I am investing in Mutual funds via Funds India with 5,000/- per month .
Now I am interested in doing lump sum amount in Mutual funds.
My query is is it wise to invest TOP 3 funds in one category and diverse the amount ( say large cap ) (or) choose one fund in that sector.
I will be following same for rule for mid ,small , multi , hybrid and bebt funds.
Birla Sun Life Frontline Equity Fund – Growth – Rs 10,000
Franklin India Bluechip Fund – Growth – Rs 10,000
SBI Blue Chip Fund – Regular Plan – Growth – Rs 10,000
(or) Investing in one good fund say
Birla Sun Life Frontline Equity Fund – Growth – Rs 30,000
Kindly clarify my query.
Thank you very much for response.
I am 31 years old and currently I am investing 5,000 per month in SIP. Below is my portfolio , kindly advise if any modification needed.
SBI BlueChip Fund-Reg(G) – 1K
Mirae Asset Emerging BlueChip-Reg(G) – 1K
ICICI Pru Value Discovery Fund(G) -1K
DSPBR Micro-Cap Fund-Reg(G) -1K
Axis LT Equity Fund(G) – 1K
Also , I am investing 2K per month in PPF.
Honestly telling , All these days I was behind equity MF ( Large , Mid , Small and Multi ) for better returns.
I was doing research on these funds and investing in funds with good returns ( http://www.valueresearchonline.com )
When you asked abt debt fund , I am kind of bit lost .
Can you please suggest good portfolio.
10 years .
I am trying to accumulate good sum in next 10 years. I would look for good returns .
Then first restrict your equity and debt exposure in ratio of 60:40. You don’t need more than 2 equity funds and a single debt fund. Dump rest of them.
Thank you very much . Is it OK , if I categorise SIP as below ?
SBI BlueChip Fund-Reg(G) – 1,500
Mirae Asset Emerging BlueChip-Reg(G) – 1,500
ICICI banking and PSU – 2,000