Is ICICI Prudential Next 50 fund and ICICI Pru Jr 50 fund the same funds.
If not what is the difference between the two?
Direct plan means what and how can be bought?
I am not sure where you heard Junior Fund. Direct plans no MIDDLEMEN involved. You can busy such funds through AMCs, MFU or few online portal which offers direct funds.
Does Sharekhan offer it.Will they charge commission for it.But again sharekhan will be the middle man right
Sharekhan act likes middlemen. Hence, they not offer direct funds. Also, keep in mind that to invest in MF, you no need to have demat or trading account.
Ok ,how can i do direct investment in ICICI Prudential Next 50 fund ?
Also what is your take on this fund.Is it good for long term investement ie 15 yrs
Invest directly through AMCs portal or use portals like MFU. It is hard to say whether this fund is good or not. Because you selected a single fund for 15 years goal without doing proper asset allocation.
1. Can you provide me link for AMC portal.(sorry for being amateur)
I have done 60:40 allocation Equity : Debt.
Debt potion is through ultra short term debt fund.
2.Equity is Large cap and Mid cap combination preferred or a single ICICI Prudential Next 50 fund.
3. Under what cap is this ICICI Prudential Next 50 fund
It is mid cap. Please search the respective AMC portal. I am bit lazy too 🙂
What is AMC
Mutual Fund Company.