Mutual Funds Discussion Forum

INVESTMENT-MANTRA DISCUSSION FORUM:

Do you have any queries about Mutual Funds or want our help to register mutual funds, we are happy to help. Email your queries to support@investment-mantra.co.in or you can post your query below.

Happy investing!

investment-mantra.co.in Team

92 Responses

  1. Ganesh says:

    Hello Team Investment-mantra I came across your site.First of all thanks for such a simple and informative content. I am planning to start SIP of 2000 in Mutual Funds please suggest some good Funds.In our city there are no reputed MF distributors or IFA. I want to start with regular plans so that I can get guidance also on the fund performance on timely basis.Please help me in this regard.

    • Investment Mantra says:

      Hi Ganesh,

      Based on your requirement and risk appetite Axis seems to be a clear bet.Just for your information,If you would have invested 5000 per month via SIP in Axis Long Term Equity fund – Regular Plan (Growth) between May 01, 2010 to May 01, 2017 – fund would have returned a CAGR of 20.26% with the investment amount of 4,25,000 translating into net value of 869,643.21 as on May 1, 2017 which is excellent by any parameters.

      Disclaimer- Please consult your financial adviser before taking any investment decision.

      Regards
      Team Investment-mantra
      Email:Support@investment-mantra.co.in

    • sujita bahadur says:

      Hello Ganesh,
      If you are interested to start SIP Then go with Diversified Equity Fund , it will give you good experience and return.
      For more information and suggestion, please feel free to contact
      email – sujit.bahadur@gmail.com
      MOB- 9777097542

  2. Khaleel says:

    I have already investing in sbi magnum balanced fund 2500 SIP for 3 years & current value around 1,10,000. I wanted to switch to other fund. In that case can i utilize the 1,10000 amount generated in my new sip or how can i utilize the 1,10000 surplus money. can i utilize in Systematic transfer plan

    • Hello Khaleel

      Thank you for your query.
      The first thing you need to do is to stop SIP in your existing fund in case you want to switch to another fund. You need to give application to redeem mutual fund units.
      Post that you can start SIP in the new fund. Once the amount is redeemed, then you can put in money in a liquid fund of that AMC. Once the transaction is initiated, you can start STP from liquid fund to the new equity fund in which you have initiated SIP.

      Hope it helped.

      Regards,
      Team investment-mantra.co.in

    • sujita bahadur says:

      Hello Khaleel,
      Thanks for your query.
      If you want to switch your fund to new investment through STP. First thing you have to cancel your SIP by giving a SIP cancellation form, then switch that invested amount to any Liquid fund. After that you can easily STP your fund to some new fund.
      For more detail Please feel free to contact
      mail- sujit.bahadur@gmail.com
      mob-9777097542

  3. jagadesh says:

    Hi, This is jagadesh. any one like to invest in Mutual fund contact me at 9095421409/9500586561.

  4. rajkumar says:

    Hi, i am Raj from chennai. Any one like to invest in equity, commodity, mutual fund contact me at 8778026163.

  5. Tenzin says:

    Dear Sir,

    Please advice on my portfolio. My SIP of RS 10k per month for a duration of 5 years. Please suggest on the portfolio. Is it good enough from your angle or is there any modifications to be made. Your advice on this will be highly appreciated.

    1> SBI Bluechip fund –rs 4000
    2> HDFC Balanced fund– Rs 4000
    3> Reliance Small cap– Rs 2000

    Thanks

    • Investment Mantra says:

      Hello Tenzin,

      Thank you for writing to us at investment-mantra.co.in
      Your portfolio looks good and needs no changes I think. The only suggestion will be to increase your investment horizon if you don’t need money immediately after 5 years as you will benefit more from the power of compounding. Funds need no tinkering.
      All the best and keep visiting the site for more.

      Regards,
      Salil

  6. Rengith says:

    Dear Sir,

    I am 37 year old and I started my mutual fund investment from March 2017.

    Below are the MF I am investing on monthly basis.

    1. ABSL Small & Midcap Fund Growth-DIRECT – 2000
    2. ABSL Frontline Equity Fund -Grow-DIRECT -2000
    3. ABSL Advantage Fund – Growth-DIRECT- 1500
    4. ABSL Advantage Fund – Dividend-DIRECT -Reinvestment – 2000
    5. Kotak Emerging Equity Scheme- Growth -2000
    6. HDFC Top 200 fund- Growth -2000
    7. Franklin Templeton MF-2000

    Kindly need an advise:
    1) The above are good MF schemas? Or do I need to change
    2) If I need to change please advise which are good
    3) I am planning to increase the SIP amount additional 15000 monthly, Can I add in existing funds or do I need to select a new funds.

    Thanks in advace.

    • Investment Mantra says:

      Thank you for writing to us at investment-mantra.co.in
      All your funds are good. You need to keep the focus and keep investing.
      For ABSL Advantage Fund – have only one fund only – Growth Direct. For another fund, replace it with Mirae India Opportunities Fund.
      I am not sure about which Franklin Templeton Fund you have.
      6-7 funds are good enough to mae s strong portfolio.
      Increase allocation to your existing funds. You can replace HDFC Top 200 Fund with Mirae Emerging Bluechip Fund.
      Increase more allocation to BSL Frontline Equity and Mirae India Opportunities Fund – 3000 each
      For other funds, increase allocation in existing mid-cap funds by 2000/-

      Let me know in case of any queries.

      Thanks
      Salil

  7. Kavi says:

    Hi all,

    If you want to know latest mutual funds schemes & benefits contact M K prabhagaran , Karur. contact +91 98943 33189

  8. AMOL says:

    hi all, plz analyse my portfolio and give your opinion
    total 10k/month
    1)SBI blue chip equity 4000
    2)HDFC balanced fund 4000
    3)Canara rebeco emerging equity fund 2000

    • Investment Mantra says:

      Dear Amol,

      Thank you for writing.
      You have a good mix of a balanced fund, large-cap fund and a mid-cap fund with an excellent track record. So there is no need to change any funds at present and make sure you track the fund performance every 6-8 months.
      I have few suggestions:
      (1) Please make sure you map all your investments to goals. By doing that, you will know your goals, your investment horizon and how much you need to invest per month via SIP to achieve your goals.
      (2) Increase your SIP’s by minimum 15% as your salary increases.
      (3) Whenever you get some lump sum in the form of bonus to some payout, make sure you invest a proportion of that towards your existing funds via Systematic Transfer Plan(STP).
      (4) Make sure your nominations, address, email id, phone and other details are correct in all your investments.

