My fund portfolio has SBI Magnum Emerging Businesses, Reliance Equity Opportunities, HDFC Equity, DSP BlackRock Top 100 Equity and Reliance Gold Saving. How are these funds? Can you suggest a more aggressive large-cap fund?
-Vishal
You've chosen a set of good funds, but remember, equity funds are only for long-term investments of at least five years, preferably more. Equity funds are volatile and investing for shorter periods is not a good idea. This is doubly true for aggressive funds. Generally speaking, large-caps have only a limited scope for being aggressive because the main characteristic of an aggressive fund is that it invests in smaller, riskier companies. Some large-cap funds--ICICI Prudential Focused Bluechip equity, for example--may be aggressive because they take concentrated positions but this is not the mainstream style of large-cap equity investing.
Therefore, if you are a long-term investor and are looking for more aggressive funds, you'll have to look at our Large & Mid and Mid-cap categories. One caveat, the gold fund in your portfolio is an odd one out. We believe that gold is not a suitable investment for sustained growth in the future. The other funds in your portfolio are reasonably aggressive and well-performing funds. Another possible exception is DSP BlackRock Top 100, which is not particularly aggressive.