This has reference to the following article by FundsIndia.com.
http://www.fundsindia.com/content/jsp/learn/mf_portfolio.jsp
They suggested the following allocation:
Large cap 50%
Mid & small cap 20%
Debt 30%
This typically boils down to a balanced fund. Why not then choose 4/5
(or 2/3) balanced funds such as, HDFC Prudence, HDFC Balanced, FT
India Balanced, DSPBR Balanced and Reliance Regular Savings Balanced
instead of creating your own portfolio as suggested in the article?
Going directly for a balanced fund managed by an AMC would be more tax
efficient than creating your own balanced fund in the manner suggested above.
Is there any point I am missing in their suggestions?
http://www.fundsindia.com/content/jsp/learn/mf_portfolio.jsp
They suggested the following allocation:
Large cap 50%
Mid & small cap 20%
Debt 30%
This typically boils down to a balanced fund. Why not then choose 4/5
(or 2/3) balanced funds such as, HDFC Prudence, HDFC Balanced, FT
India Balanced, DSPBR Balanced and Reliance Regular Savings Balanced
instead of creating your own portfolio as suggested in the article?
Going directly for a balanced fund managed by an AMC would be more tax
efficient than creating your own balanced fund in the manner suggested above.
Is there any point I am missing in their suggestions?