      Let me know in case of any queries and keep visiting the website. Please share with your friends if you find it useful.
      Thanks & Regards,
      Salil Dhawan

      Disclaimer: “Mutual fund investments are subject to market risks. Please read the offer document carefully before investing.Please consult your financial advisor before taking any investment decision.”

  9. Sajal says:

    Hi ,
    I am investing 12k per month in these portfolio and my investing is for 10 yrs, please suggest if I am on right track. and please suggest any fund where I can get good returns in 5 years

    1)UTI MNC Fund – 2000
    2)UTI Long Term Growth Fund (Tax Saving) – 3000
    3) ICICI Value Discovery Fund – 2000
    4) Reliance Tax Saver Growth Fund – 5000

    Thanks in Advance

    • Salil Dhawan says:

      Hello Sajal,

      Do make sure all your investments are mapped to a specific goal and you don’t invest at random. Make sure you also keep inflation in mind while deciding on the corpus which you are looking to create. Do conduct this exercise without fail if you haven’t till date to have more clarity regarding your investments.

      As regards, 12K investments, I would look towards a well-diversified fund such as :
      Mirae India Opportunities Fund – Growth – 3K per month instead of UTI MNC fund. Move all your investments from this fund to Mirae Fund.
      ICICI Discovery Fund is a good fund – 2K per month. Please continue.
      Reliance Tax Saver is a good fund – 5K. Please continue.
      If for rest 3K you are looking for tax saving, please switch to BSL Tax Relief 96 from UTI Long Term Growth Fund -3K. Move money to this fund as and when lock-in completes. If you are not looking for tax saving, then opt for a quality mid-cap fund such as Mirae Emerging Bluechip fund or an HDFC Midcap Opportunities Fund.
      Make sure you increase your SIP amount as salary increases.
      If you have any queries, do let me know or write back to me at dhawansalil@gmail.com.
      Also, do share website with your friends if you find it useful.
      Also do follow us on Facebook: https://www.facebook.com/Investment-mantracoin-195908927116603/

      Thanks
      Salil

      Disclaimer: “Mutual fund investments are subject to market risks. Please read the offer document carefully before investing.Please consult your financial advisor before taking any investment decision.”

  10. Ravi Rathod says:

    Hi ,
    Below is what I am trying to build portfolio and need your comments on the same. I have started investing in below by this month only (i.e. DEC 2017)
    1. Mirae Asset Emerging Bluechip – 5K /mo
    2. SBI Blue Chip – 5k/mo
    3. Aditya Birla Sun Life Advantage Fund – 5k/mo.
    Apart from this, I have been investing in below MF for more than a year now and will be stopping soon as it terms getting over.
    1. Reliance Tax Saver ELSS fund – 1.5K/mo – (6 moths left to complete 3 year locking. should this be continued or increased?)
    2. UTI – Equiry Fund – 1K/mo ( 6 months left and want to discontinue this)

    I am also thinking to invest in Motilal Oswal Most Focused Multicap 35 Fund (G) about 5K/mo. All are investment are DIRECT and GROWTH. I have discontinued my V-EPF contribution which was about 12K/mo and wanted to build a strong MF portfolio.

    my goal at least 3 to 5 years as of now.

    Kindly, provide your expert comments on the same.

    • Salil Dhawan says:

      Hello Ravi

      Thank you for your query.
      I think Mirae Emerging Bluechip Fund, SBI Bluechip Fund, and Aditya Birla Sun Life Advantage Fund are excellent funds and you should continue investing in them. You can very well start investing in Motilal Oswal Focused Multicap 35 fund which is a good fund.These four funds should become core of your mutual fund portfolio like 4 pillars.
      Reliance Tax Saver is an excellent ELSS fund. So please continue investing in this fund and don’t redeem even if lock-in is over. You can even increase your allocation to this fund going forward.
      Please discontinue investments in UTI Equity fund and divert that SIP to Reliance Tax Saver fund. Redeem amount and start an STP in Mirae Emerging Bluechip Fund.
      Going forward when you have surplus amount to invest via SIP, include one good fund such as Reliance Small cap or an HDFC Midcap Opportunities Fund or a Canara Robeco Emerging Equities Fund.That should be it.
      Please try if you can increase your investment horizon to minimum 7 years at least for money to compound. For less than 3 years of investment, you should only invest in Debt funds while for 5 year period, investments should be in balanced funds only. SO map all your investments to your goals for greater clarity on purpose of investment.
      Do write back in case of any queries.

      Thanks & Regards,
      Salil

  11. lakshmi narayana says:

    Dear Team, I am planning to invest 1 Lakh each in SBI small and mid cap fund , reliance small cap fund for 10 years pls suggest

    • Salil Dhawan says:

      Hello,

      I think you must have shortlisted funds on the based on performance recently as to funds which have given maximum returns. I will advise you to start your investment journey with enrolling for SIP’s irrespective of you going for lump sum investment. Chalk your investments according to your goals and risk profile.
      I will advise you to start SIP in 3 funds:

      Mirae India Opportunities Fund – 50%
      HDFC Midcap Opportunities Fund – 30%
      Reliance Small cap fund – 20%

      and put above percentage amount in these funds in proportion mentioned via weekly STP. No lumpsum, please. This way you will have stable, strong core portfolio to being with. SBI Small and mid-cap I think is closed for fresh investments at present.
      Do write back in case you need more clarity and I will be happy to help.

      Thanks
      Salil

      Disclaimer: Please consult your financial advisor before taking any financial decision. Mutual Fund investments are subject to market risks, read all scheme related document carefully.

  12. Suraj says:

    Hi ,Request you to review of my mutual fund portfolio and suggest:-
    1)ICICI Focussed blue chip- 3k/month
    2)Kotak select focus- 4k/month
    3)Axis long term equity- 3k/month
    4)HDFC balanced fund-3k/month
    5)ICICI value discovery fund- 1k/month
    6)Mirae emerging blue chip fund-5k/month
    7)Reliance small cap fund- 4k/month

    • Salil Dhawan says:

      Hello Suraj,

      Thank you for writing and visiting the website.
      All your funds are good and spot on. Make sure all your funds are mapped to specific goals so as to make sure you have clarity in mind about investments. it is very significant to do that activity. Make sure you don’t introduce any further funds in the portfolio but increase allocation in current funds only.
      Let me know in case of any queries and keep visiting investment-mantra.co.in

      Thank you,
      Salil

      Disclaimer: Please consult your financial advisor before taking any financial decision. Mutual Fund investments are subject to market risks, read all scheme related document carefully.

