Dear Sir/ Madam,
Can you please share your valuable comment on my planned MF portfolio, which I am going to start from July 2018
ADITYA BIRLA SUN LIFE TAX RELIEF 96 GROWTH DIRECT PLAN 3k/m
SBI SMALL CAP GROWTH DIRECT PLAN 5k/m
MOTILAL OSWAL MULTICAP 35 GROWTH DIRECT PLAN 7k/m
PRINCIPAL EMERGING BLUECHIP GROWTH DIRECT PLAN 3k/m
INVESCO INDIA OPPORTUNITIES GROWTH DIRECT PLAN 4k/m
RELIANCE PHARMA GROWTH DIRECT PLAN 2.5k/m
L&T INFRASTRUCTURE GROWTH DIRECT PLAN 0.5k/m
Target Wealth creation for a long-term, 25-30 years
1 Answers
Hi,
After SEBI's reclassification of funds, PRINCIPAL EMERGING BLUECHIP GROWTH & INVESCO INDIA OPPORTUNITIES funds fall under 'Large - Mid cap fund category'.
You may check their portfolio overlaps after couple of months and if overlap is on higher side, you may retain either of the funds in your portfolio.
Birla Tax relief and Motilal funds are fine.
In case, you are aware of the high risks associated with thematic or sector based funds then you may continue with pharma and infra funds.
Kindly read :
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