Dear S Reddy,
Thanks for your Q&A Forum and your advice.
I would like to invest about 10L in Equity Funds and 10L in Balanced Funds (Assumed these are aggressive funds) and the time frame will be 4 to 5 years.
1. SBI Small Cap Fund (G) - 2 Lakhs
2. Reliance Small Cap Fund (G) - 2 Lakhs
3. Axis Mid Cap Fund (G) - 2 Lakhs
4. HDFC Small Cap Fund (G) - 2 Lakhs
5. L&T Emerging Businesses Fund (G) - 2 Lakhs
6. SBI Equity Hybrid Fund (G) - 2 Lakhs
7. L&T Hybrid Equity Fund (G) - 2 Lakhs
8. HDFC Balanced Advantage Fund (Dividend) - 6 Lakhs
Pls provide your valuable suggestion/comments..
Regards,
K Jothilingam
5 Answers
Dear Jothilingam,
May I know your investment objective(s)? Have you already invested in any MF scheme(s)?
Any specific reason for shortlisting a 'Dividend' plan? Do you need a periodic income from these investments?
Dear Reddy,
Thanks for your reply. Yes, i already have different MFs mostly equity based.
My main objective is just investment, no urgent requirement for next 4 to 5 years.
Reason for one Dividend fund - No specific reason, but, i planned to utilize the dividend amount for existing SIP which i would like to increase the SIP value..
Regards
K Jothilingam
Dear Jothilingam,
If your investment objective is to accumulate wealth, you may kindly avoid opting Dividend plan.
For an investment horizon of around 4 years, advisable not to pick small/mid cap funds. You may be better off to stick to Hybrid and/or Debt funds itself.
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- Budget 2018 LTCG Tax on Equity Mutual Funds & Important Implications
- Is creating wealth through Systematic Investment Plan (SIP) a hoax?
Dear Reddy,
Thanks for your comments. Ok i will avoid - Can you pls suggest best Hybid Fund for long term for next 4 to 5 years
Regards,
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