Need Advice on my portfolio

Q & A Forum › Category: Mutual Funds › Need Advice on my portfolio

ANPEND58 asked 9 years ago

Sir, I am currently haviing four SIPs, since Feb 16. 1. sbi bluechip. 2 bsl banking and fin services. 3. dsp br microcap 4. Sundaram select midcap. From fy 17-18 i wish to stop two of these and start a elss sip. Pl advise me which sips to stop and a suitable elss. Thanks Anand

3 Answers

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Sreekanth Staff answered 9 years ago

Hi, May I know your investment horizon & objective(s). You may consider ELSS (Franklin Tax shield / Birla Tax plan) in place of BSL Banking fund & Sundaram fund. Kindly read: http://www.relakhs.com/best-mutual-fund-scheme-risk-ratios/ http://www.relakhs.com/best-mutual-fund-schemes-2017/

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ANPEND58 answered 9 years ago

SIR I HAVE FOLLOWING INVESTMENTS 1. EQUITY & EQ MF 2. DEBT MF 3. PPF 4. SOME CASH. MY IT REBATE (1.5 L) IS TAKEN CARE BY THE REPAYMENT OF CAPITAL IN HOME LOAN. TO BALANCE MY PORTFOLIO, SHOULD I INVEST IN GOLD ETF ? (LUMP SUM OR SIP) MY TIME FRAME IS 3-4 YEARS. PL ADVISE. ANAND

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Sreekanth Staff answered 9 years ago

Hi, I believe that Gold prices have become more volatile than equity oriented products. Kindly read : https://www.relakhs.com/gold-is-it-still-the-safest-and-risk-free-investment/ You may consider making additional investments in your existing Debt or hybrid mutual funds.