Is this consolidated market for new investment in MF

Hi, Suggest you not to worry unduly about daily or short term Market movements (Volatility). If you have setup SIPs, do continue with them and when market is in downtrend continuously for some days, you may make additional investments in the same existing funds. Since how long have you been investing in MFs? May I know your investment time-frame?

Hi, Suggest you not to worry unduly about daily or short term Market movements (Volatility). If you have setup SIPs, do continue with them and when market is in downtrend continuously for some days, you may make additional investments in the same existing funds. Since how long have you been investing in MFs? May I know your investment time-frame?

Dear Gilbert ji, (Based on your 'Pvt reply', kindly find my answer as below..) May I know the details of your existing Mutual Fund schemes? Are these part of your Retirement planning and would like to redeem in next 5 to 10 years?  

Dear sir,  Once again thanks for your prompt response. Pls find below my current mf investments as requested to enable you to guide me 1) Birla SL mnc fund dividend reinvest. Bought in November 2009 at initial amount of Rs 1.25 laks. 2) Franklin Temp  build India fund (direct). Bought in February 2017 for initial amount of Rs 2.0 laks 3) Franklin Temp high growth cos fund regular growth bought in June 2015 at initial amount of Rs 1.75 laks. 4) Reliance small cap fund direct growth bought in April 2017 at initial amount of Rs 2.0 laks 5) Reliance tax saver ELSS regular growth bought in March 2015 at initial amount of Rs 3.0 laks 6) Kotak emerging equity fund regular growth bought in April 2015 at initial amount of Rs 2.5 laks. I wish to invest another five laks rupees during May and June 2017 in two or more funds and another amount (say 1.5 laks?) in ELSS as tax saver before March 2018. I would prefer to go direct rather than broker. Time frame would be five to ten years. Though reaching sixty, i do not require funds for expenses right now. So, its for building growth. Further, we do not have any medical insurance as of now and need to buy a policy prefersbly to cover medicine and lab tests required by both me and my wife as we both are diabetics. Pls advise a suitable policy. Please advise. Regards Gilbert

Dear Gilbert Ji, Birla MNC is more of a mid-cap oriented fund, Franklin build india is an Infra oriented fund, Franklin HGW is a multi cap fund, Reliance small cap , one ELSS fund and Kotak fund is a mid cap fund. Based on this allocation, you are taking very high risk . Suggest you to add one Large cap fund and one Equityoriented balanced fund to your portfolio. Ex : SBI Bluechip fund / Birla Frontline equity and HDFC balanced fund. You may have a re-look at Birla MNC, Franklin Build India & Kotak funds. In mid-cap there are better funds in this category than Kotak Emerging equity fund. Kindly read : https://www.relakhs.com/best-mutual-fund-schemes-2017/ https://www.relakhs.com/mutual-fund-portfolio-overlap-comparison-tools/ https://www.relakhs.com/best-mutual-fund-scheme-risk-ratios/ https://www.relakhs.com/best-elss-funds-2017-2018/

Also, kindly take mediclaim policy at the earliest and do not postpone it... Kindly read : https://www.relakhs.com/diabetes-hypertension-health-insurance/ https://www.relakhs.com/health-insurance-parents-senior-citizens/ https://www.relakhs.com/best-health-insurance-comparison-websites-portals/ https://www.relakhs.com/factors-tips-best-health-insurance-plan-india/