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There are no changes in our equity mutual fund SIP portfolios this month

Here is our update on our equity mutual fund SIP portfolio recommendations in November. And the the happy news is that there are no changes in these portfolios.

mutualfunds.news Mutual Funds launched its recommended equity mutual fund portfolios to invest through SIPs in October 2016. Since then, we have been closely monitoring the schemes in the portfolios and coming out with an update in the first week of every month.

Our reason to launch these portfolios was simple. We know that many investors find it very difficult to stitch together a few schemes (or create a mutual fund portfolio, in technical parlance) that would help them to meet their various long-term financial goals. This is especially true for new investors.

Sure, creating a mutual fund portfolio involves several complicated steps. To begin with, an investor should shortlist a few schemes with a consistent long-term performance record. Then s/he should pick the ones that are in line with their risk profile and investment objectives. Then the biggest problem: how to fix the composition of the portfolio? The task doesn’t end here. They also need to monitor and review the performance of the portfolio regularly and take remedial steps if needed.

That is why mutualfunds.news Mutual Funds decided to launch equity mutual fund SIP portfolios. We have created equity mutual fund SIP portfolios for three different individual risk profiles: conservative, moderate and aggressive. We have also considered three SIP baskets – between Rs 2,000-5,000, between Rs 5,000-10,000 and above Rs 10,000 – while creating these portfolios. These are the schemes that made it into our recommendation:

Recommended portfolios for conservative investors

SIP amount Scheme name Percentage
Rs 2,000 to 5,000 SBI Bluechip Fund 50
ICICI Prudential Regular Savings Fund 50
Rs 5,000 to 10,000 SBI Bluechip Fund 30
ICICI Prudential Bluechip Fund 20
UTI Regular Savings Fund 50
Above Rs 10,000 SBI Bluechip Fund 25
ICICI Prudential Bluechip Fund 15
Motilal Oswal Multicap 35 Fund 10
UTI Regular Savings Fund 50

Recommended portfolios for moderate investors

SIP amount Scheme name Percentage
Rs 2,000 to 5,000 SBI Bluechip Fund 65
ICICI Prudential Regular Savings Fund 35
Rs 5,000 to 10,000 SBI Bluechip Fund 40
Motilal Oswal Multicap 35 Fund 25
ICICI Prudential Regular Savings Fund 35
Above Rs 10,000 ICICI Prudential Bluechip Fund 30
SBI Bluechip Fund 15
Motilal Oswal Multicap 35 Fund 20
UTI Regular Savings Fund 35

Recommended portfolios for aggressive investors

SIP amount Scheme name Percentage
Rs 2,000 to 5,000 SBI Magnum Multicap Fund 50
ICICI Prudential Bluechip Fund 50
Rs 5,000 to 10,000 Motilal Oswal Multicap 35 Fund 30
SBI Bluechip Fund 20
ICICI Prudential Equity & Debt Fund 15
Mirae Asset Emerging Bluechip Fund 35
Above Rs 10,000 ICICI Prudential Bluechip Fund 35
SBI Magnum Multicap Fund 10
Mirae Asset Emerging Bluechip Fund 30
ICICI Prudential Equity & Debt Fund 10
Tata Equity PE Fund 15

Note: we have assumed that the investor is investing with an investment horizon of at least five years.

Source: ET.com