Sir,
please give me a review about my investment portfolio.
Age-28 Years
Lump sum investment:-
Rs.30000 in HDFC Equity Fund (Direct, Growth) from Jan,2017 for 10 years Horizon.
Rs.28000 in DSPBR Tax saver Fund (Direct, Growth) from March,2017 for 5 years Horizon.
SIP Investment:-
Rs.1000 in ABSL Front line Equity Fund (Direct, Growth) from July,2017 for 20-25 years Horizon.
Rs.1500 in HDFC Mid Cap Opportunity Fund (Direct, Growth) from October,2016 for 25-30 years Horizon.
Rs.1500 in Kotak standered Multicap Fund (Direct, Growth) from July,2018 for 20-25 years Horizon.
Debt Investment:-
Rs.1800 in EPF per month, Rs.1000 in PPF per month
Health insurance:-
Rs.300000/- sum assured
Term Insurance :- I will take it after marriage in 2020.
I want to invest more Rs. 1000 in a new fund and I will increase 10% of my total SIP amount at present for each coming years.Please help me to choose a new fund for my investment for a long term horizon and I am little confused with ABSL Front Line Equity Fund due to his present performance compare to the Axis Focused 25, please help me to choose the right direction and my last question is Kotak Standard Multicap Fund a good selection in a multicap catagory ?
1 Answers
Hi,
The performance of HDFC Equity fund has not been that great/consistent for the last 3 to 4 years. So, you may re-look at it.
Also, suggest you to do a portfolio overlap comparison among HDFC Equity, Kotak Multicap & DSP tax saver.
The overlap between HDFC Equity & Kotak Std Multicap is around 40%. So, you may discontinue investments in HDFC equity fund.
The rest of the funds are fine.
You may consider buying a stand-alone Personal Accident insurance cover.
Kindly read :
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