Ask Value Research

Diversification Works only when Planned

Select a portfolio of funds that collectively work towards your financial goals

I have started investing Rs 1,000 in Reliance growth, Sundaram Select Midcap, Sundaram Select Focus, Birla Sun Life frontline Equity and HDFC Prudence since October 2009. I want to invest for 19-years and am thinking of one more large-cap fund could you please suggest?
-Manish Patel

The selection of funds that you have has a mid-cap bias. This may be because of the aggressive stand that you have and works well in the early phase of a 20-year investment plan that you have. Your unrealized gain on an investment of Rs 65,000 in the past one year is Rs 14,300 which is good. Consider moving from Sundaram Select to some other large cap fund such as DSPBR Top 100. You need not look for another fund to start an SIP at this moment, you will be better of increasing your contribution to some of the existing funds in your portfolio.

  Value Research Rating  Classification  3-year return (%)
Reliance growth **** Equity: Mid & Small Cap 10.09
Sundaram Select Midcap **** Equity: Mid & Small Cap 11.55
Sundaram Select Focus **

 Equity: LargeCap 1.15
Birla Sun Life Frontline equity ***** Equity: Large & Mid Cap 10.05
HDFC Prudence ***** Hybrid: Equity-oriented 15.29
Returns on 12, November 2010


This article was originally published on November 15, 2010.

Ask Value Research aks value research information

No question is too small. Share your queries on personal finance, mutual funds, or stocks and let us simplify things for you.


Other Categories

Informed fund ideas, better judgment. Every month. Mutual Fund Insight, every month since October 2002.

Take charge. Know more. Keep more. Mutual Fund Insight helps you do all three — every month