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
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%.
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
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
Dear Harleen, A consistent performer and a well diversified equity fund can be little riskier than a pure mid-cap fund.
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!
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?
Hi, Which are the good diversified mutual funds to invest in with better returns in the next 8-10 years? Regards. Harleen
Dear Harleen, You may kindly go through my latest article - Top 15 Best Mutual Funds to invest in 2020 & beyond | Top Performing Equity Funds
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