Hi Sreekanth,
Very Good Morning.
Hope you and your family are doing good. Need to your advise on on my existing investments. I started my investments as SIP from Feb 2016. and whenever market was down say approximately 200 points, will invest some lump sum amount to some of the funds which I started as SIP.
I have the following in my asset allocation.
Giant
37.98
Large Cap
11.81
Mid Cap
31.74
Small Cap
17.58
Tiny
0.04
Not Classified
0.85
Now my question is about investing in Mid and Small cap funds, I read in news paper that investing in Mid and Small Cap funds won't give good returns and then they are saying have only 20% of your investments in your portfolio.
My Investments in Small and Mid cap funds.
DSP BR Micro Cap - invested nearly 1,00,000 as lump sum
FISCF - started as SIP monthly Rs.2,000 from Feb 2016
Mirae Asseset Emerging Blue Chip - started as SIP monthly Rs.2,000 from Feb 2017
Sundaram Select Mid Cap - invested nearly 50,000 as lump sum
Please advise on this.
Thanks & Regards,
Raja Rajagopal
8 Answers
Dear Raja Rajagopal,
On what basis did they arrive at that conclusion?
Kindly note that there are no fixed rules in Personal Finance. Each person/family has unique investment requirements and objectives. So, kindly do not go by these generic statements. Invest as per your financial goals and expected corpus amounts.
Except Sundaram fund, I believe the other three are decent ones.
Suggested readings:
https://www.relakhs.com/best-mutual-fund-scheme-risk-ratios/
https://www.relakhs.com/mutual-fund-portfolio-overlap-comparison-tools/
Hi,
You mean to say that you would like to redeem the existing funds in next 2 years?
no not like that. I may need some amount at that time. because my sister daughter is going for 11th standard now. For that only.
Hi Sree,
So, Next financial year is going to start from tomorrow. As you know we have to save (Tax Exempt (EEE)) some money. I think I will fall under 30% slap. I am planning to invest on the following ELSS funds for this financial year 2017 - 2018 (AY 2018 - 2019).
Planning to invest approx. Rs. 1,06,272 (remaining amount will deduct for PF).
- DSP BR Tax Saver
- Axis Long Term
- Franklin Taxshield
Dear Raja,
Do you have any existing ELSS scheme in your MF portfolio?
Suggested reading:
https://www.relakhs.com/best-elss-funds-2017-2018/
Yes. Sree. In my portfolio, last year I invested in the following ELSS.
- Axis Long term (As a SIP) - on going
- Franklin India TaxShield (one time investment)
- Birla Sun Life Tax Plan - Direct Plan and Regular Plan (one time investment)
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