I am investing Rs 5,000 each month in ICICI Prudential Dynamic and HDFC Equity. Is this investment right for the next five years? I want to add one more fund to my portfolio, is HDFC Prudence right to add?
-Daniel
Investments in mutual funds are dynamic, which means their performance depends on economic, market and other factors. A fund may not always remain the best performer, which is why we insist on periodic review of mutual fund investments to make any necessary changes to the funds if they start to lose on performance. Both the funds that you are investing in currently are good and you can continue to invest in them as long as you review them and assess their performance. As for adding HDFC Prudence, a balanced fund to your portfolio; you can consider adding it for a less aggressive portfolio.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
This article was originally published on August 30, 2011.
Ask Value Research 
New episodes every Friday 
New Process Alert 
Seems like you've uploaded a wrong QR code. Please upload the QR code downloaded from MF Central platform.
