Thanks for your great & very helpful articles!!!
I’m 39 years old and now planning to invest in mutual funds for the first time.
After some time spent in Valueresearchonline.com, i’ve shortlisted some funds for investment.
I need your opinion about the investment and market diversification. I plan these investments for a minimum of 15 years.
I think of investing Rs.5000/month through SIP in each plan.
- Kotak Select Focus Fund (Direct) – Large Cap
- Mirae Asset Emerging Bluechip Fund – Mid Cap
- Tata Equity PE Fund – Multi Cap
- HDFC Balanced Fund – Hybrid Fund
Kindly suggest if the plans are ok.
Also, kindly correct me if there are any better plans…
ICICI Prudential Long Term Fund – Debt
Kindly suggest if there are any better ones. I’m not too sure about my selection in Multi Cap category (Tata Equity PE fund).
Also kindly suggest the percentage i need to invest in each of the 5 categories. My total investment budget for Mutual funds is Rs.20000/month.
The asset allocation between debt and equity should be 30:70. For debt, you can use the products like PPF or Ultra Short Term Debt Funds. For equity, one large, one mid and one small in ratio of 50:30:20 is enough.
Thank you sir….
Is it ok to invest in small cap as it is risky and i’m a new investor?
How about Multi cap & Hybrid funds?
If yes, are Tata Equity PE Fund (Multi cap), HDFC balanced funds (Hybrid Funds) good ones to invest in their respective categories?