Need A Financial Product Forums Trading/Investments Is it diversification to invest in ICICI Prudential Dynamic Plan

This topic contains 1 reply, has 2 voices, and was last updated by  Nidhi Arora 3 years, 2 months ago.

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  • #46955

    Nidhi Arora
    Member

    I have already invested Rs. 10,000 in Franklin India Bluechip. I want to invest Rs. 10,000 monthly in ICICI Prudential Dynamic Plan for long term. Will I be actually diversifying my funds?

    #46956

    Chintan Shah
    Member

    Franklin India Bluechip invests in large cap whereas, ICICI Prudential Dynamic focuses more on mid cap companies. However, there is overlapping in stock of companies. Looking at the situation from small cap, mid cap and large cap funds, then the portfolio is not completely diversified. If you really want to diversify your funds, then explore small or mid caps with a potential to become large cap in future.

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