Have I selected the right funds for 10+ years investment

I am 35 year old. I already invested in "Mirae Asset Emerging Bluechip", "Franklin india smaller companies fund", "Mirae Asset India Opportunities Fund", "Kotak Emerging Equity Scheme" and "L&T India Value Fund". Please let me know are they fine. How about "Kotak select focus fund", "HDFC Mid-Cap Opportunities Fund" and "Reliance Small Cap Fund". Please let me know your inputs. I can have aggressive risk profile and planning to invest more than 10 years?

Apr 23, 2017 by Vishnu Beema, Bangalore  |   Mutual Fund

You have selected good funds. Please note that, all the funds that you have selected, except Mirae Asset India Opportunities Fund, are small / midcap funds. Since you have an aggressive risk profile and long investment horizon (10 years+) your fund selection will work fine, because midcap funds tend to outperform large cap funds in the long term. Among the other funds that you are enquiring about, HDFC Mid-Cap Opportunities and Reliance Small Cap Fund are also small / midcap funds. Since you already have 4 midcap funds in your portfolio, benefits of adding more funds of similar type will be quite limited. However, If you want to increase your exposure to large cap then Kotak Select Focus is a good choice.

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