  13. Ravi Rathod says:

    Dear Salil,
    Thank you for valuable inputs. Appreciate your response too. Will do what you suggested above. I need bit more help on the below too.
    1. can you suggest a MF for lumpsum investment for a year in which the returns should be as high as possible? I am thinking to invest around one lakhs. I am ready break into 50K in two different MF to maximize the returns.

    2. I also have Reliance Regular Savings Fund – Equity Option (G) since 2008. I had invested about 3 years in it and stopped. Now, the return is 3 times of investment but since some months there is not much incline and it looks to stable now. what do you suggest on this? should I withdraw or leave it for some more years/months?

    Thanks,
    Ravi Rathod

    • Salil Dhawan says:

      Hello Ravi,

      Thank you for writing back. Please make sure you understand my viewpoint and then invest. It is very important in the long run for you to understand why an investment is being done in a particular way so that you can remain invested during ups and downs of equity markets.
      I would suggest you keep money in something like a Reliance Money Manager Fund – Growth plan and don’t take any undue risk with money you need in the next one year.
      As regards Reliance Regular Savings Fund – my advise will be to take money out, and do 25% allocation to each of your four funds through STP and not lump sum (i.e if you have 100 rupees as redemption amount – put 25 rupees via STP and not lump sum to SBI Bluechip, Mirae EBF, ABSL Balanced Advantage and Motilal Oswal Multicap 35 fund).
      Hope it helps.

      Thanks,
      Salil

      Disclaimer: Please consult your financial advisor before taking any financial decision. Mutual Fund investments are subject to market risks, read all scheme related document carefully.

  14. AMIT says:

    I want to invest in invesco India growth mutual fund for 20 years with sip of 8000/ month? is this fund is worthy to be invested this much?

    • Investment Mantra says:

      Hello Amit,

      Thank you for your query.
      I think the first thing you must do is to map your investments to your goals (if you haven’t). This will give you a clear picture as to how big a corpus you will require for each of your goals and how much you need to invest per month to achieve your goals.
      Invesco India Growth Fund is a good fund but I will recommend you to make a diversified portfolio of two funds which have a more credible track record:
      You can look at:
      Mirae Asset India Opportunities Fund or Kotak Select Focus or Franklin High Growth Companies Fund – 4K per month SIP
      Mirae Asset Emerging Bluechip or Canara Robeco Emerging Equities Fund or HDFC Midcap Opportunities Fund – 4K per month SIP

      Evaluate fund performance every 6-8 months and proceed accordingly.
      In case of any queries, drop me an email.

      Thanks & Regards,
      Salil

      Disclaimer: Please consult your financial advisor before taking any financial decision. Mutual Fund investments are subject to market risks, read all scheme related document carefully.

      • AMIT says:

        THANK S FOR YOUR REPLY. I WANT TO ADD THIS INFORMATION THAT I HAVE STARTED
        SIP IN SBI BLUE CHIP WORTH RUPEES 5000/.SO BALNCING RISK AND RETURN FACTOR FOR LONG TERMS. MY GOAL IS TO HOLD MY INVESTMENT FOR 10YAERS IN REALTION TO THE FUND I MENTIONED IN THIS REPLY. ONCE AGAIN DEEP GRATITUDE FOR YOUR HELP. I NEEDED THIS FROM AN EXPERT,YOUR SUGGESTION ARE APPRECIATED
        THANK YOU

        • Investment Mantra says:

          Thank you, Amit for the kind words.
          SBI Bluechip is a good fund and keep investing. Add two more funds and that should be good enough.
          Do write back in case of any queries.

          Keep visiting investment-mantra.co.in for more.

          Regards,
          Salil

  15. sanjay amin says:

    my investments. as below ,so suggest & review how it will perform in 1yr,3yr,5y terms rs. 25000 each in fund

    DSPBR small & midcap ,ICICI PRU banking &financial plan-g,HDFC Midcap opportunities fund-g,CRMF Emerging equities -direct,Reliance top 200 -g,reliance small cap fund -g,

    • Investment Mantra says:

      Hello,

      No one knows how markets will perform over 1,3,5 year period but over the long term equity funds should be able to give reasonably good inflation-beating returns. I will suggest you include one more diversified equity fund, maybe a Mirae India Opportunities or a Kotak Select Focus.
      You can reduce allocation to ICICI Pru Banking & Financial Services Plan. This will provide more balance to your portfolio since you have majority portfolio dedicated to small and mid-cap funds.
      Evaluate fund performance every 6-8 months and proceed accordingly.
      In case of any queries, drop me an email.

      Thanks & Regards,
      Salil

      Disclaimer: Please consult your financial advisor before taking any financial decision. Mutual Fund investments are subject to market risks, read all scheme related document carefully.

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  18. Santosh says:

    I am aged 33 and started investing in SIP only from last one year. Currently my portfolio looks like this.
    Aditya Birla Sun Life Frontline Equity Fund – Direct Growth – Monthly – Rs. 2000
    Aditya Birla Sun Life India GenNext Fund – Direct Plan (G) – Monthly – Rs. 1000
    Franklin Build India Fund – Direct Plan (G) – Monthly – Rs. 1000
    Franklin India High Growth Companies Fund – Direct Plan (G) – Monthly – Rs. 2000
    Franklin India Smaller Companies Fund – Direct Plan (G) – Monthly – Rs. 2000
    ICICI Prudential Value Discovery Fund – Direct Plan (G) – Monthly – Rs. 1000
    SBI Blue Chip Fund – Direct Plan (G) – Monthly – Rs. 1500
    UTI Mid Cap Fund – Direct Plan (G) – Monthly – Rs. 2000

    I have a child of 4 years and planning to invest some amount considering child education for atleast 5 years from now. Was investing in PPF around 5K per month, but slowed down as PPF interest rates have come down too much.
    Now my money control portfolio says switch funds for ICICI, Franklin High Growth Companies Fund and UTI Mid cap as they weak performers. They are running in 10th month installment of 12. Is my portfolio looks ok for long term(Say 5 Years), should i switch any funds and if so where? Need your sincere advice on this.

