I'm investing Rs.9000 per month in following funds please suggest should i hold or change any of the funds -1) icici focus fund ,2) Franklin Templeton prima plus 3)Hdfc Top 200 Fund. 4)IDFC Premier Equity Fund 5) Reliance Gold saving Fund 6)RELIANCE LIQUID FUND - TREASURY PLAN.
The funds mentioned above are among the well known funds in the industry today with notable track records. The point to focus here is the fact that of the six funds above, three typically maintain a large cap portfolio while IDFC Premier Equity tends to maintain a mid and small cap oriented portfolio.
Hence, the split between the funds should be in line with your risk appetite and returns expectation. If one can afford more risk, one may substitute one of the large cap funds with a flexi cap fund.
We believe decision to invest into Gold is good. However, were not sure why a systematic investment is being made into a liquid fund.