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FSM in Media: How To Get A Balanced Mutual Fund Portfolio?
July 29, 2016

This chat transcript was published in on Thursday, July 28, 2016.

Author : Dr. Renu Pothen

 How to have a balanced mutual fund portfolio?

Guest:Mutual Fund Amount 1 SBI Blue chip Fund - Direct - Growth 3000 2 SBI Blue chip Fund - Direct - Growth 2000 3 UTI Transport & Logistics Fund - Dir -G 3000 4 Axis Long Term Equity Fund - Direct - Growth 5000 5 Canara Robeco Emerging Equities - Direct - Growth 3000 6 SBI Pharma Fund - Dir - G 3000 7 Franklin India High growth companies Fund - Growth 3000 22000 Man, what is your advice on these MFs

Dr Renu Pothen:All the funds in the portfolio are the best performers in their respective categories. Hence you can continue with the existing investments.

Guest:Which are the top performing MF\`s in India fpr the next three years? would you suggest SIP or lump sum investment ?

Dr Renu Pothen:You should create a portfolio of funds on the basis of your risk profile, time horizon and goals.Accordinly you should include the top performing funds in the portfolio. I would suggest the SIP mode as it is a disciplined form of investing and investors don't have to time the markets.

Guest:Hi, I want to invest 10K per month in mutual funds including ELSS. Kindly tell me the best portfolio structure for me. My risk profile is - MODERATE. Thank you.

Dr Renu Pothen:ICICI Prudential Focused Bluechip Equity Fund (20%),IDFC Premier Equity Fund (20%),Axis Long Term Equity Fund (15%),Mirae Asset Emerging Bluechip Fund (25%)and Tata Balanced Fund (20%). I have given 15% allocation to ELSS,but you will have to check if this is enough to get you the tax benefit as per your income.

Guest:Hi Madam, Which is the best fund in terms of highest return.

Dr Renu Pothen: There are best performing funds in each category.However, for an investor, it is important to select a portfolio of funds on the basis of risk profile, time horizon and goals.

Guest:Can you suggest me some good ELSS mutual funds. I am confused on which i should invest and should i invest in multiple MF\`s or single. How long i should be invested in ELSS post completion of 3years.

Dr Renu Pothen: The best performing tax saving funds are Axis Long Term Equity Fund, ICICI Prudential Long Term Equity Fund (Tax Saving), Reliance Tax Saver (ELSS) Fund. You need to invest only in 1 ELSS.Although this category has a lock in period of 3 years, my suggestion is that if the fund is doing good then you can hold on to it for more years.

Guest: I am new Mutual fund. For long term goals I have invested in Equity funds. Axis ELSS long term and Mirae assets India oppurtunity Growth. Plus for short term liquidity I have invested in HDFC liquid funds.

Dr Renu Pothen: You can continue with your existing investments. As you have started investing into mutual funds, I would suggest that you create an appropriate portfolio based on your risk profile, time horizon and goals. In this way you can diversify into other categories of funds in both the equity and debt segments.

Guest:Posted by Mrs Rupa Kothari What is your opinion about HDFC BALANCED FUND SIP

Dr Renu Pothen: HDFC Balanced Fund is one of our recommended balanced funds. You can continue to hold onto this fund.

Guest: Hi , I want to start investing in MF , my age is 26 and can invest 2-4k monthly .Can you please help me

Dr Renu Pothen: Since you are a first time Investor, you can start investing into a large cap fund and a balanced fund. Here you can consider ICICI Prudential Focused Bluechip Equity Fund and Tata Balanced Fund.

Guest: Large Cap 20% (ICICI Blue Chip, BSL Frontline & Axis Long Term) Mid Cap 40% (HDFC Mid cap, MA EMERGING BLUECHIP & BNP MID CAP) Small Cap 5% (DSP BLACKROCK MICRO CAP) Multi Cap 25% (MA INDIA OPPORTUNITIES, IDFC PREMIER EQUITY & ICICI PRUDENTIAL VALUE) Balanced 1% Sector - Infra 3% (UTI TRANSPORTATION) Sector - Tech 3% (ICICI PRU TECHNOLOGY) Sector - Banking 3% (ICICI PRU BANKING) I have Above % in MF, with total Monthly Investment of 50K.. Madam, what is your advice on these MFs Portfolio?

Dr Renu Pothen: The funds in the portfolio are doing good. However my suggestion is that it would be better if you can have just 1 or 2 funds from each category.

Disclaimer:iFAST and/or its content and research team's licensed representatives may own or have positions in the mutual funds of any of the Asset Management Company mentioned or referred to in the article, and may from time to time add or dispose of, or be materially interested in any such. This article is not to be construed as an offer or solicitation for the subscription, purchase or sale of any mutual fund. No investment decision should be taken without first viewing a mutual fund's offer document/scheme additional information/scheme information document. Any advice herein is made on a general basis and does not take into account the specific investment objectives of the specific person or group of persons. Investors should seek for professional investment, tax, and legal advice before making an investment or any other decision. Past performance and any forecast is not necessarily indicative of the future or likely performance of the mutual fund. The value of mutual funds and the income from them may fall as well as rise. Opinions expressed herein are subject to change without notice


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