    • Investment Mantra says:

      Dear Santosh,

      Thank your writing to us.
      First of all congratulations for taking an excellent and right step to start investing in child education early.
      What I will advise you first is to decide on the corpus you will require for your child – either it’s graduation or a post-graduation or marriage or paying school expenses etc. This will provide you inputs as to how much and how long to invest any kind of funds to choose from. Always have measurable goals such as retirement planning etc. Keep your SIP installments to perpetual rather than 12.
      For 12.5K per month SIP, you have way too many funds in the portfolio.
      Stop UTI Midcap and move that SIP into Franklin High Growth Companies and SBI Bluechip (1K each)
      ICICI Discovery and Franklin High Growth Companies and two very good funds. Keep investing via SIP mode.
      Keep monitoring funds performance and increase funds going forward.

      All the best!

      myviewpoint

  19. Aman says:

    Hi all,
    I am 26 years old.
    My monthly SIP is :-
    L&T emerging business 1k
    Kotak Select Focus Fund 1k
    Mirae asset Emerging Bluechip 1k
    ABSL Pure value fund 1k
    ICICI pru balanced 1k
    MoST Focussed 35 Multicap 1K

    Please suggest if any change is required. My time frame is 5-8 years.
    Thanks & Regards

    • Investment Mantra says:

      Dear Aman,

      Thank you for your query.
      All the six funds you have listed down are excellent funds as on today’s date. The only problem is that for 6K SIP, ideally, you should not need more than 2 funds in your portfolio.
      Here are few suggestions:
      (a) Don’t add more funds to your portfolio going forward.
      (b) Whenever you increase SIP, increase SIP in existing funds, preferably in large-cap oriented funds such as MOST Multicap 35 and Kotak Select focus first and then in mid and small cap funds.
      (c) Map your investments to your goals such as retirement or other future goals. I know at 26 it is hard to think about retirement planning, but earlier you start better it will be. Investing without any goal will make you redeem your investments much before as and when you will need it.
      (d) Monitor fund performance every year. It is a continuous review process.
      All the very best and keep visiting investment-mantra.co.in

      Thanks
      Salil
      https://www.facebook.com/Investment-mantracoin-195908927116603/

  20. Kumar says:

    Hi ,

    Thanks for this nice article. I also need your advice/suggestions in following:

    I have invested in Mutual Funds in three different portfolio started in couple of year back:

    Portfolio#1: Child Education (24000 monthly)
    ——————————————-
    1. UTI Equity fund (G) – 10000 (monthly)
    2. HDFC Mid-Cap Opportunities fund (G) – 10000 (monthly)
    3. Birla SL Dynamic Bond fund-Reg(G) – 4000 (monthly)

    Portfolio#2: Child Marriage
    ——————————————-
    1. ICICI Pru Value Discovery (G) – 10000 (monthly)
    2. PPF (1,50,000 yearly)

    Portfolio#3: Retirement (34000 monthly)
    ——————————————-
    1. Franklin India Bluechip (G) – 15000 (monthly)
    2. Franklin India Prima Plus (G) – 15000 (monthly)
    3. DSPBR Income Opportunities Fund -Reg(G) – 4000 (monthly)

    Other on-going ACTIVE-SIP (to accumulate yearly PPF amount)
    ——————————————————
    1. Birla Sunlife Floating Rate Fund-Long Term Plan (G) – 6000 (monthly)
    2. ICICI Pru Flexible Income Plan(G) – 6000 (monthly)

    Other NON-ACTIVE SIP (to accumulate yearly PPF amount)
    ——————————————————
    1. HDFC Equity (stopped since 2013 but amount is still there)
    2. SBI Emerging Business fund (stopped since 2013 but amount is still there)

    Note:
    —–
    All there investments are for long term (more than 10 years)

    Questions:
    ———–
    1. I noticed that UTI Equity fund is not performing well from long time so is it time to replace this fund with other performing fund like:
    – ICICI Pru Focused Bluechip, or
    – SBI Bluechip (Large-cap)

    Any recommendation here?

    2. I am NRI and due to recent changes in PPF rules, its now not a suitable option for a NRI. What is the other alternative options for me on a debt side?
    Is Balanced fund like HDFC Balanced fund can be a replacement for this?

    Any recommendation here?

    3. I want to do addition 20000 investment monthly, where can I add this in my existing portfolio?

    4. Is there any other changes required in my portfolio?

    I really grateful for your prompt suggestions.

    Thanks in advance,
    Kumar

    • Investment Mantra says:

      Hello,

      Thank you for writing to us.
      Please mention few details with me to help you further.
      Please mention the age of your child so that accordingly suggestion can be made. Do mention years left for the goal.Also, mention a year of retirement.
      So you invest 6000 each in Birla Sunlife Floating Rate Fund-Long Term Plan (G) and ICICI Pru Flexible Income Plan(G) and then invest that amount in PPF?
      Good thing is that you have to make separate portfolios for each of your goals which is a commendable effort.

      Few suggestions:
      Portfolio 1# Child Education
      1. Exit UTI Equity Fund and invest in Mirae India Opportunities Fund – 10000 monthly. Move existing amount from UTI Equity Fund to Mirae India Opportunities via STP route and not lumpsum purchase.
      2. Continue HDFC Mid-Cap Opportunities Fund (G) – 10000 (monthly)
      3. If your goal is more than 7-10 years away, not sure why you want to invest in a debt fund. Please consider switching to Canara Robeco Emerging Equities Fund (G). Other suggestion is Birla Sun life Small and mid-cap fund.

      Portfolio#2: Child Marriage
      ICICI Pru Value Discovery (G) – 10000 (monthly) is a good fund.Please continue.
      PPF (1.5 lakhs) – Start investing in Franklin India High Growth Companies Fund which is a Multicap fund. Invest via SIP mode only

      Portfolio#3: Retirement (34000 monthly)
      ——————————————-
      1. Franklin India Bluechip (G) – 15000 (monthly) continue
      2. Franklin India Prima Plus (G) – 15000 (monthly) Reduce SIP to 5000
      3. DSPBR Income Opportunities Fund-Reg(G) – 4000 (monthly) – Stop SIP and move money to Mirae Asset Emerging Bluechip Fund (G) – 14000 K SIP. It is a very good fund and will give a push to your returns since you already have Franklin India Bluechip as part of conservative allocation.

      Redeem money from HDFC Equity and SBI emerging Bluechip fund immediately and move money among your existing funds via STP mode.

      For 20K additional investment, invest 10K in Kotak Select Focus Fund and 10K in Reliance Small cap fund via SIP mode.
      You can be bit aggressive and can do away with a Balanced fund for now.

