I have recently published an article on Best Equity Mutual Funds to invest in 2016 and have been receiving lot of queries on Mutual Fund categories topic like ;
- What exactly are Large cap or Mid cap or Small Cap funds?
- Large cap vs. mid cap vs. small cap – What’s the difference?
- Is it necessary to allocate money between the various fund categories of mutual funds?
These are indeed very important questions. So first, let’s discuss about what is market capitalization (cap), and then about various types of mutual fund categories based on the market caps.
What is Market Capitalization?
Equity Mutual Funds primarily invest in stocks (company shares) and they are often grouped by the size of the companies they invest in – big, small or tiny. By size we mean a company’s value on the stock market which is known as ‘Market Capitalization’ (or) Cap size. (‘Cap’ or ‘market-cap’ here simply stands for Market Capitalization)
Market Capitalization = Current Market Price of share x Total no of Shares outstanding
(Outstanding shares = total number of shares in circulation (held) by shareholders)
So if a company has ’10,000’ shares outstanding that are trading at current market prices of say Rs 50 per share, the company’s market cap as of today is Rs 5 Lakh.
Below are top 10 companies by market capitalization on Bombay Stock Exchange (BSE, as on 28-Jan-2016).
So, if a mutual fund scheme invests a major portion of its corpus in Large companies then it can be classified as a ‘Large-cap’ fund.
Mutual Fund Categories – Different Market Caps – Large Cap, Mid-cap & Small Cap
Equity Mutual Funds can be classified as Large cap, Mid-cap (or) Small cap funds based on the size of the companies in which the fund invests and not the size of the mutual fund itself.
- Large Cap Mutual Funds: Large cap mutual funds invest in large cap companies i.e. companies which have market capitalization of more than Rs 200 billion (Rs 20,000 crore). One can look at the BSE-Sensex or BSE-100 Index as a reference point for large cap stocks. Market capitalization for stocks in the BSE-100 Index, for instance, ranges from Rs 200 billion to Rs 3,500 billion.
- Example : Birla Sunlife Frontline Equity
- Mid-cap Mutual Funds : The mid-cap oriented mutual fund schemes invest in companies having moderate market capitalization, ranges from Rs 50 billion to Rs 200 billion.(BSE Mid-cap index can be considered as the reference point)
- Example : HDFC Mid-cap Opportunities Fund. Around 26%, 52% & 16% of fund’s assets have been invested in Large, Mid & Small cap stocks respectively.
- Small-Cap Mutual Funds: The Small-cap oriented mutual fund schemes invest in companies having small market capitalization ie less than Rs 50 billion. (BSE Small cap index can be considered as the reference point for small cap stocks)
- Example : DSP Micro-cap Fund. Around 37% & 68% of fund’s assets have been invested in mid-cap and Small-Cap stocks respectively.
Besides above, you might have also heard about ‘Multi-cap’ funds or Diversified Equity Funds. So what are multi cap funds?
Multi-cap Funds are diversified mutual funds which can invest in stocks across market capitalization. The scheme’s assets can be invested in shares of large, medium (or) small size companies.
How to check if my mutual fund is a Large Cap or Mid cap fund?
- Investment Objective of the MF Scheme: You can get a rough idea about the type of the fund or to which fund class it belongs to by going through the MF Scheme’s investment objective. (You can visit mutual funds section of moneycontrol.com and click on ‘overview’ of any mf scheme to know its investment objective)
- For example : The investment objective of ICICI Prudential Focused Equity Fund is : “It is an open-ended equity scheme that seeks to generate long-term capital appreciation and income distribution to unit holders from a portfolio that is invested in equity and equity related securities of about 20 companies belonging to the large cap domain and the balance in debt securities and money market instruments”.
- So this ICICI Fund primarily invests in Large cap companies and hence it is classified as a Large cap mutual fund.
- You can analyze the Mutual Fund Scheme’s Portfolio and get to know if it is a Large cap or mid-cap or a multi cap fund.
- You may visit valueresearchonline.com and click on ‘portfolio’ option of any mutual fund scheme.
- For example : Franklin India High Growth Companies Fund has been classified as Multi-cap or Diversified Equity Fund. Around 60% (50+12.9) of the fund’s portfolio is invested in Large cap stocks, 30% in Mid-cap stocks and around 6% in small cap stocks.
Which Mutual Fund market cap suits me?
