Mutual Fund Schemes portfolio review (Long Term Horizon)

Q & A ForumCategory: InvestmentsMutual Fund Schemes portfolio review (Long Term Horizon)
ketanshah123 asked 6 years ago
Hi Shrikanth , First of all thanks for sharing your valuable knowledge with us through relakhs. It really helped us to understand the basics and helped us to create portfolios which can meet our goals. Time to time I getting my portfolio reviewed here , today again the same . Also I have more than recommended MFs so wanted to know from following portfolio which MF I can remove. All these MFs having 3k SIP and started with long term view of at least 10 yrs. Rest I do have 1 CR term plan and 10 lakhs for health insurance. Can you please review the portfolio and suggest which MF I can remove and/or any new addition I can do . Franklin India Focused Equity Fund GROWTH ADITYA BIRLA SUN LIFE FRONTLINE EQUITY FUND - GROWTH SBI BLUE CHIP FUND - REGULAR PLAN - GROWTH Franklin India Equity Fund GROWTH ICICI PRUDENTIAL VALUE DISCOVERY FUND - GROWTH HDFC HYBRID EQUITY FUND - REGULAR PLAN - GROWTH Aditya Birla Sun Life Midcap Fund - G Reliance Large Cap Fund - Growth
1 Answers
Sreekanth Staff answered 6 years ago
Hi, Thank you for following my blog posts and for your appreciation!   You have three Large cap oriented funds in your portfolio ;
  • ADITYA BIRLA SUN LIFE FRONTLINE EQUITY FUND – GROWTH
  • SBI BLUE CHIP FUND – REGULAR PLAN – GROWTH
  • Reliance Large Cap Fund – Growth
The overlap among these Funds' portfolios can be very high and you may remain invested in Birla or SBI fund and can divert the investments from the other two funds to your other funds in the portfolio. You may pick either of Franklin Equity or Franklin Focused Equity. Can retain ICICI valuediscovery, HDFC hybrid and Birla Mid-cap funds. Related article :       
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