Query 1:
Planning to start SIP for the below funds with amount of RS 5 K each .(total 10k) and duration will be around10 years.
Franklin india Bluechip
Quantum Long Term Eq.
I am expecting some more bulk funds like 50k – 1L in near future. My query is can i go ahead and invest the surplus in this two funds. whether i should check market and NAV is low and buy the units or Simply purchase whenever i will get surplus amount.
Because i am in confusion between this SIP and lumpsum investment goes in single time frame or have to wait and split the Lumpsum to SIP mode.
Query 2 :
When i was searching Diversfied Eq mutual funds in moneycontrol. i am not getting the above funds in the list. Really i am not sure how this above funds differ from diversified EQ funds. These 2 funds was mostly recommended by experts/websites.
Reliance Equity Oppor – is Diversfied fund, but when i see their portfolio, the way the sectors are invested in same like the above two large cap funds.
So please explain between Large cap vs diversified eq funds.