help regarding Mutual Fund investment

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vish122 asked 10 years ago

Sir, thank u for giving me advice about my investment. Currently i invested 6000 per month. My mf portfolio funds are ;

icici Prudential value discover y
Birla sunlife Frontline equity
franklin india smaller companies
sbi bluechip

I want invest more 4000 in this fund. Please suggest me in which fund i have invest and suggest me asset allocation in %. Also i want to invest lump sum in mf funds so i have to go with this or suggest me another. My investment horizon for long term 15 to 20 years. Thank u. Shrikant sir.

1 Answers

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Sreekanth Staff answered 10 years ago

Hi, Individually all the four funds are good ones. But two of them are Large-cap oriented ones which have Portfolio overlap of more than 40%. You may add a balance fund with slightly lower allocation and can drop any one of the two large-cap funds. Kindly read: http://www.relakhs.com/mutual-fund-portfolio-overlap-comparison-tools/ http://www.relakhs.com/mutual-fund-categories-market-capitalization-large-cap-vs-mid-cap-vs-small-cap-funds/ http://www.relakhs.com/best-mutual-fund-scheme-risk-ratios/ You may make additional or lump sum investments in the same funds.