      Do have a look and let me know in case of any queries.
      Please note I am AMFI approved Mutual fund Distributor. Please consult your financial advisor before taking any investment decision.

      Thank you,
      Salil

  21. Kumar says:

    Hi Salil,

    Lots of thanks for your time and repsonse.

    1. Age of my child is 7 years, so still having 10+ years of time for the education goal.

    2. Retirement also having alteast 15 years time.

    3. Yes, I have started investing 6000 each in Birla Sunlife Floating Rate Fund-Long Term Plan (G) and ICICI Pru Flexible Income Plan(G) to accumulate PPF amount for a year. But since PPF seems not a option for NRI, so thinking to continue investing in these funds for a while since its not even completed a year in this fund or should I stop this after a year completion and Start investing in Franklin India High Growth Companies Fund. What’s your suggestion here?

    4. Regarding investment in Debt fund, I just wanted to do a proper asset allocation between Equity and Debt in each portfolio where equity and debt ratio should be 70% and 30% respectively. That’s why each portfolio having a debt component.

    5. Birla SL Dynamic Bond fund-Reg(G) and DSPBR Income Opportunities Fund-Reg(G) not even completed a year, so should be wait for year completion and then switch to your suggested funds?

    6. Regarding redeemtion of HDFC Equity & SBI emerging Business fund, I noticed that from past few months these funds are performing really well as profit of HDFC equity only increased to 30k in just 3 months so was not planned for redeemtion. What’s your suggesstion here?

    7.Regarding addition of new funds for additional investment, I have read somewhere that investing in too many funds is also not good and also difficult to manage, so do you think its really required to go for new fund instead of doing top-up in existing fund?

    I just want to learn and understand it.

    Thanks again,
    Kumar

    • Investment Mantra says:

      Hello,

      Your point of asset allocation is absolutely correct and please continue to invest as per your asset allocation plans.
      Just i want you to make way for good funds such as Mirae India Opportunities, Mirae Asset Emerging bluechip Fund or a Franklin High Growth Companies or a Kotak Select Focus in your portfolio.

      I will recommend switching to Franklin High Growth Companies as investment delayed will make sure Power of compounding doesn’t work for you as it should.So once your thought process is clear, please do corrective measures.
      Your point 4 is understandable. So please continue.
      For 5, I will suggest you make the switch immediately but through STP mode.
      HDFC Equity & SBI emerging Business fund have underperformed for the long term. So I will suggest you to switch.
      As regards new funds, I don’t think you are adding too many funds to the portfolio. In addition, since you have clear chalked out goals and corresponding investments, so that should be ok.

      Let me know in case of any queries.

      Thank you,
      Salil

      • Kumar says:

        Hi Salil,

        Thanks again for your response.

        Based on your suggestion and few more consideration, I am in the final stage of reshuffling my portfolio and I need your suggestion again on my SIP portfolio review.
        I am thinking to create a diversified portfolio for each goal which contain mix of Large cap, Multi-cap, Mid-small cap and a Debt fund.

        I want to go for 75% ~ 25% equity-debt ratio overall.

        Hence I have chosen some new funds (from missed funds category).

        PORTFOLIO – Retirement
        1. Franklin India Bluechip Fund(G) (EQUITY-Large Cap, 10000 per month)
        2. ICICI Pru Value Discovery Fund(G) (EQUITY-Multi Cap, 7000 per month)
        3. HDFC Mid-Cap Opportunities Fund(G) (EQUITY-Mid Cap, 15000 per month)
        4. Birla SL FRF-Long Term Plan(G) (DEBT, 8000 per month)

        PORTFOLIO – Child Marriage
        1. ICICI Pru Bluechip Fund (EQUITY-Large Cap, 10000 per month) ………NEW
        2. SBI Magnum Multi Cap (EQUITY-Multi Cap, 7000 per month) ………NEW
        3. Franklin India Smaller Companies (EQUITY-Mid-Small Cap, 7000 per month) ………NEW
        4. DSPBR Income Opportunities Fund-Reg(G) (DEBT, 6000 per month)

        PORTFOLIO – Child Education
        1. SBI Bluechip (EQUITY-Large Cap, 10000 per month) ………NEW
        2. Franklin India Prima Plus Fund(G) (EQUITY-Multi Cap, 7000 per month)
        3. Mirae Asset Emerging Bluechip Fund (EQUITY-Mid-Small Cap, 7000 per month) ………NEW
        4. ICICI Pru Flexible Income Plan(G) (DEBT Cap, 6000 per month)

        Could you please suggest following:
        1. My thinking of mix of funds in each category for each portfolio is required now and good to go?
        2. Is the amount allocation between each fund category is okay or any correction required? Please note my all goals are 10+ years away.
        3. Is my any of funds/portfolio is overlapped?
        4. The newly selected funds are good enough or is there any better options?

        Seeking for your valuable feedback on above.

        BR,
        Kumar!

        • Salil says:

          Hello Kumar

          Thank you for writing back.
          Your portfolio now signifies lot more clarity about your investments and your goals. So congratulations on that.
          All funds mentioned by you are very good funds. So I won’t suggest many changes since it seems to be a carefully crafted portfolio from your side.
          Maybe a bit more push for returns, you can look at Mirae India Opportunities fund instead of any of large-cap/multi-cap funds as I expect Mirae India Opportunities to give relatively better returns in the long term.
          Also, do consider Franklin High Growth Companies Fund instead of Franklin India Prima Plus fund as part of Diversified fund allocation.
          All are good funds. The suggestion is only based on the potential to deliver relatively better returns.
          Rest portfolio looks good. Make sure you review your portfolio every 6-8 months.
          Let me know in case of any queries.

          Thank you,
          Salil

          • Kumar says:

            Dear Salil,

            Thanks a ton for your time and giving your suggestions. I will certainly consider this and change my portfolio accordingly.

            God Bless you!
            Kumar!

            • Investment Mantra says:

              Thank you, Sir.
              Do keep visiting the website and share it with your network if you find it useful.

              Regards,
              Salil

              • Kumar says:

                Hi Salil,

                Considering the current market crash, is it advisable to do additional (one-time top-up) investment in some of existing fund to take advantage of market down and to do average-out some of the funds?

                If yes, then which category of funds are suggested to do additional investment, I mean larger cap/diversified-cap/mid-and-small cap?

                Is this a right time for doing this?

                Please share your views on this.

                Thank you,
                Kumar!

