I invest Rs 12,000 a month via SIPs in HDFC Top 200, HDFC Equity, HDFC Midcap Opportunities, SBI Magnum Emerging Businesses, ICICI Prudential Focused Bluechip Equity, Reliance Gold Savings and SBI Magnum FMCG. I want to know if I will be able to accumulate Rs 50 lakh in the next 10 years with this portfolio.
-Sumit Bhalla
You have a fairly well-structured portfolio of diverse funds that can help you achieve your goal. However, you can do without the gold fund and the FMCG fund. When you invest for the long haul, your portfolio should ideally have funds that have greater flexibility to invest across market caps and segments.
Hence, you should get out of Reliance Gold Savings and SBI FMCG. And remember to review your investments at least annually.
This article was originally published on October 23, 2012.
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.
