I have invested in the following - BSL Balance 95, BSL Front Line Equity, ICICI Prudential Discovery, ICICI Prudential Balance, HDFC Equity Growth. HDFC Top 200, HDFC Balance, TATA Balance, SBI Magnum Balance, Franklin India Prima Plus, Kotak Select Focus. I plan to invests again 30 lakhs. Please advise the following name of Fund in aggressive Equity and aggressive Balance funds?
The scheme selection in your mutual fund portfolio is good. You have invested in large cap, multi-cap and balanced funds.
Now that you want to invest another 30 Lakhs in aggressive equity funds and balanced funds, we would suggest the following –
1. Balanced Funds – You have invested in top performing balanced funds like - Tata Balanced Fund, ICICI Prudential Balanced, HDFC Balance, SBI Magnum Balance and Birla Sun Life Balanced 95 Fund. Therefore, instead of investing in some other balanced funds, our suggestion would be to add further investments in these existing funds in your portfolio.
2. Investing in aggressive equity funds – As we have mentioned earlier, you have invested in large cap and multi-cap equity funds only. Mid and Small cap funds are aggressive equity funds and you have not yet invested in them. For your aggressive investments, our suggestion would be to invest in mid and small cap funds. Recently, we have done one article https://www.advisorkhoj.com/articles... You may choose a couple of funds from the suggested names and invest.
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