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Should I make changes in my fund selection

I am pretty much new to investment and I am 32 years old. I did my research a little bit before approaching you for help. I want to invest 15,000 per month with a horizon of 20 years for child's education and my retirement. I have listed some funds but not able to decide as I have seen a lot of mixed replies from People. I am a moderate risk taker and a discipline investor. 1) Large Cap: Birla Sunlife Frontline Equity Find (or) HDFC TOP 200 - G (or) SBI Bluechip, 2) Multicap: Birla Sunlife Equity Fund, 3) Midcap: Franklin India Prima Fund (OR) HDFC Balanced Fund (Either one to invest), 4) Small Cap: Reliance Small Cap fund. Please advise any changes and also suggest changes in fund if required?

May 14, 2017 by Kaushik, Gandhinagar  |   Mutual Fund

Glad to note that you have researched a bit about mutual funds before writing to us and also to note that you are a disciplined investor. Discipline is one trait which, if you can maintain throughout the journey of equity investing, then you can make the most returns.

Coming back to your fund selection, we would suggest this - SBI Bluechip Fund, Birla Sun Life Equity Fund and HDFC balanced Fund. From midcap category (even though it is not meant for moderate risk takers like you), our suggestion would be Mirae Asset Emerging Bluechip Fund.

These are our suggestions but you can take a call based on your own research and understanding about the traits of mutual funds investing.

Wishing you great investing times and thanks for writing to us.

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