Sir,
My existing SIP portfolio:
ABSL Front line Eq. Fund (Direct) Rs.1000/- for 30 years -Retairment Plan
HDFC Mid cap Opportunity Fund (Direct) Rs.1500/- for 32 years-Retirement Plan
Kotak Standered Multicap Fund direct) Rs.1500/- for 30 years-Retirement Plan
Additionally I have sufficient debt cover as PPF investment ans FDs.
I have two queries i) Is there any need to add a sector fund in a long term portfolio (i.e-25 30 years) like Franklin India Technology Fund or Tata India Consumer Fund?
ii) As the fund size of HDFC Mid cap opp. is growing like anything, do I switch to HDFC Small cap Fund from HDFC Mid Cap Opp. Fund and include L&T Mid cap as a mid cap category fund in my portfolio?
I need your valuable suggestion to take care my portfolio.
1 Answers
Hi,
I strongly believe investing in a Diversified Fund is more than enough. But for someone who would like to take very high risk, understand the business cycles of the concerned Industry/sector then can consider investing a small portion of corpus in Thematic or sector based funds.
Also, when markets are very volatile or in downward trend, defensive bets like FMCG funds or Pharma Funds may fare better than other sectors.
You may kindly check the overlap between L&T mid-cap and HDFC Mid-cap and if the overlap % is on the lower side, can consider investing some amount in L&T mid-cap. But, personally, I do not worry too much about the AUM.
Related article :
Mutual Fund Portfolio Overlap Comparison Tools
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