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Have I selected right mutual funds for 5 years tenure

I am looking for lump sum investment in below 10 funds for next 5 years of time. Total investment is 10 Lakh keeping 1 lakh in each fund. Mirae Asset India Opportunities Fund Direct - Growth, Kotak Select Focus Fund - Regular (G), Franklin (I) Smaller Cos (G), Reliance Small Cap Fund (G), SBI Magnum Midcap Fund (G), L&T Midcap Fund (G), L&T India Value Fund (G), Principal Emerging Bluechip(G), Franklin India High Growth Companies Fund - Growth Plan, Birla SL Pure Value Fund. Kindly let me know if my fund selection is right for next 5 years?

Apr 8, 2017 by Santosh Gomase, Bavdhan Budruk  |   Mutual Fund

You have selected top performing funds for your investment of 5 years period. The funds selected are from mid & small cap and diversified equity fund category which makes the overall portfolio quite aggressive.

However, if you are a high risk taker then these funds are right fit for you. However, number of 10 funds for investing Rs 10 lakhs is bit too high!

Thanks for writing to Advisorkhoj!

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