Quote Originally Posted by Sumant View Post
I have taken the below mentioned mutual fund. Currently some of them are not performing well so would like to make my portfolio balanced. Please help me to make my portfolio balanced.
1) RELIANCE DIVERSIFIED POWER SECTOR-1000 /Month
2) DSP ML TIGER-1000 /Month
As per valueresearchonline.com fund compare tool -
DSP ML TIGER - 3 year return = 3.06%; 1 year rank = 6/24; three years rank = 6/19;
RELIANCE DIVERSIFIED POWER SECTO - 3 year return = 3.36%; 1 year rank = 33/36; three years rank = 15/27;
So I would keep DSP and exit Reliance. And invest in better funds like -
1- HDFC Mid-Cap Opportunities
2- ICICI Prudential Discovery Inst I
3) DSPML TAX SAVER-3000/Month
4) SBI MAXGNUM TAX GAIN-3000/Month
Exit both above and invest in HDFC Tax Saver.