If you would like to construct the best mutual fund portfolio, you need to allocate monies across the various market cap funds. Kindly note that market capitalization is one the important factors only and your investment plan should be based on other important factors like your financial goals, time-frame, mutual fund scheme’s investing style, load factors and taxation. (Pic source : karvyvalue.com)
Below are some of the important points to ponder upon;
- Large-cap funds can be great for investors who would like to take moderate risk. Large cap funds can give stability to your MF portfolio.
- If you have an investment horizon of say 5 years, you can consider investing in Large cap or Multi-cap funds.
- Mid & Small funds can outperform the large-cap funds during BULL phases. But do remember that they may under-perform during the BEAR market periods. They were worse affected in the bear phases in 2008 and in 2011.
- So, Small & Mid-cap funds are more volatile than large cap oriented funds. However, over a long-time horizon (> 7 years) the mid-cap funds have the potential to out-perform the Large-cap funds.
- By investing in small & mid-cap funds and Multi-cap funds , you will be able to have an exposure to a wider variety of stocks which will have a higher potential to do well in the future, in addition to diversifying your portfolio risks.
- If you are an young investor and planning for long-term goals like your Retirement or Kid’s Education goals, I believe that you can consider investing in one or two good Small & Mid-cap oriented funds through SIP mode (Systematic Investment Plan). Small and mid-cap fund & one Diversified Equity fund should definitely form a part of your investment portfolio.
Different market periods can give different returns and past returns may or may not be repeated. So, when you are creating your mutual fund investment portfolio, you can make sure it consists of a combination of large-cap, multi-cap & mid/small cap funds based on your financial goal(s). You should keep a track of your portfolio performance and can make adjustments based on market conditions/your financial situation.
(Image courtesy of foto76 at FreeDigitalPhotos.net) (Risk Vs Return trade-off pic source : karvyvalue.com)
This post was last modified on July 11, 2023 10:49 am
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Hi Shreekant
I am 26 years old with monthly income of 60000/- I am self employed so currently no PFs. No other financial commitments. Was planning to start investing In SIP/mutual Funds as a long term investment opportunity.
I have a rudimentary understanding of the equity market.
Was planning to start by investing in 3 MF
1)MF1 =2000/month short term (3years<less)(Purpose:Good returns on avg risk portfolio)
2) MF2=3000/month mid term (5 years)(Purpose: Tax savings and moderate returns)
3)MF3=4000/month Long Term(10-15 years)(Purpose: Long Term savings with decent returns less Risk)
Do you thing this is a sound strategy. If yes kindly suggest plans for 1,2,3.
If not kindly restructure it so that it is feasible and matches my risk taking capacities.
Thanks
Dear Raghavendra,
1 - Can consider MIP (if time-frame is 2 to 3 years) else Debt funds.
2 - You may consider ELSS fund Ex- Franklin Tax shield.
3 - As the time-frame increases, you can take higher risk. You can consider one Diversified equity fund + mid/small cap fund.
Ex- ICICI Focused bluechip + HDFC Mid-cap / Franklin Smaller companies fund.
Read:
How to select the right mutual fund scheme?
Best Equity funds.
Thanks for Your help Shree...
1)Also have around 8Lakhs in FDs was planning to reinvest around 40-50% of the amount into some other financial instruments as the returns are not the same.
Is it advisable ?? If so let me know what it can be invested into with primary plan of higher return with medium risk for a span of 1-3 years.
2)Also would like you to suggest a combination(amount and Ex.) of MF and ELSS for the previous question with min portfolio overlap..
3)Is it right time to start investment in SIPs(Short/Mid Term) at the moment as American Elections around the corner and majority of the MFs invest in IT and Banking.. So should i wait for the market to correct itself after the elections or is it irrelevant(Basically this is my layman fundas.....)
Regards
Dear Raghavendra,
1 - Can consider Arbitrage funds (for 1 year +), returns on these funds are tax-free after 12 months.
Also, MIPs/Short-term debt funds.
Read: What are Arbitrage funds?
2 - Already suggested few funds. ELSS pick - Franklin tax shield / Axis LTE.
Read: MF portfolio overlap analysis tools.
3 - Financial markets are very dynamic. Kindly dont worry about these events, if not this there can be a new 'influencing factor' tomorrow. So, when investing for long-term, just do it :)
Almost impossible to TIME the financial markets!
Hello Sree,
Review my portfolio:
I have SIP in all funds for >15 yrs starting from Sept 2015.
