Your Fund Portfolio

I am 53. Over the past one year, I have been investing a total of ₹3,500 every month through SIPs for retirement purpose in the following funds in the growth option: ₹500 each in DSP Small & Mid Cap, Franklin Smaller Companies, Tata Equity P/E, ICICI Prudential Value Discovery and L&T Infrastructure; and ₹1,000 in HDFC Mid-Cap Opportunities. I have a moderate risk appetite.

Please review and advise whether it’s prudent to hold the above funds for a long term — say, 5-10 years — or do I need to change them?


Since you may not be very far from retirement, we hope that you have other investments/sources of income to fall back on outside of these mutual fund schemes.

As far as your portfolio is concerned, you can do with some rejig.

One, for the ₹3,500 that you are investing every month, it is enough if you choose two funds. Besides, you can stop SIPs in high-risk small-cap and sectoral/thematic funds, and go with one value fund instead of two.

Spread the ₹3,500 equally between Mirae Asset Emerging Bluechip — a large- and mid-cap fund — and ICICI Prudential Value Discovery — a multi-cap fund with a value bias.

Send your queries to

Read the rest of this article by Signing up for Portfolio.It's completely free!

What You'll Get


This article is closed for comments.
Please Email the Editor