Hi Sreekanth,
I have invested in the below MFs looking at long-term.
1. Aditya Birla Sun Life Dividend Yield Fund (D)
2. Aditya Birla Sun Life Equity Fund - Direct Plan (G) - SIP
3. Aditya Birla Sun Life Focused Equity Fund - Direct Plan (G) (6)
4. Aditya Birla Sun Life Small Cap Fund - Direct Plan (D) -SIP
5. Franklin India Focused Equity Fund (G)
6. HDFC Mid-Cap Opportunities Fund (G)
7. ICICI Prudential Multi-Asset Fund (G)
8.SBI Blue Chip Fund - Direct Plan (G)
Please advise if the above is worth it??
2 Answers
Hi,
If your investment horizon is long-term, you may skip Dividend plans. Stick to Growth plans only.
You may trim your portfolio a bit.
For example: You have two large cap oriented schemes : Birla Focused Equity & SBI Bluechip fund. The portfolios of these two funds overlap by around 50%, so there is no point in holding on to both, you may retain either of the two and make future investments in other schemes.
Kindly read :
Dear Sreekanth!
Thanks very much, will do. Can you please suggest any schemes for long term
Hi,
If I have to shortlist the schemes from your list, below can be considered ;
Aditya Birla Sun Life Equity Fund – Direct Plan (G) – SIP
Franklin India Focused Equity Fund (G)
HDFC Mid-Cap Opportunities Fund (G)
ICICI Prudential Multi-Asset Fund (G)
SBI Blue Chip Fund – Direct Plan (G)
Franklin India Focused Equity Fund (G)
HDFC Mid-Cap Opportunities Fund (G)
ICICI Prudential Multi-Asset Fund (G)
SBI Blue Chip Fund – Direct Plan (G)
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