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Go Long By Starting Early

With age on your side, use an aggressive portfolio to create wealth over the long-term…

I am 26 years and earn Rs 25,000 a month and am investing Rs 9,000 per month through SIPs in Fidelity Tax Advantage, HDFC Top 200, HDFC Equity, Reliance Regular Savings Equity, ICICI Prudential Discovery and Gold Benchmark ETF. Are these good funds for 5-6 year investment time frame?
- Vijay Singh



Schemes  Category  Rating  3-yrs ret (%)  5-yrs ret (%)
Fidelity Tax Adv Tax Planning ***** 10.99 14.10
Gold Benchmark ETF Gold Funds Not Rated 20.46 NA
HDFC Equity Multi Cap ***** 16.29 16.65
HDFC Top 200 Large & Mid Cap ***** 13.30 16.31
ICICI Prudential Discovery Mid & Small Cap **** 19.15 12.29
Reliance Regular Savings Equity Multi Cap **** 8.29 17.77
Returns as on May 16, 2011 Ratings as on April 30, 2011

You have made a good selection of funds and your portfolio is well-diversified. Age is on your side and an aggressive portfolio made of two multi-cap funds and a mid- and small-cap fund will help you go a long way towards wealth creation over the next 5-6 years for which you are planning your investments. All you need is to make sure that you continue investing regularly and increase your allocation to the large-cap fund whenever you get additional money to invest. Also, make it a habit to review the performance of your funds at least once a year and take any step necessary to modify funds.



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