Revisiting MF Portfolio with good funds

[nikrod]

Nikrod,

Do you suggest investing only one debt fund Canara Robeco Income (G) or should I diversify investing in two debt funds.

Can you please suggest any other good debt fund.

Thanks in advance.
-Raj

That's up to you. Some other good debt funds are Birla Sun Life Dynamic Bond, IDFC SSI Midium-term and Fortis Flexi Debt

 

[rrmhatre72]

Pls advice me debt funds which do not have entry or exit loads.
Is any site have search tool to filter out above info?

 

[nikrod]

Pls advice me debt funds which do not have entry or exit loads.
Is any site have search tool to filter out above info?

You can refer Valueresearchonline.com but as far as I know, they do not have any filter for exit loads. Entry loads are zero for all funds anyways.

Most of the debt funds with no exit loads are liquid, liquid+. There are few like Reliance Medium Term which fall in debt mid-term category, but they seek to take minimal risk & hence lower on returns.

Kindly conform which type of debt funds you are intrested in and I can give some suggessions.

Very Low Risk - Very Low Returns (Liquid Funds)
Low Risk - Low Returns (Liquid Plus Funds)
Moderate Risk - Moderate to High Returns (Debr Short & Medium Term Funds)
High Risk - Moderate to High Returns (Gilt Funds)

 

[Uninitiated]

I have a question along similar lines as the one raised by Raj. My allocations in SIP at present are:

HDFC Top 200 (G): 2000/- pm (40%)
ICICI Pru Discovery Fund (G): 2000/- pm (40%)
ICICI Pru Focussed Equity Fund (G): 1000/- pm (20%)

I would like to increase my exposure by another 2000-3000 pm and am considering Reliance Growth as one option. Can you suggest any other suitable SIP?

Thanks in advance.

 

[nikrod]

I have a question along similar lines as the one raised by Raj. My allocations in SIP at present are:

HDFC Top 200 (G): 2000/- pm (40%)
ICICI Pru Discovery Fund (G): 2000/- pm (40%)
ICICI Pru Focussed Equity Fund (G): 1000/- pm (20%)

I would like to increase my exposure by another 2000-3000 pm and am considering Reliance Growth as one option. Can you suggest any other suitable SIP?

Thanks in advance.

I could not find fund named ICICI Pru Focussed Equity Fund. The one I found is ICICI Pru Focussed Bluechip Equity Fund. If it is the fund you are invested in, it's a large cap fund. Hence your portfolio will be well balanced after investing in a mid cap fund. I would suggest you to go ahead with SIP in Reliance Growth. Other Mid Cap funds you can consider instead of Reliance Growth are IDFC Premier Equity, Birla Sun Life Mid Cap Plan A and Sundaram SMILE.

 

[rajenderballa]

Nikrod
recently the name of pru focussed Equity fund is changed to blue chip equity fund

 

[rrmhatre72]

You can refer Valueresearchonline.com but as far as I know, they do not have any filter for exit loads. Entry loads are zero for all funds anyways.

Most of the debt funds with no exit loads are liquid, liquid+. There are few like Reliance Medium Term which fall in debt mid-term category, but they seek to take minimal risk & hence lower on returns.

Kindly conform which type of debt funds you are intrested in and I can give some suggessions.

Very Low Risk - Very Low Returns (Liquid Funds)
Low Risk - Low Returns (Liquid Plus Funds)
Moderate Risk - Moderate to High Returns (Debr Short & Medium Term Funds)
High Risk - Moderate to High Returns (Gilt Funds)

Thank Nikrod,

I have 3L which I want to invest in equity funds. As market is at higher level, I want to park this money in debt fund.
Anyway I am having SIP in equity funds which is going on. I want to invest this money lumsum once market is at lower level.
I am expecting market will come down to ~4500 to 4800 level soon. So want to wait till that time & park this money in debt fund. Perhaps it may take 2-6months. Hence it is important for me that I should enter in funds which do not have exit load.

 

[nikrod]

Thank Nikrod,

I have 3L which I want to invest in equity funds. As market is at higher level, I want to park this money in debt fund.
Anyway I am having SIP in equity funds which is going on. I want to invest this money lumsum once market is at lower level.
I am expecting market will come down to ~4500 to 4800 level soon. So want to wait till that time & park this money in debt fund. Perhaps it may take 2-6months. Hence it is important for me that I should enter in funds which do not have exit load.

Ok got the requirement. You can cansider few medium term & liquid plus funds. I would suggest following debt funds.

Reliance Medium Term ( No Exit Load)
JM Money Manager Super (Exit Load within 30 days)
Fortis Money Plus Reg (Exit Load within 7 days)
LICMF Income Plus (No Exit Load, Min Investment 5 Lakh)
Reliance Money manager Retail (No Exit Load, Min Investment 1 Lakh)
Tata Treasury Manager Retail (Exit Load within 30 days)