I want to invest 10k for 7-10 yrs. Please suggest Best Mutual Funds for 7-10 Yrs as per current market conditions.
Sam-Invest in a large cap (like ICICI or Franklin Bluechip), a small and mid cap fund (like HDFC Midcap Opp or Franklin India Smaller Companies Fund) and a single equity oriented balanced fund like HDFC Balanced Fund.
Which one should i choose between icici midcap and hdfc midcap opp or invest in both. Pls suggest
Invested 4k in hdfc midcap and 3k in hdfc balanced. Want to invest more 4k. Pls suggest good fund for 7-10yrs. I am ready to take high risk.
High risk means ready to lose the principal also?
Then simply use a single fund like equity oriented balanced fund and avoid any sector or small/mid-cap funds.