Fund Name
Plan
Category
Options
RISKOMETER
SIP Start Date
SIP End Date
SIP Amount
%
L&T Tax Advantage Fund
Regular
ELSS
Gr
High
Oct-22-2010
On Going
1500
18.75
Canara Robeco Equity Tax Saver
Regular
ELSS
Gr
Mod High
Oct-22-2010
On Going
1000
12.5
HDFC Mid-Cap Opportunities Fund
Regular
Small & Mid Cap
Gr
Mod High
On Going
1500
18.75
UTI Opportunities Fund
Regular
Large Cap
Gr
Mod Low
Oct-25-2012
On Going
1000
12.5
Mirae Asset Emerging Bluechip Fund
Regular
Small & Mid Cap
Gr
Mod High
May-15-2017
On Going
1500
18.75
HDFC Balanced Fund – Direct Plan
Direct
Balanced
Gr
Mod High
July-15-2017
On Going
1500
18.75
Total
8000
100
Hello Sir,
I am having the above portfolio and also a fixed deposit on bank 5 for Lakhs. I have picked these funds based on my own analysis. Now I am more learning and planning to move from fixed deposit to debt funds(with SIP).
I am at age of 30 now and planning keeps this SIP going for another 20 years(age 50). Could you please review this portfolio and suggest if I can keep the current SIP funds or need to add or switch any fund. Also please suggest me the Debt Funds that can choose. Thanks in advance for your advice.
If your time horizon is around 20 years, then you have to first do the asset allocation like 30:70 in debt and equity. For debt, I suggest you either PPF or Debt Funds like (Short Term Gilt Fund or Ultra Short Term Debt Fund). Regarding equities, I found that you are using two mid cap funds. This is not required. One large cap, one mid cap and one small cap fund is enough. You can continue the same funds but with the way I explained above. Regarding HDFC Balanced Fund, if you want to continue then consider the debt portion of this fund while allocating the overall portfolio of 30:70.
Sorry, my table did not get post properly.
Ongoing SIP Funds I have:
L&T Tax Advantage Fund- SIP from Oct-22-2010- Amount 1500
Canara Robeco Equity Tax Saver SIP from Oct-22-2010- Amount 1000
HDFC Mid-Cap Opportunities Fund- SIP from Jan-25-2015- Amount 1500
UTI Opportunities Fund SIP from Oct-25-2012- Amount 1000
Mirae Asset Emerging Bluechip Fund- SIP from May-15-2017- Amount 1500
HDFC Balanced Fund – Direct Plan- SIP from July-15-2017- Amount 1500