I am 31 now and have decided to start SIP from the next month. I have zeroed in on SBI Bluechip, ICICI Pru Value Discovery, UTI Midcap and Reliance Small cap, want to invest Rs 5000 monthly in each of these funds. My goal is wealth creation, horizon is long term and am okay with moderate risk. Have I selected right funds? Please give your feedback?
Though you selected right funds from large cap, diversified equity and mid & small cap category of funds, these funds may not be suitable for you as your risk profile is 'Moderate'. These funds are ideally suited for investors with 'moderately high' to 'high' risk profile looking for long term wealth creation through mutual funds.
Therefore, if you can take higher risk than the risk profile you have mentioned, go with these funds or else write back to us for further suggestions.
Thanks for writing to Advisorkhoj !
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 Axis Mutual Fund
Nov 22, 2024 by Advisorkhoj Team
Nov 22, 2024 by Advisorkhoj Team
Nov 21, 2024 by Advisorkhoj Team
Nov 21, 2024 by Advisorkhoj Team