Have I selected the best performing mutual funds

Please go through my portfolio and recommend, I have UTI Long Term Equity SIP - Rs 1000 (Growth and Dividend), ICICI Long Term Equity SIP - Growth - Rs 500, Kotak Tax Saver SIP - Rs 500. Recently I have invested in Reliance Savings Fund - Debt Fund - Rs 500, one time Reliance Liquid Plan Growth - Rs 1000, one time Reliance Liquid Plan Institutional Growth - Rs 3000, one time UTI Liquid Fund Growth - Rs 500, one time ICICI Liquid Fund Growth - Rs 1000, one time and from October onwards I made SIP from Reliance Tax Saver - Rs 500, UTI Mastershare Unit Scheme - Rs 100, SIP from September UTI Liquid Fund - Rs 100, please analysis risk and recommend I have only 10 percent knowledge of MFs. I want to invest further after your analysis?

Aug 28, 2017 by Vijayakumar Murari, Vijayawada  |   Mutual Fund

Your portfolio is not in very good shape for multiple reasons and we think you need to meet a good mutual fund advisor in Vijayawada.

Please note that you have invested very very small amounts in multiple liquid funds both in lump sum and SIPs. As the invested amounts are small you could have stick to one fund only. Moreover, do you know why one should invest in liquid funds? You should understand the basics first. We suggest you read this https://www.advisorkhoj.com/articles/mutual-funds...

Again, UTI Long Term Equity Fund is not a good performing ELSS Fund. However, Kotak Tax Saver Fund, Reliance Tax Saver Fund and ICICI Prudential Long Term Equity Fund (Tax Saver) is good. In future, you should add more in these funds instead of again choosing a new fund.

Consolidating your investments in liquid fund should be your top priority.

As you have mentioned that you are not much knowledgeable about mutual funds, we request you to go through this section https://www.advisorkhoj.com/mutual-funds... and read more and more articles https://www.advisorkhoj.com/articles on our website. Do take help of a mutual fund adviser too as we mentioned earlier.

Thanks for writing to Advisorkhoj

Search
You haven't found the answer for your queries? Do post your queries to us.
POST A QUERY
Bandhan MF Small Cap Fund 300x250
Kotak MF Business Hub 300x600
Feedback
Notification