Need advise on MF investments

Q & A Forum › Category: Investments › Need advise on MF investments

Gajanan asked 7 years ago

Hello srikant sir, Thanks for ur previous helpful responses. Now I have taken medical family floater insurance from star health covering 10L. recently I have started investing in MFs with SIP/Lumpsum, having no adequate knowledge.

ICICI US bluechip equity fund 9K Lumpsum
MOtilal Oswal long trm equity 5K Lumpsum
TATA india tAx savings fund 5K lumpsum
SBI magnum medium duration 5K lumpsum
ICICI multi asset fund 1.5 SIP
LnT emerging businesses 1K SIP
Mirae asset hybrid equity 1.5 SIP
Reliance nivesh Lakshy fund 1.5 SIP
Reliance Gilt Securities 5K lumpsum

so please help me and suggest me what to continue OR not ?

3 Answers

0 Vote Up Vote Down

Best Answer

Sreekanth Staff answered 7 years ago

Hi, May I know your investment objectives and time-horizon? Related article : Top Mutual Fund Schemes to invest in 2019 | Best Equity Funds for Long-Term

Gajanan replied 7 years ago

My Objective is to create wealth for family future in next 5-10yrs+

0 Vote Up Vote Down

Gajanan answered 7 years ago

And I just want to know about MF I have chosen, are they helping me to create wealth?

0 Vote Up Vote Down

Sreekanth Staff answered 7 years ago

Hi, You have a diversified portfolio. However, you have only 4 active SIPs. You may continue with your investment portfolio.