Axis LTE - Direct - (G): 3000 Rs/pm
ICICI pru value discovery - Direct - (G): 2000 Rs/pm
UTI midcap - Direct -(G): 1000 Rs/pm
DSP BR microcap - Direct -(G): 2000 Rs/pm
Debt part in PPF: 40k Yearly.
Let me know if any changes are required.
Dear Mukul..Portfolio looks fine.
Read: How to compare and select the right mutual fund Scheme based on Risk ratios?
Hi Sreeknth,
Thanks in advance,
I am Yokesh Kumar 28 Years old male moderate risk taker. My goal is long term investment for wealth creation (7 Crores). I have started SIP from May 2016, here looking for your suggestion to my portfolio required any changes to achieve my goal.
My portfolio has follow
1. Franklin India Prime Plus Direct (G) – 2500/-
2. Franklin India Smaller Companies Fund Direct (G) – 2500/-
3. Birla Sun Life India Gennext Fund Direct (G) – 2500/-
4. Birla Sun Life MNC Fund Direct (G) – 2500/-
5. SBI Magnum Midcap Fund Direct (G) – 1000/-
6. HDFC Balanced Fund Direct (G) – 2500/-
7. Reliance Pharma Fund Direct (G) – 2500/-
8. Reliance Diversified Power Fund Direct (G) – 2500/-
9. ICICI Prudential Technology Fund Direct (G) – 2500/-
10. ICICI Prudential FMCG Fund Direct (G) – 2500/-
11. ICICI Prudential Banking & Financial Services Fund Direct (G) – 2500/-
12. Axis Long Term Equity Fund Regular (G) – 1000/-
13. DSP Black Rock Tax Saver Fund Regular (G) – 1000/-
14. Birla Sun Life Tax Plan Direct (G) – 1000/-
I am planning to invest for 27 Years until my 55 age and it's necessary to increase this fund amount regularly by 10% what's your kind suggestion required to switch any of this fund or still continue .
Dear Yokesh,
14 funds ? Way too many, I believe.
Kindly read:
MF portfolio overlap analysis tools.
How to compare and select the right mutual fund scheme?
Best Equity funds list.
Retirement planing goal & calculator.
Hi Reddy,
I have purchased LIC Profit Plus Growth Unit Linked policy in 2008 with Annual premium of Rs 15,000. The policy lock-in period is 5 years, and I have paid all the five premiums on time (Rs 15k * 5Y = Rs 75k). I have paid my last premium in 2012, and the total units which are available on my LIC account is 6531 units with NAV of 16.48.
1. Is it good to continue the Policy (Rs 107704)?
2. Is my policy performing well?
3. Is my investment option is the right choice for the gain of the policy.
4. Are you recommend to withdraw the policy and to invest in Stock Market/Real Estate?
Thanks,
Dear Srinivasa,
Kindly calculate the returns using XIRR excel function.
Since you have discontinued paying the policy premiums, suggest you to surrender the policy and re-invest the amount in other better alternatives.
Read:
List of best investment options!
How to create a solid investment plan?
Do you have dependents and/or financial obligations?
Thanks for your reply.
I have dependents, but I don't have any financial commitments right away. As you suggested I will surrender the policy and would like to invest in either stock market or real estate.
Dear Srinivasa,
You may consider buying a Term insurance plan (if you do not have one) and also a stand-alone Personal accident insurance plan.
Read:
Best Term insurance plans.
Best Personal Accident Insurance plans.
Hii Shree..
U r doing commendable job.
I am new to this field. I want to invest 6000 pm in SIP for long term basis of 25 yrs. Plz suggest me best MF schemes and if possible best breakage of 6000 to invest in different schemes for better returns
Dear Himanshu,
Given a choicem, my picks would be : Birla Frontline equity, ICICI Pru value discovery, Mirae Asset Emerging equity & Franklin Smaller companies fund, may be with an allocation of 20:20:30:30.
Hello shree ...
Thanks fr ur reply
I hv some queries
U suggested birla frontline equity.....is it direct fubd growth or fund growth plan....coz both shows different returns
Same goes for icici pru value discovery....is it icici pru value riscovery fund or icici pru value discovery direct fund
Pls elaborate on 20:20:30:30 ratio.....is it
1200, 1200,1800,1800 bifurcation of 6000 for
Birla Frontline equity, ICICI Pru value discovery, Mirae Asset Emerging equity & Franklin Smaller companies fund respectively.
