HDFC Balanced Fund changed to HDFC Hybrid Equity fund

Dear Ranjan, If your investment time-frame is medium to long-term, you may continue with your investments in this fund.   Related article:  Best Mutual Funds 2018-19 | Top Equity Funds post SEBI’s Reclassification

Dear Ranjan, You may retain any one out of these two funds. My personal choice would be SBI Bluechip. You may also consider switching to a Large cap based Index fund instead of having a large cap oriented actively managed fund. Ex : UTI Nifty Fund.

Dear Sreekanth, Last 3 year I continue investing HDFC mid cap opportunity direct fund as SIP, but continuously this fund performance is going down bcoz. of midcap sector problem. But at the same sector Axis midcap fund performance continuously doing well. standard deviation, sharp ratio, beta & alfa all are showing far better than HDFC midcap. now I am  getting confuse. cannot taking decision. Either I should continue HDFC midcap or  stop the SIP and start fresh SIP in Axis Midcap. Please give your suggestion. Regards, Ranjan

Dear Ranjan, Yes, its recent performance has not been matching its long track record. The standard deviation has been on the higher side for the last couple of years or so. But, let's not forget that this fund has been very consistent for the last many years. If we see its performance in the last 10 years, its still ranked at no.1 in terms of returns. But, may be its time to have slightly lower expectations. You may continue with it for some more time as of now! The other fund which really like is Franklin Prima fund in this category. You may also go through this freefincal article..

Dear Sreekanth, I get lot of help from you regarding mutual fund selection. Sir I need one more help. I want to stop two equity fund from my portfolio which I was continuing last 3 years, but I want to hold these funds for next 7-10 years. Should I use this method ?? What is advantage or disadvantage of this method as your opinion. Regards, Ranjan

Dear Ranjan, Are you referring to HDFC Equity and Hybrid funds? May I know the reason for your plan to stop investments in these funds? Are you investing in any other MF Schemes?

I am talking HDFC Mid cap and Birla Sunlife multi cap. Currently I am holding 6 fund in my portfolio, SBI Bluecheap, Franklin India smaller fund , HDFC midcap Opertunity, Birla Sunlife multi cap, Mirae Asset emerging blue cheap, Axis long term fund. Presently I am unable to continue my all SIP for all funds in future due to fund shortage. But immediately I don’t need money, so how can I adjust my portfolio. Please advice.

Hi, If your investment horizon is around 10 years; You may continue with large cap (SBI bluechip), HDFC Mid-cap funds. If you are planning to claim tax deduction u/s 80c then can continue your investments in Axis LTE.