hi SHREE
I HAVE INVESTED A TOTAL SUM OF RS 5000 PM ON THE FOLLOWING PLANS EACH WITH RS 1000
1-IDFC Focused Equity Fund-Growth-(Regular Plan)
2-219-Franklin India Smaller Companies Fund-GROWTH.
3-ICICI Prudential Balanced Advantage Fund - Regular Plan - Growth
4-SUNDARAM S.M.I.L.E FUND REGULAR PLAN GROWTH
5-Mirae Asset Emerging Bluechip Fund- Regular Plan Growth Option- Growth
REQUESTING YOU TO KINDLY GUIDE ME WHETHER INVESTEMENT ARE ON RIGHT DIRECTION OR NEEDED TO BE MODIFIED, SINCE I HAVE INVESTED THROUGH AN AGENT FOR A PERIOD OF FOR YEAR MINIMUM.
NAMISH
2 Answers
Hi,
Is your SIP period 1 year or your investment time-frame is one year? (do you need this money after 12 months??)
its for four (04) years
its for four (04) years
Hi,
If your investment time-frame is around 4 to 5 years, advisable to stick to Equity oriented balanced fund(s) only. The other fund categories can be risky especially the mid/small cap funds.
Related articles :
https://www.relakhs.com/best-balanced-mutual-fund-schemes-review/
https://www.relakhs.com/best-mutual-fund-scheme-risk-ratios/
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