Please suggest me, is it advisable to investment in "SBI FMCG Fund - Direct Plan" plan in the current situation with GST Bill. And what's the possibility of good return from this fund in future? Please suggest?
A very important lesson we have learned over many years is that one should not try timing the market or market events while investing in mutual funds. One should keep things simple and invest based on one’s risk profile, should have a long term view on investments and stick to asset allocation.
With regards to FMCG Funds, please note that we do not speculate on events and therefore cannot suggest whether to invest in SBI FMCG Fund or not in the light of GST implementation? Moreover, are you aware that SBI FMCG fund is a sector fund and that the sector funds are the most risky? If your idea is to take high risk in anticipation of high return then you may invest in sector funds. Else, for the long term wealth creation investing in diversified equity funds are the best bet. SBI Magnum Multi-Cap Fund is a very good choice in this category.
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