POSTED BY November 2, 2010 1:58 pm ONE COMMENTON
Please suggest me a midcap.
Someone is asking me to subscribe a SIP among these two funds.
Birla SunLife Midcap (or) Sundaram S.M.I.L.E fund.
I can take high risk.
Is he advising me correctly, I just want to hear a second opinion.
Or will he be getting some high commission by selling these to me. If so, what will be a better option in the midcap funds.
Thanks in advance,
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One reply on this article “Birla SunLife Midcap or Sundaram S.M.I.L.E fund”
Birla midcap has been a laggard for quite a while, i had suffered loss in that and switched to better performing funds, Cannot comment about SMILE fund. Instead why not invest in consistent performing funds like ICICI Discovery fund and Reliance equity opportunity fund.
Over a long period of time these 2 funds will give you very good returns.
Please do your own research before buying any funds, do not follow any one blindly.
You can go to valueresearchonline site and compare the returns of various funds and then decide to buy.