Hi Sreekanth,
My age is 30 years. As a start in MF, I have invested in below funds regular growth plan in June 2017, time horizon 5 years.
Could you please review below funds and also suggest one large cap fund time horizon 10-15 years. I heard that kotak select focus fund is better than SBI bluechip / birla sun life frontline. Please suggest which one should select among these for Sip in large cap fund.
ICICI PRUDENTIAL BANKING & FINANCIAL services - Nav 56.55 ( One time 55, 000)
Hdfc balance fund - 137.41( One time 20,000)
Reliance banking fund - 243.04 ( One time 10,000)
LIC MF banking - 11.65 ( One time 10,000)
Mirae asset emerging fund - 45.45 ( SIP -5,000)
1 Answers
Hi,
If your investment time-frame is around 5 years, Sector oriented funds can be very high risk bets.
HDFC balanced & Mirae Emerging funds are good funds.
Kotak Select Focus can be considered as a Multi-cap fund, where as the other two funds are Large cap oriented funds.
Kindly read :
https://www.relakhs.com/best-mutual-fund-scheme-risk-ratios/
https://www.relakhs.com/mutual-fund-categories-market-capitalization-large-cap-vs-mid-cap-vs-small-cap-funds/
https://www.relakhs.com/best-mutual-fund-schemes-2017/
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