Should I add sector funds in my existing mutual fund investments

I have already running monthly SIPs of approx 25,000 in ICICI Value Discovery, SBI Bluechip, BSL Equity & Mirae Asset Emerging Bluechip. Would it be wise to add a few sector funds for some lumpsum investment? If so which funds?

Apr 7, 2017 by Arijit Roy, Kolkata | Mutual Fund

You have done SIPs in top performing funds from diversified, large cap and mid & small cap funds which you should continue for the long run.

With regards to lump sum investments in few sector funds, please note that investment in sector funds are meant for investors having very high risk taking appetite. You also need to have a very long investment horizon for these kind of funds.

We think, the best investment choice for lump sum investment for at least 5 years horizon is diversified equity funds. You may consider investing in ICICI Prudential Value Discovery Fund, Mirae Asset India Opportunities Fund, Birla Sun Life Advantage Fund or Birla Sun Life Equity Fund.

However, if you still think that you are ready to take high risk in order to get high returns from sector funds, you may consider investing in infrastructure and banking sector funds.

Thanks for writing at Advisorkhoj.

View All Queries

You haven't found the answer for your queries? Do post your queries to us.
POST A QUERY