Can you let me have your suggestions on my fund selection

All the funds selected by you are not good but they may be popular or selected based on recent spurt in their respective performances.

1. First, let us see which fund you should review in your lump sum investments. A) DSP BlackRock Natural Resources and New Energy Fund is a very risk fund as it is a thematic fund. Most suitable for high risk takers, you can hold onto the fund only if your risk taking ability is very high. Having said that, even if you hold this fund you should try timing your exit from this fund as you are not sure when the theme will play or how long the performance will last! Exiting at an opportune time will be key in case of this fund. B) Reliance Growth Fund – Once a marquee fund in the mid cap category, the fund failed to perform in tandem with its peer. Therefore, you may consider switching out of this fund and switch in to Reliance Top 200 Fund.

2. With regards to your SIPs, here are our suggestions. A) DSPBR Top 100 Fund – This is a large cap fund but failed to beat even the category returns in the last 1,3 and 5 year period. You can consider stopping SIPs in this fund and starting in DSP BlackRock Opportunities Fund or DSP BlackRock Focus 25 Fund. B) Reliance Growth Fund – Refer to what we wrote with regards to the lump sum investment in this fund C) HDFC Equity Fund – Fund has lost it consistent performance and failed to beat even the category return in the last 3 and 5 years period. You can consider another diversified equity fund in lieu of this fund. Birla Sun Life Equity Fund or Birla Sun Life Advantage Fund good could be good choices.

Hope you find the above useful. Thanks for writing to Advisorkhoj.