Hi Pankaj,
I am 21. and agressive investor only.
ICICI Focussed Blue chip - 4000. IDFC Premeir equity - 2000 Hdfc prudence - 2000 Hdfc top 200 - 4000
This is my existing portfolio for the past five months. Now i need to rejig my portfolio according to the tax saving of this year.
Tax saving for 2012 -2013 My salary is 30000. RD - 3000 ( for short term goals) SIP (ELSS+ other) - 10000 PPf -1000 Expenses - 15000.
ELSS
ICICI pru tax plan / Franklin Tax shield - 6000 per month for 12 months. PPf - 12000, PF - 15000.
Which one in ELSS can i choose?
This icici tax saving has a multi cap bias which has under performed the category average in the last two years but given a good returns with three year and five year time period.
Franklin tax shieid has good track record with large cap bias and better than the icici one in out performing the markets.
I am having a confusion over selecting among the two funds. Pls help me out.
Others:
In my existing portfolio I am thinking of investing in the below funds and stopping the SIP in other funds ICICI Focussed Blue chip - 2000 IDFC premeir equity Plan A - 2000.
What is ur take on it? Pls tell me am i goi in the right way. I am having my goals only after 7 or 8 years. I dont want profits in short term .