I want to invest for my retirement corpus, for the time horizon of 10years. I want to invest in one of the following two shortlisted mutual funds. Kindly advise which one is more suitable for me. 1) Principal Emerging Blue-chip Fund, 2) Principal Multi Cap Growth Fund. Or kindly suggest another fund of your choice?
You have selected two good schemes from Principal Mutual Fund stable - Principal Emerging Blue-chip Fund and Principal Multi Cap Growth Fund. Principal Emerging Blue-chip Fund is a large and mid cap fund while Principal Multi Cap Growth Fund is a multi-cap fund which can invest across large, mid and small cap stocks.
You may go through the links below to check the details of these funds -
https://www.advisorkhoj.com/mutual-funds-research...
https://www.advisorkhoj.com/mutual-funds-research...
In terms of risk both are moderately high risk fund and shall suit you as your investment horizon is 10 years. While you may invest in any of the two funds/ or both the funds, we feel that multi-cap funds are a better choice as they invest across all market caps and are more dynamic compared to large & mid cap funds.
However, considering the current market scenario, you may like not to invest the entire amount in lump sum. Doing STP for 6-12 months could be a better alternative if you have lump sum in hand/ else you can do a monthly SIP.
To know more about STP, do read this - https://www.advisorkhoj.com/licmf...
Happy investing!
Aug 29, 2019 by Nandu
Aug 26, 2019 by Dhiraj
Aug 18, 2019 by Dr. Ketan S Trivedi
Aug 16, 2019 by Sanjay Gargish
Aug 3, 2019 by Chirag Agrawal
Jul 30, 2019 by Abhishek Shah
Jul 28, 2019 by Dr. Pradip Kumar Chatterjee
Jul 27, 2019 by Pravin Jain
Aug 26, 2019 by Joel A Peres
Jul 25, 2019 by Rabindra Chandra Bhattachara
Oct 16, 2024 by Advisorkhoj Team
Oct 16, 2024 by Advisorkhoj Team
Oct 16, 2024 by Advisorkhoj Team
Oct 15, 2024 by Advisorkhoj Team
Oct 15, 2024 by Advisorkhoj Team