Hi Basu Could you please review my MF portfolio? UTI MNC fund (Diversified) => 8000 PM ICICI Pru focussed bluechip (Largecap) => 4500 PM UTI Equity (Largecap) => 3000PM HDFC Balanced fund => 3000PM Franklin Smaller companies fund => 2500 PM HDFC High interest fund => 5000PM Which one should i prefer between ICICI bluecip & UTI Equity fund as i am thinking of having only 1 Largecap fund? Also do you think i should merge HDFC mid-cap and franklin small companies fund? All the above SIPs are for 15 yrs(except franklin which is only for 5 yrs) which are currently 1 year old. My reason for investment is for building a corpus for early retirement. Please help me in reviewing my portfolio Thanks Raghu
Instead of creating confusion on your own. First try to diversify the investable amount. Your time period is 15 years. Hence, I suggest around 30% in debt and rest 70% in equity. For debt, you can use PPF, short term debt fund like HDFC PSU Banking Fund or Franklin India low duraiton fund. Try to avoid theme funds like UTI MNC. UTI Equity is currently under In equity, one large cap fund like ICICI Or Franklin Bluechip fund. One small and mid cap fund like HDFC Midcap Cap Opp or Franklin India Prima Fund. This much is enough.