Dear sir,
I am investing in below funds for past 1 year now. My investment horizon is long term (>10 years). Kindly suggest if the portfolio needs rebalancing as the returns for some funds are not up to the mark and I want to limit the funds to 3-4. Please suggest some new funds if rebalancing is needed.
Fund
Amount
Equity
Aditya Birla SL Frontline Equity Fund(G)
2000
DSPBR Midcap Fund-Reg(G)
1000
Franklin India Smaller Cos Fund(G)
2000
L&T India Value Fund-Reg(G)
2000
Reliance Small Cap Fund(G)
2000
SBI BlueChip Fund-Reg(G)
2000
Hybrid
ICICI Pru Equity & Debt Fund(G)
2000
L&T Hybrid Equity Fund-Reg(G)
2000
Thanks,
Nikhil
1 Answers
Dear Nikhil,
One year is a very short duration to decide on non-performance of a fund.
Most of the above funds are good ones. However, you can try to limit the number of schemes by checking a portfolio overlap.
For example : You have two Large-cap oriented funds namely - SBI bluehcip & Birla Frontline, their portfolios overlap by around 50%, so you may be better off investing in either of the two funds than investing in both the funds.
Kindly read :
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