Sir,
Currently i have invested in 7 funds. They are ;
- bsl front line equity
- icici Prudential value discovery
- franklin india smaller company
- sbi blue chip
- axis long term equity
- motilal oswal most focused 35f und.
- dsp black rock Micro-cap fund.
9 Answers
Hi,
Thank you for following my blog posts :)
1 - Suggest you to check for any high portfolio overlap among your funds (especially the large-cap oriented & multi-cap ones).
Read:
http://www.relakhs.com/mutual-fund-portfolio-overlap-comparison-tools/
http://www.relakhs.com/best-mutual-fund-scheme-risk-ratios/
2 - As your investment horizon is 20 years, you may allocate more monies to Small cap funds for the next 5 years or so.
3 - You can invest in Direct plans of your existing funds with the same Folio numbers through MF Utility platform.
Read:
http://www.relakhs.com/mfutility-invest-direct-plans-mutual-fund-schemes-online/
Again I ask u that what should be percentage in allocation in large cap, mid cap and ells fund. Among them birla sunlife,sbi blue chip,Franklin smaller and icici Prudentialvalue are for long term and rest of for 3years.should i Any change in this schemes or hold investment in sbi bluechip.and go with balance fund.
Thank u shreekanth sir for ur advice. But I hold this investment in regular. And make new portfolio . Or switch the funds but tell me which fund is replace so no chance for overlapping.
As suggested in my previous answer, kindly read the article related to OVERLAP and if overlap is say >40% then you may drop few funds and trim your portfolio a bit.
Long term horizon funds are fine.
For short term ie around 3 years, you may switch to Balanced fund and reduce allocation to Small cap fund (DSP).
Again I ask u that what should be percentage in allocation in large cap, mid cap and ells fund. Among them birla sunlife,sbi blue chip,Franklin smaller and icici Prudentialvalue are for long term and rest of for 3years.should i Any change in this schemes or hold investment in sbi bluechip.and go with balance fund.
Thank u shreekanth sir for ur advice. But I hold this investment in regular. And make new portfolio . Or switch the funds but tell me which fund is replace so no chance for overlapping.
As suggested, you can switch to the direct schemes. But it will be treated as Redemption and applicable taxes (if any) are levied. Kindly note that you can invest (new investment) with the same folio number but you can choose DIRECT option.
You can invest in Direct plans through MF utility online platform.
Read : http://www.relakhs.com/mfutility-invest-direct-plans-mutual-fund-schemes-online/
The percentage of allocation is dependent on your expected rate of return from your portfolio, goal amount and time-frame.
Kindly use the overlap tools and analyze the % of overlap among your funds and you may revert to me;
http://www.relakhs.com/mutual-fund-portfolio-overlap-comparison-tools/
thank you sir. As you say I have see there birlasun life frontline equity and sbi bluchip fund in this fund overlapping is 43%. So for a long term which fund i have to continue and another should I take a tata balance fund. Or any other suggest me. For long term goal.like retirement.
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