Hello Sreekanth,
Thanks for your valuable advice in the past, so that I started investing in mutual funds.
My current MF investments:
Axis LTE (inactive now due to Home loan),
Hdfc hybrid equity fund,
Franklin India equity fund,
Franklin smaller cos fund.
I started investing thru SIP in Franklin eq fund from Aug'19. Its XIRR is 27% now. But in your article you ignored this fund citing less returns.
My question is, is it right to evaluate Sip returns by XIRR?
If I am wrong, Can i start investing
Kotak std. multicap (High AUM, is it bad?)
Or
Parag parikh long term eq fund.
Thanks in advance.
Happy Sankranthi!
With regards,
Ram
4 Answers
Dear Ram,
It is right to use XIRR.
Do not worry too much about AUM.
May I know your investment horizon? Do you also invest/save in debt products like EPF/PPF etc? (Asset allocation)
Related article :
Dear Sreekanth,
I am planning to invest in this fund for atleast 15 years.
Regarding debt instruments, I have invested in EPF, liquid fund and also in Maxgain OD account.
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