Help me invest Rs 60,000 per month in Mutual Funds

POSTED BY Financial Friend ON December 17, 2013 1:15 pm COMMENTS (5)

Hello Manish/Ashal

I am planning to invest almost 60K per month in two MFs

1. Quantum Long term Equity (30K)

2. IDFC Premier Equity (30K)

Please suggest and give your valuable opinion. Thanks.

5 replies on this article “Help me invest Rs 60,000 per month in Mutual Funds”

  1. ashalanshu says:
    December 20, 2013 at 8:27 am

    Dear Sumit, ‘ll it be really diversified if we are adding more funds? Please check the underlying portfolio for overlapping of stocks in all the funds.

    thanks

    Ashal

    Reply
  2. Sumit says:
    December 18, 2013 at 1:45 pm

    60,000 is big money for just 2 funds. I would select 3-5 funds for better diversification in Fund House and Fund managers.
    I would consider below along with your choices:-

    1) ICICI Focused bluecip / or Axis long term Equity fund
    2) SBI Magnum balance / ICI Pru balanced

    Thanks
    Sumit

    Reply
    1. Financial Friend says:
      December 19, 2013 at 6:11 am

      Thanks Sumit for your suggestion.

      Reply
  3. ashalanshu says:
    December 18, 2013 at 9:11 am

    Dear financial friend, please invest.

    Thanks

    Ashal

    Reply
    1. Financial Friend says:
      December 19, 2013 at 6:09 am

      Thanks Ashal

      Reply

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