I am 55, woman doctor ,no retirement age,no short term requirement of funds.
Would like to revise distribution amounts for new MFs investments from now on , for good growth and returns.
(Existing distribution 36% Equity and 64% Debt )
Would you suggest 75% Balanced funds and 25% Equity OR any other combination?
I do not need any new Debt /Liquid/Bond/Income funds.
Thanks
Vijaya
2 Answers
Dear Dr Vijaya,
May I know if your current Equity investments are in Mutual funds or direct equity (stocks)?? Your expected investment time-frame??
If MFs, kindly share the scheme names.
Dear mr.Shreekanth,
Thankyou for your prompt response.
A)
My existing MFs are all DIRECT, GROWTH.
Scheme names
Equity MFs
1.Birla Top 100
2.SBI MF Blue chip
Balanced
1.Tata Bal.Fund
2.HDFC Balanced fund
3.ICICI Prudential Bal. Fund
Debt
1.BSL Sunlife medium Term
2.BSL Dynamic Fund Retial Growth Plan on BSL asset Mat Co.Ltd
3.HDFC Medium term opportunity Fund
4.ICICI Prudential AdvisorSeries Dynamic Fund Accrual plan with medical advantage
5.BSL Treasury optimizer fund
SIP
HDFC Small cap fund
Liquid ,Reinvestment Weekly Dividend
HDFC Cash Management Fund saving plan
Thanks,
Dr.Vijaya
B) I can invest Long term 4 to 5 years
Hi,
Kindly note that even these balanced funds are equity oriented ones.
The two Large cap funds and three balanced funds are good ones. But, investing in three balanced funds may not be really beneficial.
Considering your risk profile and investment horizon, you may continue with HDFC balanced fund.
Kindly read :
https://www.relakhs.com/best-mutual-fund-scheme-risk-ratios/
https://www.relakhs.com/mutual-fund-portfolio-overlap-comparison-tools/
There are better funds in small cap space than HDFC Small cap fund.
Ex: Franklin Smaller Cos fund.
You may add one Diversified Equity fund to your portfolio, ex : Birla Equity Fund
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