Building Wealthy Portfolios

A portfolio of high-rated performers will give you stability & growth to create long-term wealth…


I am 34 and working with the government of India earning Rs 35,000 a month. My monthly expenses are Rs 12,000 and I wish to invest Rs 15,000 every month to create long-term wealth through mutual funds. Please suggest funds to invest and if this is the right approach.
- Raj

If this is your first mutual fund investment, you are a late starter. However, systematic investment plans offered by mutual funds are the best way to start investing to achieve long-term wealth creation. You still have 26 years to go for retirement and this is a good time period to catch up. We are suggesting you a portfolio of five funds with 70 per cent equity allocation. All these funds are highly rated and have a proven track record and performance and collectively offer you stability and growth. You should have equal allocation across all the funds and make it a habit to track the performance of these funds at least once a year to evaluate the progress and make any changes to the selected funds if any of them starts to underperform. Moreover, as and when you can invest more; you should do so in these funds to make the most of power of compounding and systematic investments in mutual funds.

Schemes  Category  Rating  3-yrs ret (%)  5-yrs ret (%)
BNP Paribas Bond Regular Debt: Income ***** NA NA
Fidelity Equity Large & Mid Cap **** 14.23 18.93
HDFC Top 200 Large & Mid Cap ***** 16.63 21.04
ICICI Prudential Dynamic Large & Mid Cap **** 14.14 19.16
Reliance Equity Opportunities Multi Cap **** 18.57 18.76
Returns as on June 07, 2011 Ratings as on May 31, 2011


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