Is SBI Magnum Midcap Fund (G) Direct, is a good option to invest from the small and mid-cap funds for a minimum period of 10 yrs?
Is there any other fund in this category, which is more better than SBI Magnum Midcap Fund (G)?
Ramesh-Fund is around 7 years old and did well since launch. If you are holding it then continue. But don’t over exposure towards a single fund or sector. Instead (considering your time frame of 10 years), I suggest you to restrict this fund exposure to around 30%.
SirThanks for the response From the below funds of type MID & SMALL cap which one i can choose For a period of 5-10 years <br><br><UL><br><LL>SBI Magnum Midcap Fund (G) Direct</LL><br><LL>Canara Rob Emerging Equity Fund-G Direct</LL><br><LL>Franklin India Smaller Cos Fund-G Direct</LL><br><LL>Mirae Asset Emerging BlueChip-G Direct</LL><br><LL>UTI Mid Cap Fund-D Direct</LL><br><LL>SBI SMALL & MID CAP DIRECT GROWTH</LL><br></UL>
Ramesh-First make up your mind of whether it is for 5 or 10 years?
For 10 yrs , can you please suggest from above and For 5 yrs also , can you please suggest from above
For 10 years, you can include the SBI Magnum Midcap or Franklin. For 5 years, no such recommendations from my end. Rest is left with you to decide.