I had started investing in Mutual Funds some 2-3 years back and of course without any goal at that time, i have been following your portfolio ideas for the last 2 years and last time you had helped me with my selection of ELSS funds. Thank you for helping so far.
I am currently invested 6 mutual funds with a goal of wealth creation, which is narrowed down by stopping my investment in some funds like SBI Pharma, UTI MNC Fund and MOSL most focussed 25 Fund.
Large Cap – Birla Frontline equity and SBI Bluechip Fund
Diversified – ICICI Prudential Discovery Fund and Franklin India high growth Companies
Mid/Small – DSPBR Micro Cap and Franklin India smaller companies fund
The concern is about my large cap funds, when i compare the returns of MOSL most focussed 25 fund(Currently closed), Birla frontline equity and SBI Blue chip, the highest returns come from MOSL fund, same day of purchasing and the same amount as well but if i go analyse the funds through Value research or Money control, it seems that Birla frontline equity fund is the best.
My understanding is that small variations have to be there based on the day of the SIP taken into consideration but mine are little higher.
Please can you help me understand what could be causing this and if i need to make any changes to my Large cap portfolio?