help regarding Mutual Fund investments

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Ravi123 asked 10 years ago

Hi anna
I m a mutual fund investor.
Investing 5k everymonth in AXIS LTE fund. My friend said that fund is not performing well
Should i continue it?
My second question;
In investing 3k in Tata balanced fund regular growth
Is SIP is good or lump sum is good?

Im also investing in birla SL TAX RELIEF 96 REGULAR 3K
BIRLA TOP 100 FUND GROWTH REGULAR 3K
BIRLA SL ADVANTAGE FUND 2K
SO IT is good to investing all in one company
At time of investing my financial advisor said it is ok.
Pls suggest
Whether it is ok or not?

2 Answers

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Best Answer

Sreekanth Staff answered 10 years ago

Hi dear Ravi, You may ask your friend, based on what parameters has he/she concluded that Axis LTE fund is not performing well?? Different people will have different opinions. If you believe that this fund is a right choice for you, stick to your conviction. Personally, I do have investments in this fund and I am satisfied with its performance. May I know your investment horizon (time-frame)? It is advisable to invest funds across 2 to 4 different AMCs. Fund managers of AMCs will have their own investment styles/strategies and fund houses in specific can have different operating procedures/principles. So, why should we miss this? Better to diversify across the schemes offered by different AMCs.

Ravi123 replied 10 years ago

Thks for clarification

Ravi123 replied 10 years ago

My time frame is for 8years.
What about Tata balanced fund equity oriented balanced fund anna
Will SIP works or lumpsum is gud in balanced funds?

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Sreekanth Staff answered 10 years ago

Hi Ravi, If your time-frame is 8 years, kindly go ahead with TATA balanced fund. If you lump sum amount waiting to be invested, just do it :) Read: http://www.relakhs.com/top-best-balanced-mutual-funds-returns/