Hi Sree,
ABSL focused equity - Direct(G) - I have an SIP of 2000 Rs per month from last 3 years. Is this fund good to continue in longer run. say 12 Years.
My other funds are Axis LTE, Mirae Large cap, Principal bluechip, LnT midcap.
Mukul
3 Answers
Dear Mukul,
ABSL Focused equity is a large-cap oriented fund with a focus on limited number of stocks (30) in its portfolio.
As you have two other large-cap oriented schemes in your portfolio, you may switch to a typical diversified Equity fund like Birla Equity Fund instead of a focused fund.
Also, you may retain one of the large-cap funds say Mirae and move from Principal fund to any aggressive hybrid fund (ex : HDFC Hybrid equity fund or ICICI Debt Equity Fund).
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Hi Sree,
can your provide more information on ABSL focused equity. Its performance, kind of fund...
I am planning to move out of this fund.
Mukul
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