1. Advisorkhoj
  2. Post Your Queries
  3. Mutual Fund
  4. Is my fund selection right as I can take risk of equity investing

Is my fund selection right as I can take risk of equity investing

I have started following fund SIP from Nov 2015, I am 42 years old but my investments period of SIP are 12 years horizon. I shall take risk in equity market without worried. 1. Axis Long Term Equity Fund: 2000 pm, 2. DSPBR Microcap Fund: 2000 pm, 3. ICICI Pru Value Discovery Fund: 2000 pm, 4. Mirae Asset Emerging Bluechip Fund: 2000 pm, 5. L&T India Value Fund: 2000 pm. Kindly review for selection fund. Same time I would be wants to invest 118000 INR for 8 years horizon. Can I go for lump sum investment as per current scenario? Kindly suggest me regarding lump sum investment. If yes, Can I go with current portfolio?

Oct 14, 2016 by Rajan Khairnar, Mumbai  |   Mutual Fund

Your fund selection for long term SIPs is good and you should continue with them.

With regards to your lump sum investment of Rs. 118,000 for 8 years, you can invest in one go as the investment horizon is of 8 years. However, instead of adding more number of funds in your portfolio, you should invest the lump sum amount in the existing funds in which you are already doing the SIPs.

Thanks for writing to us.

comments powered by Disqus
You haven't found the answer for your queries? Do post your queries to us.

© 2016 Advisorkhoj - A Gamechanger Business Services (I) Pvt. Ltd. Brand - All Rights Reserved