                • Salil Dhawan says:

                  Hello Kumar

                  Good to hear from you again.
                  As a general rule, whenever you have a specific amount to invest for your long-term goals, it is always advisable to do so.
                  You can very well invest more into your existing funds. Just make sure you don’t invest lumpsum under any circumstances. Choose a Systematic Transfer Plan (STP) route. For example, you want to invest 25000/- in Mirae India Opportunities Fund. Do a purchase in Mirae Cash Management Fund of 25000/-.
                  Basically, invest the amount in a liquid fund of that fund house. Once that transaction is done, next day put s Systematic Transfer plan from liquid scheme to your fund in which you are doing SIP (in above case, Mirae India Opportunities Fund) – for example, 2000 weekly. You will keep on earning returns in a liquid scheme and you will stagger your purchase in an equity fund also. Dual benefits.
                  I am not an expert but at the current juncture, I will be more comfortable doing STP in a large-cap and multi-cap schemes. Again it’s my personal opinion and can vary from person to person. Midcaps and small caps are too overheated and will require a meaningful correction from this level.Anyways SIP’s are already in place.
                  All the best and i hope i answered your query:)

                  Regards,
                  Salil

                  • Kumar says:

                    Dear Salil,

                    Thanks a lot for your reply though you are mentioning that you are not a expert but your reply seems a expert advice to me 🙂

                    I got your point and agreed on it.

                    Apart from this, currently I have parked some funds in FD as a emergency amount but interest rates are very low. Do you think any other better alternative like Liquid fund?

                    If liquid fund then which liquid fund do you think to go ahead?

                    BR, Kumar!

                    • Investment Mantra says:

                      Thank you for your kind words.
                      For liquid funds, the first thing you do it to put your money lying in a bank account in either a Kotak or a Yes Bank where you will fetch relatively high interest. Make sure you keep enough liquidity with you so that you don’t have to redeem your long term investments such as in mutual funds before you reach your goal.
                      You can park excessive liquid amount in Reliance Money Manager Fund and have it redeemed when required.

                      Regards,
                      Salil
                      All the best and keep visiting investment-mantra.co.in for more.
                      Disclaimer: Please consult your financial advisor before taking any financial decision. Mutual Fund investments are subject to market risks, read all scheme related document carefully before investing.
                      Thanks
                      Salil

  22. THANGARAJ says:

    Hello

    I am new to mutual fund and I have started an SIP of 5K in UTI-Mastershare Growth fund (8-10 years plan)

    Now thinking having one more SIP 3K (5-7 Years) in the below funds.

    1. SBI blue chip

    2.HDFC balanced fund

    3.IDFC Focused Equity Fund – Regular Plan (G)

    4.Kotak Select Focus Fund – Regular Plan (G)

    Please suggest which is most preferred in the list.

    Thanks in Advance

    Thangaraj

    • Salil says:

      Thank you for writing to us.
      Since you are a new investor in the mutual fund, I will strongly recommend a Balanced fund for you. So you can look at investing 3K in HDFC Balanced Fund which has a track record of long-term performance.
      I will, however, recommend a switch from SIP of 5K in UTI-Mastershare Growth fund to a better performing fund such as Mirae Asset India Opportunities Fund or a Kotak Select Focus Fund.
      Keep tracking your funds’ performance and make sure you map your investments to your goals.
      I will recommend you to go through ‘SIP Basics’ article at investment-mantra.co.in/mutual-funds/sip-dos-and-donts/ which will be useful to you.

      Keep visiting investment-mantra.co.in for lots more.

      Regards,
      Salil

  23. Lokesh says:

    Hi sir,

    This is Lokesh Now i am 26. I can able to invest upto 3k to 5k in MF.
    My goal is 1.Car(5 lk)-Within 5 Years 2.Children Education-18 Years(20 lk) 3.My Retirement-30 years(50 lk). Kindly suggest me your valuable feedback.

    Yesterday i was join with Mirae Asset Emerging Bluechip Fund(SIP-1500) for my Children Marriage purpose. Is this company is best? pls advise

    • Salil says:

      Hello Lokesh

      Thank you for your query.
      Congratulations first of all for your decision to start early and this will help you a long way to achieve much bigger corpus. You need to make sure you keep the consistency of investing via SIP going and don’t panic in case the market corrects. Investments made in most bad times turn out to be most profitable investments.
      I think you have your goals defined which is a good thing. However, you need to rework your end corpus targets which seem to be on the lower side. You need to keep in mind that inflation will make sure that things get expensive every year and value of your money decreases. For instance, a car valued at 5 lakh today will be lot more costly 5 years down the line. So you need to plan accordingly.
      Do let me know if you need any help in deciding how much corpus you will need for your goals but it definitely needs rework.
      You need to map each of your mutual funds to specific goals.

      Mirae Asset Emerging Bluechip Fund is a good fund. So please continue with your investments.
      However, keep a diversified portfolio in place. So include a diversified fund such as Mirae Asset India Opportunities or a Kotak Select Focus.
      Invest 3K – Mirae Asset India Opportunities/Kotak Select Focus
      2K – Mirae Asset Emerging Bluechip Fund.

      Make sure you track your investments and keep investing.
      Email/Call me in case of any queries.
      Also, mention the place you belong to.

      Thank you,
      Salil

  24. Vinod says:

    Hi,

    I have a query regarding MF.

    Suppose someone starts SIP in some MF which is performing well, but after sometime it starts performing bad and it keeps going on, and in this case that person decides to stop SIP in this fund but does not withdraw money and starts SIP in another fund.

    In this case would idle MF, in which a person stopped investing, be generating any compounding return over a long time or it would just give the return based on the market value only at that time?

    If this is the case then how someone can get 12-15% return over 25 or 30 years and get corpus of more than 1 crore with SIP amount of 5000 for example, because it might be case over such long time some SIPs would be stopped and person would start some new SIPs based on performance of MF.

