We have started investing in some MF which are tagged to different goals. Need further guidance

From March, 2016 We have started investing in some MF which are tagged to different goals. For Tax Saving /Retirement: 1. Axis Long Term Equity, 2. Franklin Tax Shield. For Other Long term Goals: 3. ICICI Pru Bluechip, 4. Franklin India Flexi Cap, 5. QLTE, 6. Franklin India Prima Fund. Need further guidance?

Mar 31, 2016 by Riya, Kolkata  |   Mutual Fund

All the funds selected by you are good funds. Axis Long term Equity and Franklin India Taxshield are amongst the best ELSS / tax saver funds.

The fund selection for your long term goals are also good. ICICI Prudential Focused Bluechip Equity is a large cap fund, while Franklin India Flexicap, Quantum Long Term Equity and Franklin India Prima Plus are all diversified equity funds. We, in Advisorkhoj, believe that diversified equity funds are amongst the best investment choices for retail investors, and as such, should form the core part of the investor’s portfolios. Diversified equity funds combine the good aspects of large cap and small/midcap funds. You can continue to invest in these funds in a disciplined way over a long investment horizon and hopefully, you will be able to meet your long term financial goals.

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