Re: Help me also........urgently!!!
Hello!
I am 32 yrs old & can have above average risk, horizon is 3-4yrs.
I have invested as under
Rs 25000 HDFC Prudence
Rs 25000 Sbi Magnum Contra Gr
Rs 10000 DSPML TIGER Gr
Rs 5000 Kotak opportunities Gr
Rs 1000/mo SIP Tata Infra
Rs 10000 Birla Tax Rel 96 (ELSS)
Is this portfolio tilted/biased towards any capitalization/theme/sectors or you think it fulfils my needs?
Your equity picks are good. One minor change would be merging DSP ML Tiger and Tata Infra. 2 funds are doing the same thing. So you could hhave just one
Do I need churning my portfolio for future investment? I have ~ 50k to park.
Redeem only if you need the money or if your funds are performing bad for about an year, else remain invested.
Also, I want to seek comparative views b/w Birla Sunlife Equity & DSP ML Equity.
Performance wise... absolute returns both are almost the same. DSP ML Equity has a slightly higher risk adjusted return than Birla Sunlife Equity.
Portfolio wise Birla Sunlife Equity does has a comparatively large cap tilt.
Both are multicap funds, but one thing i like about DSP ML Equity is it has been consistantly above average. ITs never a top performer and never and average performer. It always maintains that above average line.