Dear Sir,
I have SIPs in following mutual funds since last last 3 years.
Birla banking & financial services, Birla MNC Growth,,Birla Manufacturing Growth
Looking into present scenario & also I am planing to Re structure my portfolio,,Pl. suggest me whether I should continue these SIPs or not
5 Answers
Hi,
May I know if there is any specific reason or strategy for investing only in Birla AMC schemes? Are you happy with the performance of these schemes?
What is your investment objective and time-frame??
Hi,My poiwise reply as under
- When I had invested in these funds through broker ( M/s Prudent/Fundbazar) who is associated to Birla mutual fund. At that time I was not much aware of mutual funds.Hence more investment was done in Birla AMC
- There is no specific objective but time horizon was considered for more that 5 years
- Birla Banking was doing well before 6 months, now is not doing well but Birla MNC & manufacturing are not doing that well.
- I am reviewing these funds today because I have many funds in my portfolio which needs to be cut down.
- After gaining some knowledge of mutual funds ,I understand that sector funds are not much preferred funds
Hi,
If possible, you may kindly share the list of your existing MF scheme names.
Advisable to maintain minimalist portfolio.
If your time-frame is around 5 years, you may kindly avoid investing in Sector oriented funds. Can allocate higher amount to Large cap and/or Equity oriented balanced funds.
My Existing SIPs are HDFC balanced fund ,,HDFC top200, Birla frontline Equity,Sundaram Select Midcap,& Birla top100
Hi,
Suggest you to come out the sector based funds and invest in the above mentioned schemes itself.
However, you have three large cap oriented funds HDFC Top 200, Birla 100 & Birla Frontline funds. Kindly check their portfolios overlap.
Read :
https://www.relakhs.com/mutual-fund-portfolio-overlap-comparison-tools/
https://www.relakhs.com/best-mutual-fund-scheme-risk-ratios/
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