I am a private MNC employee. I have a financial portfolio as per my future goals. My investment horizon for long run like 20 to 25 years. My present age is 29 years (Unmarried). I have a medical insurance cover of Rs.5,00,000/-. I have no dependent.
PPF Rs.5,000/- P.M. from April’2019
Insurance investment (TATA AIA)-Rs.30,000/- P.A. from 2010. (Plan for 15 years)
Equity Portfolio(SIP Mode):-
ABSL Front line Equity Fund (Direct Growth) of Rs.1000/- from July’2017 ( Upto July’2019, total investment Rs.24,000/- , present value Rs. 24,155/-)
HDFC Mid cap Opportunities Fund (Direct Growth) of Rs.1500/- from Oct’2016 ( Upto July’2019, total investment Rs.51,000/- , Present value Rs. 49,080/-)
Kotak Standered Multi Cap Fund (Direct Growth) of Rs.1500/- from June’2018 ( Upto July’2019, total investment Rs.19,500/- , Present value Rs. 19,791/-)
Axis Blue chip Fund (Direct Growth) of Rs.1000/- from May’2019 ( Upto July’2019, total investment Rs.3,000/- , Present value Rs. 2,949/-)
At present my maximum SIP investments show negative return. I am a passive and risky investor for a long run so I am not bother for negative return for shorter period. But I have some opinion like to stop investment in ABSL Front line equity fund and HDFC Mid Cap Fund and increase the investment in Axis Blue chip Fund by Rs.1500/- P.M. in Direct growth mode and start a new investment in Axis Mid Cap by Rs.1500/- P.M in Direct growth mode.
Please comment your opinion about my portfolio and my opinion.
May I know the insurance plan that you have (TATA AIA – Plan name)??
What made you to have this opinion/view –
“I have some opinion like to stop investment in ABSL Front line equity fund and HDFC Mid Cap Fund and increase the investment in Axis Blue chip Fund by Rs.1500/- P.M. in Direct growth mode and start a new investment in Axis Mid Cap by Rs.1500/- P.M in Direct growth mode.”
Sir, The insurance plan name is Mahalife Gold. I have made some mutual fund related opinion on the basis of HDFC Mid Cap Opportunities fund’s AUM and it’s previous 3 years CAGR in comparison to Axis Mid Cap fund and the previous 3 years CAGR return pattern of ABSL Front line Equity fund in comparison to Axis Blue chip. If you have any other views regarding my investment along with my present portfolio, please share for betterment of my future goals. Please provide the rationals of your opinion for my understanding.
Kindly do not go just by the superior performance of the funds in the very recent past. Do track the returns over very long periods and also the Schemes Risk ratios.
I believe that HDFC Mid-cap or Franklin Prima funds are still good bets under Mid-cap space.
Even Birla Frontline as well. Do note that there wont be really much difference among the large-cap funds after the SEBI’s re-categorization of funds.
Actually, there is no need to have two Large-cap funds, you may continue with either of them.
Kindly read :
- Mutual Fund Portfolio Overlap Comparison Tools
- What are Mutual Fund Upside / Downside Capture Ratios? | How to use them in MF Performance Analysis?
- How to select the right and best Mutual Fund Scheme based on the Measures of Volatility?