  25. Robin says:

    Hello Everyone.
    New to the SIP world. I have a decent salary & recently got married which made me think a lot about my financial planning.
    Goal: To invest 20k on monthly basis & going forward I would be able to increase the investment by at-least 10k by each passing year.
    However for now, could you please help me define the exact portfolio for 20k per month.
    Would appreciate all your inputs.
    TIA.
    Robin Garg

  26. Robin says:

    Hey Robin again…
    Based on the above discussion…I have planned below portfolio meanwhile… Please advise if I have to divest or invest in some other funds…
    Kotak Select Focus Fund – Regular (G) 3000 Large Cap
    Mirae Asset Emerging Bluechip Fund – Regular Plan Growth Option 3000 Mid Cap
    SBI Blue Chip Fund 2000 Large Cap
    Mirae Asset India Opportunities Fund 2000 MultiCap
    DSP-BRTax Saver Fund -Direct (G) 3000 ELSS
    Aditya Birla Sun Life Tax Relief 96 2000 ELSS
    Franklin India Prima Fund 3000 Mid Cap
    Axis Long term Equity fund 2000 ELSS
    Regards
    Robin Garg

    • Investment Mantra says:

      Hello Robin

      Thank you for writing to me and also congratulations on your marriage. Have a wonderful married life.
      It is good that you have thought about financial planning as responsibilities seem to only increase after marriage.
      Starting via SIP in mutual funds is a good idea and it will help you achieve your long-term goals.
      For 20K per month, you can do with utmost 4-5 funds. Don’t over diversify.
      1) First, check your 80C requirement. For instance, check how much you need to invest as part of 80C requirement as you must be having company PF deduction. In addition, check if you have some insurance policy which you can avail in 80C. For the balance amount invest in ELSS funds:
      You can consider Aditya Birla Sun Life Tax Relief 96 as the first choice. It has a great track record of consistent performance. For instance, if you need to invest 60K in ELSS funds for a year, you can start SIP of 5000/- per month in this fund. Second preference can be Reliance Tax Saver Fund. It is bit aggressive fund but since you are young, you can ride the volatility and continue SIP for a long time.
      Coming to other funds, you can opt for
      Mirae Asset India Opportunities Fund
      Kotak Select Focus Fund/BSL Equity Fund
      Mirae Asset Emerging Bluechip Fund
      Canara Robeco Emerging Equities Fund/HDFC Midcap Opportunities Fund

      Also, go through SIP do’s and don’ts at the link below:
      http://investment-mantra.co.in/mutual-funds/sip-dos-and-donts/

      Let me know in case of any queries and keep visiting investment-mantra.co.in
      Drop me an email at dhawansalil@gmail.com. Do mention place from where you are writing.

      Thank you
      Salil

  27. Robin says:

    Hey Salil

    Thank you so much for your revert. Appreciate all the inputs. Have written you over the email. Please do check.

  28. Sankar says:

    I am new in MF. I recently purchased Reliance Top 200 (Lump-sum of Rs.10,000) through online. I opted Demat format by mistake. However, the invested amount is not reflected in my portfolio. I contacted Reliance MF; they told to contact demat service provider. Then I contacted Share broker, they told I need to approach them with documents received from Reliance MF. I didn’t get any documents from them so far. Can you please help me how to solve this issues?

  29. Vivek Yadav says:

    Hello,
    I have started investing in SIPs One and half year back. My age is 33 years and I have an investment horizon of 10-12 years. My monthly investments are:-
    SBI Bluechip fund 5000
    Franklin high growth companies fund 5000
    ICICI value discovery fund 4500
    HDFC balanced fund 2000
    HDFC mid cap opportunities 3000
    Franklin smaller companies fund 3000
    DSP Back rock micro cap fund 1500.
    Please tell whether the selection of fund is correct keeping in mind the investment period of 10-12 years or it needs some change.
    I am also planning to invest in Mirae Asset Emerging Blue chip fund. Should I reduce some amount from existing SIPs or start a new one in the same.
    I have not invested in ELSS because I am a govt employee and I have an investment of 16000 in PF.
    Please guide.

    • Salil Dhawan says:

      Hello Vivek

      Thank for your query.
      You have a dream portfolio in place but run a risk of beginning to have too many funds in the portfolio.
      You are adding funds to your portfolio as you see a good fund which has delivered exceptional returns. Make sure you can’t invest in each good fund and need to make a portfolio depending on your goals, risk profile.
      Try not to have 5-6 funds in your portfolio. If you want to introduce new funds, evaluate why your existing funds don’t deserve additional SIP amount and if you want to churn anyone out.
      If you are investing for 10-12 years, you do away with a balanced fund. So 2000/- SIP you can move to HDFC Midcap Opportunities Fund.
      Start additional 5000/- in Mirae Asset Emerging Bluechip Fund as it is too good a fund to miss.
      Don’t add more funds to your portfolio. Increase allocation to large-cap and diversified fund such as SBI Bluechip Fund and Franklin High Growth Companies Fund going forward when you decide to increase your SIP.
      All the best and keep investing via SIP.

      Thank you,
      Salil

      Disclaimer: Please consult your financial advisor before taking any financial decision. Mutual Fund investments are subject to market risks, read all scheme related document carefully before investing.

  30. Subramani says:

    Hi
    I want to invest in MF
    I am 30, new to MF
    I have selected few as below

    1. Sbi mag multicap dir gr-5k
    2.Kotak sel focus dir gr-3k
    3.hdfc balanced dir gr-2k
    4.mirae ass emer bluship-dir gr-2k
    5.absl advantage fund dir gr-2k

    My investment horizon is 10 yrs.
    Any suggestions please…

    • Salil Dhawan says:

      Hello,

      Thank you for your query.
      All the funds you have selected are good ones.
      The only modification you can have is to drop ABSL Balanced Advantage Fund and move that 2K SIP to Kotak Select Focus Fund as that fund should be the core fund in the portfolio. You already have HDFC Balanced Fund in your portfolio. This way you will have a solid core fund in the portfolio with maximum allocation and will cushion your portfolio in a market downturn since you are a new investor and will slowly come to terms with market volatility.
      There is nothing like a good or a bad fund but its just how you want to position your portfolio.

      Disclaimer: Please consult your financial advisor before taking any financial decision. Mutual Fund investments are subject to market risks, read all scheme related document carefully before investing.

      Thanks & Regards,
      Salil

  31. Harminder says:

    Hello,

    I have started SIP in following funds this year. My age is 33 years and I have an investment horizon of 10-10 years. My monthly investments are:-

    Kotak Select Focus Fund – Direct Plan – Rs 20,000
    Motilal Oswal MOSt Focused Multicap 35 Fund – Direct Plan – Rs 10,000
    Mirae Asset Emerging Bluechip Fund – Direct Plan – Rs 10,000
    L&T Midcap Fund – Direct Plan – Rs 10,000.

    Kindly review my portfolio and let me know if any change is required. I have not included any small cap fund at this time but planning to add it in future. Is this right strategy?

