personal finance

Should I rejig my mutual fund portfolio?


ET Online|

Sep 19, 2018, 02.39 PM IST

investment portfolio
I am investing in mutual funds via monthly SIPs. My current portfolio is as below:
Kotak Standard Multicap Fund : Rs 6,000
HDFC Dynamic Debt Fund: Rs 2,000
SBI Bluechip Fund: Rs 3,000
DSP Tax Saver Fund: Rs 1,500

Should I continue with these funds or rejig my portfolio? My primary aim is to build long-term wealth. Please suggest the necessary changes, if any. My investment horizon is five to seven years, and I have an aggressive risk profile.
–Sandiip Guptaa

Aggressive investors typically opt for midcap and smallcap schemes. However, you have opted for a multicap, largcap, tax saver and dynamic debt scheme. It is not clear why you have chosen dynamic bond fund when your primary aim is to create wealth over a long period. Equity mutual fund schemes are ideal to achieve long-term financial goals. Your portfolio is more in line with a moderate risk profile. You may continue with your portfolio if you are not looking for eye-popping returns.

(If you have any mutual fund queries, message us on ET Mutual Funds on Facebook. We will get it answered by our panel of experts.)

Also Read

Should I rejig my mutual fund portfolio?

A diversified mutual fund portfolio for children’s education

Saurabh Mukherjea on how to liquidity-proof your portfolio

How to diversify your investment portfolio

Should I continue with my mutual fund portfolio?

Commenting feature is disabled in your country/region.

From Around The Web

More from The Economic Times





READ SOURCE

Leave a Reply

This website uses cookies. By continuing to use this site, you accept our use of cookies.