1. Advisorkhoj
  2. Post Your Queries
  3. Mutual Fund
  4. Should I add small caps or contra funds in my portfolio

Should I add small caps or contra funds in my portfolio

Please review my portfolio and suggest me a small cap to cover portfolio. 1.5k each in 1) ELSS - Birla Sunlife '96, 2) ELSS - Reliance Tax Saver, 3) Multicap - ICICI Prudential Multicap Fund, 4) Large Cap - Birla Sunlife Frontline Equity Fund. Now I want to invest in Small Caps. However my peers are suggesting me to do a contra funds like Invesco Contra. I have a budget for 4,000 only. Please suggest me what to do. I mean going for small cap? (if yes, then who would be better one) or go for both Contra and Small Caps according to my portfolio?

May 14, 2017 by Saby Halder, Kolkata  |   Mutual Fund

We do not why your peers are suggesting contra funds and would not like to comment on that. We will suggest you to go with mid & small cap fund as it is not there in your current portfolio and you also wish to add that. However, please note that by adding midcap funds into your current portfolio, which is now in ELSS, Large cap and Diversified Equity funds, you will make your portfolio more aggressive. However, there is no problem if the portfolio becomes aggressive as long as it matches with your risk taking ability.

Your current fund selection is good. From mid/small cap category, you can add Mirae Asset Emerging Equity Fund or Reliance Small Cap Fund or DSP BlackRock small and mid cap Fund.

Thanks for writing to Advisorkhoj.

comments powered by Disqus
Search
You haven't found the answer for your queries? Do post your queries to us.
POST A QUERY

© 2016 Advisorkhoj - A Gamechanger Business Services (I) Pvt. Ltd. Brand - All Rights Reserved

Feedback