Sir,
I want to know that should I continue sip in UTI MNC fund (investment since April,2016) as my long term sip investment ? If not please suggest me what should I do ? Actually sir after investing in this sip plan I have gone through your Blog and seen your advice for long term goal , so the investment (uti mnc fund for long term horizon 20-25 years) could be a bad choice for me , that's why I want to get your advice.
1 Answers
Hi dear,
UTI MNC can be considered as a 'Diversified Equity Fund'. It is a decent fund. Kindly do not review or switch to a different fund based on Short-Term view. If you are planning to add one more MF scheme (as SIP), you may consider one Mid-cap or Small cap fund (as you have >20 year investment horizon). Ex : Franklin Smaller companies fund / DSP micro cap fund.
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