I have good amount invested to HDFC TOP 200, HDFC Equity and HDFC Prudence over last 10 years. Would like to change this investment to following funds and remain invested for next 7 to 8 years. 1) change HDFC Top 200 to Birla Top 100, 2) HDFC Equity to Birla Equity Fund & Motilal Oswal Long Term Equity Fund, 3) HDFC Prudence to ICICI Balanced Fund and HDFC Balanced. Advise whether this is right move keeping in mind next 7 year investment. I am high risk investor and this is surplus amount?
You have really done a good job in selecting new funds for replacing the old ones. The funds selected by you are among the top performing in their respective categories. You should go ahead with your action plan and seems that this move will reward you handsomely in future.
Wishing you best with your investments and thanks for writing to Advisorkhoj.
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