R these above scheme tax free ( tax rebate)
Dear Himanshu,
Kindly read :
What are Direct & Regular plans of a Mutual Fund Scheme?
Direct plans Vs Regular plans - Comparison of Returns.
Yes (regarding ratios).
No, these are not ELSS tax saving funds. Read : Best ELSS funds.
Hello Shree,
My relationship manager suggested me some scheme of motilal oswal and axis as they will help in income tax rebate.....
Plus he also told me to invest little some in dsp blackcock for better returns as fluctuations r more as he said....
Can u pls elaborate on which scheme i should prefer....is he correct
Dear Himanshu ..Suggest you to kindly first set your financial goals and time-frame, and then you may shortlist the right mutual fund schemes.
Kindly read:
Best Equity funds.
How to short-list right mutual fund schemes?
MF portfolio overlap analysis tools.
Dear Sreekanth
Its KK again.,
As per your suggestions i have prioritized my long term goals ( kids education, marriage & retirement corpus) along with timeline which falls under 12 yrs, 16 yrs & 23 yrs respectively.,I have utilized the calculators ( kids education & retirement )and identified the need corpus;
Now i need your guidance in identifying the MF categories to be used for achieving my goals;Personally i am interested to invest in predominantly in Large Cap, Multi cap, Balanced funds (Equity-oriented) to achieve my goals;
Correct me if i am wrong and let me know that if i should include other categories for achieving my goals;
Regards
KK
Dear KK,
Along with the mentioned fund categories, you may also invest in Mid-cap oriented funds if not Small-cap, for very long-term goals (>15 years ones).
Read:
Best Equity funds.
How to compare and select the right mutual fund scheme?
Dear Sreekanth.,
Tks for your reply.,
As per your suggestion, I have included your mentioned categories ( Mid & Small )& mentioned the funds that i have shortlisted for achieving my goals which falls respectively ( 12yrs, 16yrs & 23yrs) child education, marriage & retirement
All funds are under Growth option
Large Cap - Birla Sunlife Frontline Equity
Multicap - ICICI prudential Value discovery
Equity Balanced - HDFC Balanced
Mid Cap - HDFC Mid cap
Small & Micro - DSP BR Micro Cap
Qn.no 1) In one of your earlier Q & A session i noted that you have answered for a retirement corpus requirement to start investing in Diversified equity + Midcap considering his existing status; In similar lines, kindly let me know the combinations that suits me for achieving my child education , marriage & Retirement goals falls under 12yrs, 16yrs & 23yrs respectively .
(Or) Is there any specific % that you can suggest for me so i can investing the total requirement based on that % ( example large cap 20% , Multicap 20, balanced 20% , Mid & small cap 40%)
i have used the calculators and determined the required amount of investment
i hope i made my question clear ....
Qn no 2 - Kindly correct me if MF picks's needs changes;
Qn. no 3- Shall I make investments in more funds ( of different fund house) in the above categories if the MF overlapping tool shows 50% or Less
Qn, no 4- What is the reason behind suggesting Balanced funds for short term goals ( say between 5-7 yrs of time)
Regards
krishna
Dear KK,
1 - Can be in the order of 15 : 20 : 15 : 25 :25 ratio (as per the funds list). This can be maintained for next say 5 years or so and the allocation should be reviewed as the tenure gets reduced.
2 - Portfolio looks fine.
3 - Can stick to your existing funds/above funds.
4 - Just a balanced approach. This is not a thumb rule though. Other equity funds like say mid-cap fund can be very risky in short to medium term.
Thank You Sreekanth for you guidance.,
Let me go ahead with it.,
Regards
KK
Dear Sreekanth,
I am planning to save 17 k a month out of which 7 k goes towards PPF ac and remaining 10 k i want to invest in mutual fund..I have selected 5 funds each of Rs.2000 as below
1.SBI Blue chip fund regualr(growth)
2.DSP Black rock micro cap regular
3.HDFC Balanced fund
4.Axis long term equity fund
5.FRANKILN INDIA Smaller cos
My investment horizon is 15-20 years for my childs higher education
is this diversification right???or can u suggest some replacing funds..
Guide me please
Dear anesh,
Good funds. You may slightly invest more in Small cap funds (higher allocation) for next say 5 years or so.
Kindly read:
How to select the best mutual fund scheme based on the Risk ratios?
Kid's Education goal planning & Calculator.
