I have been investing since 2008 through SIP's in BSL Frontline Equity, HDFC Top 200, Mirae Asset Opportunities, Reliance Equity Opportunities, UTI Opportunities, ICICI Prudential Dynamic and Sundaram SMILE. Kindly advice if I can continue investing in these funds or make changes to my portfolio?
— Kaustubh Hunswadkar
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Your portfolio is not well diversified though you have seven funds from different fund houses. Five of these funds are from the same category. You do not have a core holding which is a pure large-cap fund.
Ideally, you should look at investing 70 per cent of your portfolio in core funds, which should be a mix of large- and large- and mid-cap funds. The satellite component of the portfolio can be made of mid- and small-cap funds, multi cap funds, sector and thematic funds.
Do not continue your investments in Sundaram S.M.I.L.E, which has been losing on performance in recent times. Limit your portfolio to five funds and continue investing in them regularly.
This article was originally published on September 14, 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.
