I would like to start MF Investments and my horizon is 5 to 7 years and I can take about Average risk level.
I can invest about 7 L lumpsum and also do a 5000 monthly SIP
Based on this great work that you have done to build this site and I am deeply thankful for all the advice here..
I would still like to run this by you before taking this plunge as I am just starting and learnt all by myself just by reading your site and ideas esp the goal idea
MF
Category
Lumpsum Investment
SIP
SBI Bluechip Fund
Large Cap
75000
500
Birla SL Frontline Equity Fund
Large Cap
75000
500
ICICI Pru Value Discovery Fund
Diversified
100000
500
L & T Value Fund
Diversified
100000
1000
UTI Mid-cap Fund
Mid Cap
100000
500
HDFC Mid-cap Opportunities Fund
Mid Cap
100000
500
DSP Micro Cap Fund
Small Cap
75000
1000
SBI Small & Mid Cap
Small Cap
75000
500
Please let me know
1 Answers
Hi,
Thank you for your appreciation!
Considering your investment time-frame and risk profile, you may consider no to invest heavily in Mid/Smal cap funds like UTI Mid-cap Fund, HDFC Mid-cap Opportunities Fund, DSP Micro Cap Fund & SBI Small & Mid Cap.
Large cap funds & Equity oriented funds can be your high priority. You may set-up SIPs in them.
Lump sum investments in the same schemes can be done, but instead of investing lump sum you may opt for STP (Systematic transfer plan) for next 12 months or so, from Liquid funds to Equity funds.
Ex : HDFC Liquid fund to HDFC Balanced fund.
Suggested readings :
https://www.relakhs.com/best-mutual-fund-schemes-2017/
https://www.relakhs.com/best-balanced-mutual-fund-schemes-review/
https://www.relakhs.com/best-mutual-fund-scheme-risk-ratios/
https://www.relakhs.com/mutual-fund-portfolio-overlap-comparison-tools/
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