MF Portfolio assessment

Q & A Forum › Category: Investments › MF Portfolio assessment

kirannandavarapu asked 8 years ago

Hi Sreekanth, My name is Kiran and i'm 34. I'm currently investing for long term purposes and don't want to redeem now. I'm investing monthly Rs. 2500 in

ICICI Prudential Bluechip Fund direct - Invested 92.5k and current value is 1.04lacs as of today
Franklin India Focused Equity Fund - Invested 90k and current value is 1.08 lacs
HDFC Balanced Direct - INvested 1.07 and current value is 1.35lacs

Can you please suggest whether should i continue investing in all three or come out of any funds. Also, i'm planning to invest 3000 each in L&T midcap to cover midcap sector and SBI Small cap to cover smallcap. Also, i would like to bump up HDFC balanced fund to 7500 per month now. Let me know if my plan is fine and can i go ahead? Thanks, Kiran

1 Answers

0 Vote Up Vote Down

Sreekanth Staff answered 8 years ago

Dear Kiran, ICICI Focused Bluechip is ICICI Bluechip. Franklin High Growth Cos Fund is now Franklin Focused Equity Fund. HDFC Balanced fund is now HDFC Hyrbid Equity Fund. There are no major changes to 1st and 3rd funds. But Franklin fund will now be classified as 'Focused fund that invests in max 30 stocks' (multicap oriented). Earlier this was a typical multicap one. You may continue with these three funds and can also consider the other two new ones that you have mentioned. Kindly read :

kirannandavarapu replied 8 years ago

Thanks Sreekanth.