Hi Sree,
Hope you are doing great !!
I was reading somewhere about becoming a Crorepati by investing right in equity MFs. I am in my early thirties and have a 3.5 years old son. Considering the inflation and cost of studies i am a bit worried about the savings if i go by traditional methods. I don't have much idea about the equity MFs and would like you to help me out in this regard. Based on your earlier recommendations i have done the following investments. I have almost gone through all your articles on MFs. Without getting confused, please help me with top 3 MFs for long term say 10-15 years/ or a bifurcation.
My earlier investments.
Rs.3000 / month in axis long term equity.
Rs. 2000 in HDFC Balanced Fund as of now for 3 years
Rs. 50000 lumpsum in ICICI Prudential dynamic bond fund - for 1 year
Rs. 50000 lumpsum in SBI magnum Gilt fund - for 1 year
Term plan of 1 CR from ICICI pru
50000 FD for 1 year
around 3 lakhs in emergency fund (bank account)
I am in a private job and considering a time horizon of 15-20 years to retirement, i would like to invest more 5-7k / month for my child future and which gives me a corpus of nearly 1 CR +
Please help me in choosing the right funds. Maybe Top 3 where in i can divide Rs2-3K/ month.
Thanks & Regards.
Dear Asma,
You are doing great work in planning your personal finances.
1 - You may now consider buying a Personal Accident cover.
Read: Best Personal accident insurance plan.
2 - Do you have health insurance cover for self/family?
3 - Both the funds are good ones and can be considered for additional investments too. In case if your 80c is full, you may opt for Diversified equity fund like Franklin Prima plus for additional investments.
4 - Kindly go through this article;
List of important articles on the key aspects of Personal Financial Planning!
Thank you so much Sree for your valuable inputs. Most of my planning is done after i started reading your articles.
I researched about few funds and picked the below ones
1. Franklin India Prima Fund
2. ICICI Pru Value discovery Fund
3. SBI Bluechipo Fund Regular Plan
Also the below two looked good to me as well.
4. Franklin India Smaller Companies Fund
5. Franklin India Prima Plus fund
What is the diffrence in Prima and Prima Plus Fund?
As i told you i need to split 5 k, out of the above 5 funds can i split in funds 1 & 2 or any other combination?
Should i invest for 5 years or more?
Looking forward to your reply so that i can start my SIPs
Thanks & Regards.
Dear Asma,
1,2 & 3 are good ones - Mid-cap, Multi-cap & Large cap oriented funds respectively.
4th fund is a Small cap and 5th one is Multi-cap/diversified fund.
So, ICICI valuediscovery & Franklin Prima plus can be considered as Diversified equity fund. However, icici fund is a bit more aggressive with its investment strategy. Franklin prima plus is a consistent performer and has a long-track record. Based on this, you may choose either one of them and rest three of the funds (so in total 4 funds can be considered).
Kindly read: How to compare two similar Mutual funds schemes based Risk Ratios?
Dear Sree,
Below is my current portfolio:
1.Axis ELSS - 3000/m
2.HDFC balanced Fund: 2000/m
3. Franklin Prima fund - 3000/m
4. ICICI value discovery fund: 2000/m
5. DSP BR micro cap fund - 2000/m
6. Franklin smaller companies small cap - 2000/m
7. ICICI Pru dynamic Bond fund: 50000 since june'16
8. Reliance Cash Liquid - 75000 since oct'16
9.Franklin TMF Super Inst Plan - 75000 since oct'16
10. Axis FD -50000 for an year
11. Term plan of one CR from ICICI pru
Need to relook at my portfolio.
Kindly suggest
1. Out of 1-6 funds which one should i continue
2. are the liquid fund options ok. am planning to go away with reliance cash liquid. which one should i opt for?
3. should i continue with ICICI dynamic bond fund as it is more that 6 months. it is giving close to 9% returns.
4. Kindly suggest some good MIP options. Planning to invest 1lakh in Birla MIP 2 wealth 25.
5. have around 2Lakh idle. what should be a short term strategy.
Thanks in advance.
Dear Asma,
1 - Portfolio looks fine. May I know your investment horizon?
2 - I believe any liquid fund should be fine, does not really matter.
3 - Your investment objective for investing in this fund?
4 - Birla MIP fund is a good option.
5 - Can consider Short term debt fund. (Kindly define short-term..)
