Currently, I am investing INR 5000 SIP each in below 5 funds. I have a long-term view (15-20 years).
DSP Blackrock and Mid Cap Fund
HDFC Top 200 Fund
IDFC Premier Equity Fund
SBI Emerging Businesses Fund
ICICI Prudential Focused Bluechip Equity Fund
Can you please comment on my investments whether they are appropriately diversified? Also, suggest any changes for fund or amount being invested, as all of these funds are due for renewal for next year.
Thanks in advance.
Remove DSP and SBI. Continue HDFC, IDFC (DSP and SBI must be moved out and invest in this) and ICICI. But where is your debt portfolio? You must not invest all 100% into equity. Instead, it must be around 70:30 in equity:debt. If your period 15-20 years, then I suggest PPF for debt category.