidelity Equity.
I am already invested in DSP BlackRock Top 100 fund. So if I add Franklin Bluechip fund, will it lead to overdiversification?
1. HDFC Top 200 - Rs. 2000
2. DSP BlackRock Top 100 - Rs 2000
3. HDFC Equity - Rs. 2000
I would like to invest in another fund for Rs. 2000 to make my total invest every month to Rs. 8000 for 4 funds.
I am confused to choose among Franklin India Bluechip(which is a pure largecap fund) and a large-midcap fund like BSL Frontline Equity or Fidelity equity.
I would like to avoid pure midcaps due to its turbulent nature.
Please suggest me a fund to choose among Franklin India Bluechip or BSL Frontline/Fidelity Equity.
I am already invested in DSP BlackRock Top 100 fund. So if I add Franklin Bluechip fund, will it lead to overdiversification?