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Can you review my MF portfolio and also let me know how to transact in direct plans

I have recently started investing in MF through an agent, I am currently investing Rs. 10000 every month through SIP. I chose few aggressive funds. My portfolio includes - 1. Axis Long Term Equity Fund - Regular Plan(G) - (4000), 2. DSP BlackRock Micro Cap Fund - Regular Plan(G) - (2000), 3. SBI Magnum Midcap Fund(G) - (4000), Kindly Review my portfolio. Also, I want to invest 5000 more, preferably in direct plans, Can you please suggest some good funds. Also can you provide me with some links which will enlighten me about below topics - 1. Taxation on Mutual Fund and its returns? 2. How can I buy Direct Plans(prerequisites)?

Sep 6, 2016 by Abhishek, Kolkata  |   Mutual Fund

The funds selected by you for your SIP investments is fine. You have chosen good funds but the overall portfolio is aggressive, therefore your investment horizon should be more than 5 years.

For additional investment of Rs. 5,000 you can enhance the SIP value in your existing funds instead of choosing a new fund.

For buying mutual funds in direct mode, do visit the respective AMC websites and transact. Pre requisite for buying mutual funds online in direct mode is same as that of regular plans.

Please read this piece on taxation of mutual funds https://www.advisorkhoj.com/company... Though it is for FY 2015-16 but it still holds good for the current FY

To explore mutual fund returns, please visit our awesome mutual fund research section https://www.advisorkhoj.com/mutual-funds-research

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