Hi, I need your help in selecting mutual funds from one AMC or many AMCs for Mutual Fund investment? This is for SIP investment for 5-10 years -Thanks, Shrikanth!
Concentrate on funds rather than AMCs. However, to a certain extent go with AMCs which are in the industry for long (personal view).
Hence, it is not bad that if two of your shortlisted funds may be within a single AMC. If both are performing well, then you no need to worry. Because each fund is managed by different fund managers and comes up with different mandate and theme.