Mutual Fund Portfolio review for 20 years

Q & A Forum › Category: Investments › Mutual Fund Portfolio review for 20 years

ram33 asked 8 years ago

Hi Sreekanth, I am investing in below mutual funds from 2014 Aug. ICICI LONG TERM EQUITY FUND (ELSS) - REGULAR - GROWTH -2500 PER MONTH FRANKLIN INDIA BLUECHIP FUND - DIRECT - GROWTH - 5000 PER MONTH FRANKLIN INDIA PRIMA FUND - DIRECT - GROWTH - 2500 PER MONTH Now I don't want to invest in ELSS, can you please suggest where should I invest? Should I put 2500 more in Franklin India Prima? or should I opt for a new fund (may be small cap) I can take risk as my goal is to create wealth in long term. I have debt products like PPF, LICs, FDs Thanks, Ram.

3 Answers

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Sreekanth Staff answered 8 years ago

Dear Ram, You may add one Diversified equity fund to your portfolio : Ex : Birla Equity fund Kindly read : https://www.relakhs.com/best-mutual-fund-scheme-risk-ratios/ https://www.relakhs.com/200-day-moving-average-dma-mutual-funds/

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ram33 answered 8 years ago

Thank you for the suggestion! is ii good idea to select all funds from same AMC - in my case its FT India?

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Sreekanth Staff answered 8 years ago

Hi, No right or wrong answer..but in terms of diversification, prudent to invest in schemes belong to at least couple of AMCs..

ram33 replied 8 years ago

Hi Sreekanth,

Thanks, Do you think FT Bluchip and FT Prima are good? I have only one AMC in my current portfolio.

Thanks,
ram.

Sreekanth Staff replied 8 years ago

They are consistent performers. In case, you are planning to add one more fund in future, you may consider a scheme from a different AMC!