Mirae Asset India Opportunities Fund – A Gutsy Performer

4 Responses

  1. Arindam Mukherjee says:

    Dear Sir,
    If time horizon is a little longer say, 8-10 years, do you suggest investment in Large Cap ? Being a conservative investor, I like to opt for Multi cap fund like Motilal Multi Cap 35 for next 10 years.
    Well, please let me place one query – I would like to invest in 7 funds at max from 7 different AMC for next 10-15 years, considering all types of Cap like Large, Mid, Small and Balanced. Clue – For Midcap Space – Mirae Asset Emerging Bluechip Fund is a top notch selection at this very moment.
    Please share your unbiased opinion on selecting seven funds.
    Regards,
    Arindam Mukherjee

    • Investment Mantra says:

      Hello Arindam,
      Thank you for writing to us.

      I will suggest you not decide randomly time duration of 8-10 years. Before starting any investment, the goal for each SIP you start should be clear. It is significant because in case you have a retirement 25 years away, kind of funds may be different. However, if you have a goal which is 8-10 years, kind of fund you choose can be different and also exit strategy will trigger accordingly as you approach your goal approaches.So please complete this activity first.

      As as today based on current performance, here’s how portoflio will look like:

      Mirae India Opportunities Fund
      BSL Equity Fund/Motilal Multi Cap 35
      Franklin India High Growth Companies
      HDFC Midcap Opportunities
      Mirae Emerging Bluechip Fund
      Can Robeco Emerging Equities Fund
      Reliance Small cap Fund

      Portfolio may vary depending on your risk profile. I will not recommend any sectoral/thematic funds if wealth can be made through straightforward means.
      Consult your financial adviser before making any investment decisions.

      Thank you,
      Salil

  2. Arindam Mukherjee says:

    Sorry !! missed to categories – Multi cap and ELSS. Total categories – Large, Multi, Mid, Small, ELSS and Balanced Fund. To add zing, one sectorial / thematic fund may be considered into the list of Seven Funds. Current I have been investing Rs. 1000 in UTI Transportation and Logistics per month through SIP route.

    Regards,
    Arindam Mukherjee

  3. Arindam Mukherjee says:

    Sorry !! missed to categories – Multi cap and ELSS. Total categories – Large, Multi, Mid, Small, ELSS and Balanced Fund. To add zing, one sectorial / thematic fund may be considered into the list of Seven Funds. Currently I have been investing Rs. 1000 in UTI Transportation and Logistics per month through SIP route.

    Regards,
    Arindam Mukherjee

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