    • Salil Dhawan says:

      Hello,

      Thank you for your query. Congratulations on starting your journey with mutual funds to achieve your long-term goals.
      You have selected good funds. I don’t see any changes to be done to the portfolio at the moment. Good thing you have done is not to include too many funds in the portfolio. Do remember your midcaps funds can be pretty volatile and you need to make sure you don’t panic when the market corrects as it is doing at present.
      Keep investing and make sure you map your investments to your financial goals. Surely do that as that will provide you roadmap how much you need to invest and for which goal you are saving for.
      All the best and keep visiting investment-mantra.co.in for more.

      Disclaimer: Please consult your financial advisor before taking any financial decision. Mutual Fund investments are subject to market risks, read all scheme related document carefully before investing.
      Thanks
      Salil

  32. sree says:

    Hi ,
    I am holding below investment ( as on 5th FEB 18 ) for wealth creation ( 15 -20 yrs),
    KOTAK SELECTD 13%
    ABSL TOP 100 16%
    ICICI VALUE 20%
    L & T EMERG FUND 13%
    DSP MICRO CAP FUND 38%. ( Due to high 25% cagr)
    I am having approx 50 lks in FD at 7.5%, 10 yrs.
    Could you pls let me know further opportunity in MF, like balanced or…
    Also is it advisable to convert FD to Debt scheme, if yes then which one.

    • Salil Dhawan says:

      Hello Sree

      Thank you for your query.
      All your fund looks good. I think there is no need for any changes at the moment in the portfolio.
      ICICI Pru Balanced and HDFC Balanced are good balanced funds. There is also a good fund ICICI Pru Balanced Advantage which you can consider.
      Keep that much money in FD also which gives you comfort and sound sleep.
      Make sure you don’t end up adding too many funds in your portfolio.
      For debt funds, at the current juncture, you can look to invest in short term debt funds as they will have low volatility.

      Thank you,
      Salil

  33. sree says:

    Thank you very much for your valuable feedback & suggestion.

  34. Amol S says:

    i have started SIP investments in following funds
    1)SBI Bluechip fund direct 2000rs
    2) L&T india value fund dirct 2000rs
    3) L&T emerging business fund direct 2000rs
    my time horizon is 20 yrs
    is my portfolio good or need some corrections plz comment

  35. fazil says:

    Is LTCG tax applicable to NRI investors in Mutual Funds those paid from their NRE account?

  36. raja says:

    Dear Sir,
    I am 38 years old. I am investing in the below mutual funds from Oct 2017. I am planning to invest for 5 years. Mirae asset emerging blue chip fund has stopped lumpsum investment, hence not able to invest while the market is down, please suggest whether to switch over. Also please look into my portfolio and kindly share your feedback.
    Mirae asset Emerging blue ship fund direct growth – 5k per month
    L&T emerging business fund direct growth – 5k per month
    Motilal oswal most focused multipcap 35 fund direct growth – 2.5 per month
    IDFC focused equity fund direct growth – 2.5 per month
    Principal emerging blue chip fund direct growth – 2.5 per month.

    • Salil Dhawan says:

      Hello Raja.

      Thank you for your query. I am 35 years old and definitely not Sir. I am trying to spread financial awareness among individuals so that we invest in equity markets for your long-term goal. Please make sure you consult a financial advisor.
      All your finds are good funds. No change required.
      Mirae Asset Emerging Bluechip Fund is an excellent fund and under any circumstances don’t discontinue SIP in the fund. Of course, current observation is based on performance so far and you need to keep monitoring all funds in future.
      Why you want to restrict your investments to 5 years. This portfolio will compound wealth for 15-20-25 years. Make sure you invest as per goals and not invest randomly. Link the funds to goals such as retirement for example which is a goal for you, me and everyone else. Keep inflation in mind while deciding to the corpus.
      In case of any queries, you call me or drop me an email but make sure you follow basics of SIP right.
      Regards,
      Salil

  37. Vikram Pratap says:

    Hello Sir, Team investment mantra..
    I would like share my MF investment portfolio for your suggestion.
    I have 4 SIP started just dec-2017 & Jan- 2018 (Reliance Small cap- Rs 1000, L&T Emerging business- Rs- 500, IDFC focused equity fund – Rs- 1500 & HDFC balanced fund-Rs- 1000)
    I want to invest Rs 2000/ Month more for long term around 15 year.
    My 1st investment goal corpus amount is around Rs 15 lacs after 15 child’s higher education.
    Hence request you please suggest me…I am a new investor in MF.

    Regards
    Vikram Pratap

    • Vikram Pratap says:

      Sir, I am 29 year old privet sector employee.

    • Investment Mantra says:

      Hello Vikram,

      Thank you for your query.
      It seems you have started investing in this funds looking at top performing funds for last year or so.
      Your portfolio looks good and doesn’t warrant any change at the moment.
      Don’t add more funds in the portfolio going forward. Increase SIP’s in existing funds only for now.
      You can increase allocation to IDFC Focused equity Fund by 2000/- as its important to make a strong portfolio base with a strong large-cap fund.
      Keep tracking your fund’s performance every 6-8 months.
      Let me know in case of any queries. All the best and keep visiting investment-mantra.co.in for more.
      Disclaimer: Please consult your financial advisor before taking any financial decision. Mutual Fund investments are subject to market risks, read all scheme related document carefully before investing.
      Thanks
      Salil

  38. Eshita says:

    Hi,
    I have started t invest in L&T Infrastructure Fund Direct plan of Rs 500 pm. Can you please suggest whether it was a good plan or not and whether i should continue with this plan or stop this investment.My time horizon is 20 years.
    Thanks.

    • Investment Mantra says:

      Hello,

      Thank you for your query.
      Do provide me more details as to your goal you want to achieve with this investment. What is your age and are you a first-time investor in mutual funds?
      It is never advisable to start investing in mutual funds through a sector fund. I will suggest building a strong portfolio of large-cap, multi-cap, mid and small cap funds first before looking into sector funds.
      You can start investments in Mirae India Opportunities Fund or a Kotak Select Focus Fund, to begin with. Map your investment to a goal and increase your SIP amount in accordance with corpus you targetting at.
      Let me know in case of any queries. All the best and keep visiting investment-mantra.co.in for more.
      Disclaimer: Please consult your financial advisor before taking any financial decision. Mutual Fund investments are subject to market risks, read all scheme related document carefully before investing.
      Thanks
      Salil

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