Mutual Fund Portfolio Review

Q & A ForumCategory: InvestmentsMutual Fund Portfolio Review
Harleen asked 4 years ago
Hi Srikanth, I've invested lumpsum amount in ICICI Bluechip fund, ICICI equity and debt fund, HDFC Hybrid Equity Fund and L&T India Value Fund in the last 3 years. And investing via SIP in Mirae Asset Emerging Bluechip Fund since early this year. Could you please suggest whether I should continue my portfolio OR change (s) is needed? Look forward to your reply. Regards, Harleen
9 Answers
Sreekanth Staff answered 4 years ago
Dear Harleen, ICICI Bluechip fund, ICICI equity and debt fund, HDFC Hybrid Equity Fund  are fine. Value oriented funds can be riskier than a generic Multi-cap fund. As of now, you may continue with L&T fund. As you have a large cap fund, investing in a large+Mid-cap fund like Mirae emerging.. may not be required. It is a decent fund though. The overlap between Mirea emerging vs ICICI Bluechip fund is almost 40%.
Harleen answered 4 years ago
Hi Srikanth, Thanks for the suggestion. I invested in Mirae invested emerging fund because I wanted to invest in a fund through SIP which will continue until end of 2020. Please may I as is there any mutual fund that you think I could add to my portfolio and invest through SIP (if its required)?¬†   Regards, Harleen
Sreekanth Staff answered 4 years ago
Dear Harleen, You may add one diversified (multi-cap) fund (or) a mid-cap based fund (if you would like to take more risk). Kindly read : Top 15 Best Mutual Funds to invest in 2020 & beyond | Top Performing Equity Funds
Sreekanth Staff answered 4 years ago
Dear Harleen, A consistent performer and a well diversified equity fund can be little riskier than a pure mid-cap fund.
Sreekanth Staff answered 4 years ago
Dear Harleen, Did you compare the returns and risk profiles of HDFC mid-cap, Franklin Prima and Axis Mid-cap? SIP would be a better choice!
Sreekanth Staff answered 4 years ago
Hi, If one is already invested in HDFC Midcap / Franklin Prime then can continue with his/her investments. If starting fresh then can consider Axis Mid-cap for now. Do compare the risk parameters as well, when shortlisting the funds. Kindly read : How to select the right and best Mutual Fund Scheme based on the Measures of Volatility?  
Harleen answered 4 years ago
Hi, Which are the good diversified mutual funds to invest in with better returns in the next 8-10 years? Regards. Harleen
Sreekanth Staff answered 4 years ago
Dear Harleen, You may kindly go through my latest article - Top 15 Best Mutual Funds to invest in 2020 & beyond | Top Performing Equity Funds
Sreekanth Staff answered 4 years ago
Hi, Yes, they are one and the same. I believe that there are better alternatives to ICICI Multicap fund..
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