Dear Sree,
I have heard many people talking about recession in 2017. If that's true kindly suggest ways to safeguard our funds. What precautionary steps should be taken. Should be take out money kept in liquid funds?
Regards
Hi Sree,
The reason to put money in liquid funds is to park emergency funds.
Regards,
Dear Asma,
Let's not forget the fact that even Debt funds whether Liquid funds or Short term debt funds, are subject to certain types of risks.
So, when we are choosing avenuews for Emergency fund, our first prioerty should be to protect the capital instead of aiming for better returns.
So, if you are not comfortable with Debt funds & its risks, you may consider mix of Saving a/c sweep-in option, Bank FDs, Bank RDs and Arbitrage Funds.
Dear Asma ...Almost all major Credit Rating agencies have projected Indian economy to grow (in the range of 7 to 8%) in this fiscal year. So, where does the question of Recession comes (wrt India).
May I know the reason/objective for investing in Liquid funds?
Hi Sreekanth
I m a new entrant into the big bad world of Mutual funds and I'm so glad I came across your blog! Its been one of the best sites that covers the wide spectrum of topics under MF and to give it in simple understandable terms!!
Thank you so much! I seem to have so much more clarity and understanding now than ever before!
Dear Dhamayanthi,
Thank you so much for the appreciation. Keep visiting!
By the by, MF is not a bad world but can be a risky one.
Hi Sreekanth!
1) Will my mom have to pay any Tax if I send her $26000 dollars from outside India directly to her bank account? I have already paid tax on this money.
2) Does she have to pay any tax if she is sending me money$90,000(Rs45lakhs) from India?
If the answer for these questions in No, which I hope it should be :) . Then my real question is:
I am 22 year old, I have just started SIP RS10,000 in DSPBR micro fund for two years (ending may 2018). I will have $16000 (Rs8 lakhs) by end of Sept,2016. Another $16000 (Rs8 Lakhs) in Sept 2017. I have a very high risk tolerance, so I was planning to invest everything in Mirae Asset emerging blue chip fund.
I might have room to start new SIP of $500 (Rs25000) after two years to achieve this goal.
I wanted you opinion as you are CFP and you blog is great help.
I am planning to buy house. I would need money latter on to make down payment on my house. I will have a source of income, so I will not touch my investment. However, I will need all my investments in year 2024-2026 ( 8-10 years).
Can you please suggest me best portfolio of mutual funds? and what year I should start changing my asset allocation and in what proportion ?
Should you have any question please feel free to ask.
Thank you very much,
Vishal.
Dear Vishal,
1 & 2 - No. Can be treated as Gifts. Kindly save the transaction details for your future reference. Read: Gifts & income tax implications. Also, these transactions can be informed by Banks to IT dept as high value transactions. So, both of you should have reasonable and justifiable proof to show the source of income.
Read: Best Equity funds.
You may remain invested in equity funds (considering your risk appetite) and switch to safer investment avenues may be 2 years before the target year.
Hi Sreekanth! Thanks for your reply, I read your new article about income tax and it was very helpful now I know if I send money my mom should declare it in her income tax.
As you said in this article that young investor should have two small/mid cap funds and one multi cap fund.
I have very high risk tolerance, investment period would be 10 years.
What "asset allocation" should I choose among three mutual funds.
1) DSPBR micro 2)Mirae Asset emer, 3) Franklin I High G.
Dear vishal,
The money given by you to your parent(s) can be treated as Gift. It is exempt from tax.
But if the amount is huge (lump sum), she may declare it under 'Exempt income' section of ITR and file the tax return.
Kindly read:
Gifts & Income tax implications.
Oops, did I say SHOULD ? :)
Kindly check overlap between 1 & 2 funds, click here..
:) , I checked overlap it's only 6%.
What allocation will be best for me among these three funds?
Dear vishal ..May be 30:30:40 for a long-term horizon..
Thank you!!
Do you think for mutli cap funds, Franklin India High Growth is best fund to have? Or is there mutlicap funds out there which are better than F I high Growth fund.
Your opinion please.
Dear vishal.. Read : Best Equity funds 2016..
Dear sir,
I really appreciate your portal. You are doing a good job. You are exploring your knowledge for common man who is far away from investment in MF. Your portal will definitely help to invest common man in safe hands. Good work. Keep it up. Best luck & thank you.
Dear soudagar..Thank you so much for your appreciation and kind words. Kindly keep visiting and do share the articles with your friends.