Publication details: Money Manager – CNBC Bajar – 22-12-2015
Responses, opinion and view from Kartik Jhaveri.
Question sent by Ronak Patel:-
I am 24 years old. I have invested in mutual funds but I need some advice as my goals are approaching. I am thinking of investing additional Rs. 2,000 in mid & small cap fund.
Which fund is better: Birla Sun Life MNC Fund, DSPBR Micro Cap Fund, SBI Mid & Small Cap Fund or Reliance Small Cap fund.
Kindly advice me so that I am able to achieve my financial goals.
Advice given:
- You can choose any of these funds but always keep in mind that equity investments should be made from a long term horizon point of view, i.e. at least 5 years.
- Ideally, take one diversified large cap scheme, one midcap and one sectoral fund.
- Ideal allocation should be about 40:40:20 into large, mid and sectoral funds respectively.
