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Sanjeev Govila |192 Answers |Ask -Follow

Financial Planner - Answered on Jul 23, 2023

Question by P on Jun 06, 2023

Money

Please give some clarity that all these funds are good ina single portfolio. Please suggest me sir 1. Quant Small cap 2.Quant acitive fund - Mid Cap 3.Quant Tax plan - Elss 4. Nippon growth fund - Milti Cap 5.parag fariq flexi cap 6.Navi nifty bank index fund.

Ans: Currently, the asset allocation of the portfolio is 100%. Any good portfolio should diversify to provide support during uncertainties. Portfolio is also overly allocated towards a particular AMC (Quant), which increases the concentration risk of the portfolio. Also avoid two or more funds of one category.

All the funds are well positioned. Nippon India growth fund seems better than Quant Mid Cap.

Apart from deduction benefits, ELSS is better investment option from return perspective and amogst its peers, Quant Tax Plan has delivered decent returns.

Navi Nifty Bank Index is a sectoral fund. A sectoral category fund majorly faces three drawbacks i) inconsistent returns, ii) limited exposure and iii) incomplete replication of index portfolio. Instead of this, Sensex and Nifty index are better option having exposure of overall market

DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Users are advised to pursue the information provided by the rediffGURU only as a source of information to be as a point of reference and to rely on their own judgement when making a decision.

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Please give some clarity that all these funds are good ina single portfolio. Please suggest me sir 1. Quant Small cap 2.Quant acitive fund - Mid Cap 3.Quant Tax plan - Elss 4. Nippon growth fund - Milti Cap 5.parag fariq flexi cap 6.Navi nifty bank index fund.

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Ans: Mirae Asset Midcap and Nippon Ind Index.
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DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Investment in securities market are subject to market risks. Read all the related document carefully before investing. The securities quoted are for illustration only and are not recommendatory. Users are advised to pursue the information provided by the rediffGURU only as a source of information and as a point of reference and to rely on their own judgement when making a decision. RediffGURUS is an intermediary as per India's Information Technology Act.

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