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Mutual Fund Corner: Is my mutual fund portfolio good for long-term investment?

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Want to invest in mutual funds but don’t know how to go about it? Get all your mutual fund related queries answered by our expert, Manoj Nagpal, managing director and chief executive officer, Outlook Asia Capital, on our show Mutual Fund Corner.

Mutual Fund Corner: Is my mutual fund portfolio good for long-term investment?
Want to invest in mutual funds but don’t know how to go about it?
Get all your mutual fund related queries answered by our expert, Manoj Nagpal, managing director and chief executive officer, Outlook Asia Capital, on our show Mutual Fund Corner.

Q: Karan Ravi writes to us on Facebook. I am a long term investor and wanted to know if my investment portfolio is the right portfolio. I am currently investing in SIP DSP Midcap, DSP Tiger, Invesco India Growth Opportunities, ICICI Bluechip , Motilal 35, Parag Parikh, Reliance Small Cap, SBI Small Cap, SBI Consumption and Tata Digital India.
Roughly around Rs 20,000 a month go in these funds and in lumpsum, I hold HDFC Equity Savings, L&T Emerging Businesses, Mirae Emerging Bluechip and two new fund offers. I would like your advice if I should change.
A: Mix of high risk, sector funds. HDFC Equity Savings is the only conservative fund. If you want to keep a high risk portfolio, then you should exit out of HDFC Equity Savings. Sectoral themes should be long term and structural. Tata Digital Fund is a tactical play and hence should be considered for exit. Instead of DSP Tiger, prefer the IDFC Infra Fund, if you want to play the Infrastructre theme.
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Market Movers

CompanyPriceChange%Gain
Asian Paints3,042.20 92.30 3.13
Axis Bank750.90 14.65 1.99
ICICI Bank645.30 10.15 1.60
HDFC Life692.55 10.85 1.59
HUL2,391.95 27.35 1.16
CompanyPriceChange%Gain
Asian Paints3,041.85 93.75 3.18
Axis Bank750.75 14.50 1.97
ICICI Bank645.05 9.95 1.57
HUL2,391.15 26.30 1.11
IndusInd Bank1,033.55 9.35 0.91
CompanyPriceChange%Gain
Asian Paints3,042.20 92.30
Axis Bank750.90 14.65
ICICI Bank645.30 10.15
HDFC Life692.55 10.85
HUL2,391.95 27.35
CompanyPriceChange%Gain
Asian Paints3,041.85 93.75
Axis Bank750.75 14.50
ICICI Bank645.05 9.95
HUL2,391.15 26.30
IndusInd Bank1,033.55 9.35

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