Advice on selecting mutual fund

POSTED BY himansu das ON April 30, 2013 8:50 pm COMMENTS (3)

Sir as you all always say that one should have specific goals attached to any investment. i have selected some specific goals and want to invest in mutual fund.please suggest me in which funds i should invest for my below investments.

1) Rs. 5000/ for 17 yrs

2) Rs. 5000/ for 13 yrs

3) Rs. 5000/ for 13 yrs

4) Rs. 1500/ for 27 yrs

also please tell me if i can directly invest online.

regards

himansu

3 replies on this article “Advice on selecting mutual fund”

  1. Prasanna Kottapalli says:

    Himansu

    Firstly, your goal arrive in the years which u mentioned. Its nt necessary to invest in d same funds for so many years. So, try investing in mfs for 3 years post which you can change the funds depending on the innovation which happens at that point in time.

    Remember each goal has a behavior and your selection of funds should be according to that. The same fund may not be the answer to every goal.

    Do consult a planner and implement.

  2. Sumit says:

    I would select the following if I were you

    ICICI Pru Focused Bluechip Eqty – 25 %
    Franklin India Blue Chip 25 %
    Quantum Long Term Eq. 30%
    IDFC Premier Equity – A / SBI Emerging Businesses Fund – 20%

  3. Dear Himanshu, Please invest directly with the MFs of your choice. if I’m in your place, I w’d start my journey with only 2 funds.

    1. Franklin India Blue Chip
    2. Quantum Long Term Eq.

    Please invest all the different amounts equally into these funds only.

    Thanks

    Ashal

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