NEED ADVICE /GUIDANCE FOR MF SIP

Q & A Forum › Category: Investments › NEED ADVICE /GUIDANCE FOR MF SIP

ANPEND58 asked 7 years ago

Dear Sir I currently have 4 SIPs running. They will complete 3 years by end of Mar 19. All are direct, growth.They are:- a) SBI BLUECHIP b) ABLS BANKING AND FIN SERVICE c) DSP BR SMALL CAP d) SUNDARAM SELECT MIDCAP I would like to continue in SAME SECTORS. Pl advice if I should continue in same funds or change to other MF. I am a pensioner and there is NO redemption pressure.

4 Answers

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Sreekanth Staff answered 7 years ago

Dear Sir, May I know your investment objective(s) and time-horizon?

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ANPEND58 answered 7 years ago

Dear Sir The objective is to earn better returns than FD / RD (post tax) and the time horizon is another 5 to 10 years.. Regards Anand

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Sreekanth Staff answered 7 years ago

Dear Anand, Your portfolio has high risk profile. It consists of one mid-cap, one small-cap and one sector oriented MF Schemes. If your investment horizon is less 5 to 10 years, you may retain your bluechip fund, can add a balanced fund and/or a Mutti-cap fund. You may reduce allocation to Mid/small cap funds. Kindly read :

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jigneshshah answered 7 years ago

Thank you!