Sir,
I am overwhelmed by the genuine advice on your blog. Kudos. I am wanting to invest lump sum amount through STP route in three-four fund houses(Debt-to-Equity). STP time horizon would be over period of three years, approx amount 30000 pm, Holding time for Equity funds would be 10-15 years. Kindly recommend funds on both ends. My researched option are
Franklin India Dynamic Accrual-Franklin India Prima Plus+Franklin India Blue Chip
Birla Sunlife Short Term Opportunities- Birla Sun life FL Equity + Birla Sunlife Advantage
Axis Dynamic Bond Fund or Axis Fixed Income opportunities Fund - Axis LT Equity
SBI Savings Fund - SBI Bluechip + SBI Magnum Multi-cap
ICICI pru dynamic accrual- ICICI pru value discovery
Hope you will give your well researched and honest advise as usual.
1 Answers
Hi,
STP route is a good option!
The listed funds are good ones. But most of them are from same fund category like either multi-cap or large-cap schemes.
It may not be that beneficial to invest in multiple funds, there can be higher portfolio overlap among these funds.
Kindly read:
http://www.relakhs.com/mutual-fund-portfolio-overlap-comparison-tools/
http://www.relakhs.com/best-mutual-fund-scheme-risk-ratios/
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