Ideal portfolio for a moderate mutual fund investor
Aditya Birla Sun Life Frontline Equity Fund -Growth-Direct Plan: Rs 11,000
Axis Long Term Equity Fund – Growth: Rs 5,000
ICICI Prudential Long Term Equity Fund (Tax Saving) – Growth: Rs 5,000
SBI Blue Chip Fund - Direct Plan – Growth: Rs 10,000
HDFC Small Cap Fund - Direct - Growth Plan: Rs 9,000
Could you review my portfolio and suggest any corrections or further diversification? I have certain goals associated with each fund. I want to invest another Rs 10,000.
You are currently investing in two large cap schemes, two tax-saving schemes or ELSS, and a small cap scheme. Investors with moderate risk profile are typically asked to invest mostly in multi cap schemes. They are also asked to invest in large cap schemes if they want to diversify and reduce the overall risk in the portfolio. You are investing mostly in large cap schemes (Rs 21,000) and even your two tax-saving mutual funds have a giant and large cap bias. If you are okay with this, you may continue with your investments.
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