I am Venkat. I am a new MF investor. I am regularly visiting your website for Mutual Fund information and Thanks for your advises. My current portfolio is - ABSL Pure value - 1000/pm - 5/10 yrs, Reliance Small Cap - 1000/pm - 5/10 yrs. Now I wish to add following funds with Rs. 1000\pm each. Please suggest from following funds - Franklin India Smaller Companies, Canara Roboco Emergency Fund, Mirae Asset Emerging Bluechip Fund, L&T Emerging Business Fund Growth. My Total investment limit is 5000/6000/pm only. I will continue my investment upto 10 years. Kindly Advise me, as I am new to this type of investment?
Good to know that you visit our website regularly.
You are investing in two good mid and small cap funds - ABSL Pure Value Fund and Reliance Small Cap Fund. Please note that mid and small cap funds can give you the best return in the long term but they carry high risk also. Therefore, if you are ready to take high risk then only continuing with these funds will make sense.
For your new investments, I think investing in 4 funds with Rs 1,000 in each is too much. Restrict it to two funds only i.e. Rs 2,000 each - I think. starting SIP in Canara Roboco Emerging Equities fund and Mirae Asset Emerging Bluechip Fund could be a good idea.
As your investment horizon is long, marking these investments with one of your long term goals could be a good idea!
As you are a new investor you can visit this section on our website to learn about mutual funds https://www.advisorkhoj.com/articles
To know more about top mutual funds, you may visit our mutual fund research section https://www.advisorkhoj.com/mutual-funds-research
Wishing you the best :)
Aug 29, 2019 by Nandu
Aug 26, 2019 by Dhiraj
Aug 18, 2019 by Dr. Ketan S Trivedi
Aug 16, 2019 by Sanjay Gargish
Aug 3, 2019 by Chirag Agrawal
Jul 30, 2019 by Abhishek Shah
Jul 28, 2019 by Dr. Pradip Kumar Chatterjee
Jul 27, 2019 by Pravin Jain
Aug 26, 2019 by Joel A Peres
Jul 25, 2019 by Rabindra Chandra Bhattachara
Nov 22, 2024 by Advisorkhoj Team
Nov 22, 2024 by Advisorkhoj Team
Nov 21, 2024 by Advisorkhoj Team
Nov 21, 2024 by Advisorkhoj Team
Nov 20, 2024 by Advisorkhoj Team