FINANCIAL ADVICE - MF Portfolio for Long Term

Q & A Forum › Category: Investments › FINANCIAL ADVICE – MF Portfolio for Long Term

anujtan asked 9 years ago

Hi Sreekanth, Greeting of the day. I would like to take your advise on my MF portfolio. Objective is for long term retirement planning. However, like to check if current MF is good to continue or should exit. I had invested lumpsum around two years back in Franklin India High Growth Companies Fund (G). Now around 30% overall gain in 2+ years time.
Should I continue in this fund or take exit and invest in any other multi cap or balance fund for next 4-5 years? I have two SIP running which I would like to continue further - Franklin India Smaller Companies Fund - Direct Plan (G)
ICICI Prudential Value Discovery Fund - Direct Plan (G) Any other fund I should add in portfolio or increase in existing funds? As always thanks for educating and spreading the financial knowledge. Thanks, Anuj

3 Answers

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Sreekanth Staff answered 9 years ago

Dear Anuj, As you are investing for long-term, suggest you to continue with your investments. The listed funds are good ones. You may add one Equity oriented balanced fund to your portfolio. Kindly read : https://www.relakhs.com/best-balanced-mutual-fund-schemes-review/ https://www.relakhs.com/best-mutual-fund-scheme-risk-ratios/

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anujtan answered 9 years ago

Thanks Sreekanth. ok, so Franklin India High Growth Companies Fund would be good to hold further? You are right I am too feeling to add one balance fund in the portfolio. Have shortlisted these two funds based on the overlap with current funds I own. ICICI Prudential Balanced Fund - Direct Plan (G)
HDFC Balanced Fund - Direct Plan (G) Your thoughts? Thanks, Anuj

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Sreekanth Staff answered 9 years ago

Ok. Both are good ones, you may choose either of it. (Disclaimer : I have invested in HDFC Balanced fund).