Dear Sriikanth,
I hope you are doing great.
I have 11 Lacs in L&T ultra-short Term fund, because of the Recent crash in Market, I thought redeeming the money and invest the same in Multi cap, Large-cap fund and in a Hybrid Aggressive fund. I do not need this money immediately.
I am ready to wait for minimum of 5 years.
Below are my choices,
- 5 Lac in HDFC Hybrid Equity Fund
- 3 Lac in a good Large-cap ( SBI Bluechip or Axis Bluechip Fund)
- 3 Lac in Multi cap fund, Mirae Asset India Equity Fund.
- Instead of 2 and 3, 6 Lac in Multi cap fund, Mirae Asset India Equity Fund. As am very fond of Mirae Asset India and I believe a lot in their management.
3 Answers
Hi,
May I know if you have any existing Equity MF schemes that you are invested in??
I believe that this current market scenario is just a correction and can not be termed as a market crash (as of now)!
Thanks for the reply.
Below is my current exposure :
ELSS:(For my retirement) SIP
Axis Long Term Equity – 4k
Franklin Taxsheild- 4k
For my Kid (9 month old) college fee
HDFC mid cap : 4.5k
SBI small cap:4.5k
I agree it is a correction, I want to shift my bank savings as my long term investment into Large-cap and multi-cap.
Hi,
You may add a equity hybrid fund ex HDFC Hybrid Equity fund and one large-cap fund.
You can have a look at large cap index funds instead of actively managed ones. Ex : UTI Nifty index fund.
Related articles :
Every investor enters the share market with different investment motives. Some expect quick returns while others long for long-term investments and maintain a strong, balanced portfolio. However, every investor should follow the share market basics during their investment journey.
The share market basics are full of handy tips. They are –
• Set goals: Always invest with an objective in mind. Before beginning, link it with short-term or long-term goal.
• Risk tolerance: Considering the volatility of the market, it is essential to know the risk tolerance level.
• Selection of stocks: One should avoid investing in penny stocks and do not follow word of mouth mode.
• Emotions: One of the hurdles every investor's faces are emotions. Control them while deciding the stocks.
• Understand basics: Grasping share market basics is a given. Most of the investors skip this part of the process.
• Diverse investments: While every investor takes the utmost care to maintain a diverse portfolio, others overlook them.
• Risk tolerance: Considering the volatility of the market, it is essential to know the risk tolerance level.
• Selection of stocks: One should avoid investing in penny stocks and do not follow word of mouth mode.
• Emotions: One of the hurdles every investor's faces are emotions. Control them while deciding the stocks.
• Understand basics: Grasping share market basics is a given. Most of the investors skip this part of the process.
• Diverse investments: While every investor takes the utmost care to maintain a diverse portfolio, others overlook them.
Thank you for sharing your views and suggestions!
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