Which are top performing SIP mutual funds from my selection

I have an SIP in 1000 each except ICICI Prudential 2000 and Reliance Regular Savings Fund 1500, HDFC Equity Fund, ICICI Pru Top 200, Reliance Regular Savings Fund Equity, SBI Blue Chip, HDFC Capital Builder, DSPBR Opportunity, Reliance Vision, ICICI Pru Value Discovery, HDFC Top 200, DSPBR Top 100, Birla Sun Life Frontline Equity, Franklin India Prima Plus. I want to know how are my fund selection and have long horizon of 14 years. I'm expecting the annual return of 13-15 percent is it achievable what the total amount I can expect by thus investment?

Sep 3, 2017 by Harish, Mumbai | Mutual Fund

You are investing in a large number of funds. Investing in a large number of funds will not improve your risk diversification, but may compromise your returns. You should try to rationalize the number of funds you have in your portfolio. You have some top performing funds in your portfolio, but some of the funds in your portfolio are average performers / below average performers e.g. ICICI Prudential Multicap (formerly known as ICICI Prudential Top 200), Reliance RSF Equity, HDFC Capital Builder, Reliance vision fund, HDFC top 200 and DSP BlackRock Top 100. You should try to rationalize some of the average performers and especially below average performers, and increase your investments in the top performing funds.

You can now select top 10 best performing funds of any category from here

Hope you find the above suggestions helpful.

View All Queries

You haven't found the answer for your queries? Do post your queries to us.
POST A QUERY