FUND SELECTION - Q & A Forum

Q & A Forum › Category: Mutual Funds › FUND SELECTION

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asu12 asked 9 years ago

SIR, FOR LUMP SUM INVESTMENT (FOR10 YEARS) WHAT KIND OF FUND SHOULD BE PICKED? LARGE CAP/ MID CAP/ BALANCE FUND

3 Answers

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Sreekanth Staff answered 9 years ago

Hi, Ideally Mid-cap can be considered. But it depends on ones investment objectives & existing portfolio also.

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asu12 answered 9 years ago

INVESTMENT OBJECTIVE WEALTH CREATION EXISTING PORTFOLIO- LUMP SUM UTI BALANCE FUND 570000 HDFC EQUITY 30000 DSP BR TAX SAVER 30000 SIP UTI MID CAP 1000 HDFC MID CAP 1500 ICICI PRU VALUE DISCOVERY 1000 I WANT TO REDEEM THE LUMP SUM (570000+30000) AND INVEST IN A FRESH FUND . NOW WHAT IS YOUR SUGGESTION ?

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Sreekanth Staff answered 9 years ago

Hi, You may re-invest the redeemed amount in HDFC Mid-cap & ICICI Value discovery funds. If you would like to take higher risk, you may allocate higher amount to mid-cap fund.