I am 21 years old and earn Rs 32,000 per month after tax. I want to invest Rs 10,000 each month in equity funds for retirement savings. I started investing Rs 3,000 each in ICICI Pru Dynamic Fund and IDFC Premier Equity, Rs 2,000 in SBI Emerging Businesses, Rs 1,500 in UTI Opportunities and Rs 500 in IDFC Dynamic Bond Fund. Should I make any changes to my current portfolio?
-S Vivek
All the funds that you are investing in are good long-term outperformers with four or five-star ratings.
Currently 84 per cent of your investments go in equity and 14 per cent in debt. As you have invested 50 per cent of your money into mid & small cap funds and 45 per cent in two large & mid cap funds, 57 per cent of your money is exposed to mid & small cap stocks.
You have diversified across fund houses and your portfolio looks fairly spread with 153 stocks and the top 15 holdings accounting for 35 per cent of your portfolio. Nearly 49 per cent of your assets are allocated to top three sectors.
Continue investing in these funds for your long-term goals.
This article was originally published on September 12, 2013.
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.
