I have recently invested Rs. 2000 each to Franklin India Smaller Co. Fund, Sundaram Rural India Fund and Sundaram Select Midcap each. Is it a wise decision? I am working, 27 year old?
Investments in mutual funds should be made based on your risk profile.
The funds you have selected are amongst top performing in mid & small cap category and ideal for investors with high risk profile and investment horizon of 5+ years.
Since you are only 27 and working and feel that you can take high risk, continuing with these funds makes sense. In case you can not take high risk then do write back to us for further suggestions.
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