Hello,
I am 71 and have 5 core funds, and I add thru SIP's too.
Birla Sunlife equity
SBI Magnum Contra
Reliance Growth
Reliance Vision
Sundaram Midcap
and 3 Sector funds
ICICI prudential and UTI Infrastructure and Sundaram Paribas Energy opportunities fund(closed ended)
My Asset allocation
Giant/Large Cap - 50%
Midcap - 35%
Small Cap - 9%
Other - 6%
My question is two fold,
Hopefully my time horizon for this investments is above 5 years.
Do I need to add a debt fund to my core fund group? If so, What factors do I need to look at choosing a debt fund? I don't have the need for supplemental income from my investments at this time.
I am thinking of investing in banking sector fund, the question is , would there be any portfolio overlap between my core funds and Banking sector fund. If so, how would I know?
or
Will I be better off investing the same in my core fund group and stay away from the banking sector fund.
Thanks in advance
K.V Balakrishnan - Chennai |
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Moneycontrol 
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