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:

    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.



  2. Sumit says:

    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


    1. Financial Friend says:

      Thanks Sumit for your suggestion.

  3. ashalanshu says:

    Dear financial friend, please invest.



    1. Financial Friend says:

      Thanks Ashal

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