Mutual Funds

Your Fund Portfolio

Parvatha Vardhini C | Updated on October 28, 2018 Published on October 28, 2018

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.

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