I have started SIP from the year 2014 and have invested in the below funds Please suggest me whether these funds can be continued if yes which of these best funds can i increase the sip amount. I there needs a portfolio restructuring what would be the best funds to replace. i will be investing for another 12 years of time.
The below investment are for only long term savings and for any particular usage.
All are 2000 Rs each monthly
Tata Hybrid Equity Fund – 2000
Tata Large & Mid Cap Fund -2000
ICICI Prudential Value Discovery Fund – 2000
L&T Midcap Fund – 4000
Axis Long Term Equity Fund – 2000
DSP Blackrock tax saver fund – 2000
Icici Prudential Blue chip -3000 (started 10 days back, replacing the Tata Large & Mid Cap Fund)
Please let me know whether the portfolio is good or needs a change.
Where is your debt portfolio? what allocation are you following between debt and equity?
I have not invested in any debt funds. Since I’m looking at long term gain I invested only in equity. I have some money in fixed deposit. Please let me know your thoughts.
I have not invested in any debt mutual fund, since I thought the diversifying equity fund is enough.