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Invest More in Current Funds

When you have built a portfolio of well-performing fund, there is no need to add a new fund to it...

I am investing in Reliance Equity Opportunities, HDFC Taxsaver, HDFC Equity and Birla Sun Life Frontline Equity. My SIPs in L&T Tax Advantage have ended. I have another Rs 3,000 to Rs 4,000 to invest every month. Where should I invest that amount?
- Praveen

If tax saving is not your objective for this additional investable amount, you can spread it across the funds that you already hold. You have built a portfolio of good funds, which is why there is no need to add any more funds to it.



This article was originally published on March 06, 2013.

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