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POSTED BY ON September 28, 2012 5:57 pm COMMENTS (5)
Dear All,
Kindly sugest “icici prudential focused bluechip equity fund(G)” this MF is best for next 10 to 15 years investment purpose. I plan to invest monthly Rs.2000. in this fund for my retirement. my age is 32 years. I want to continue next 25 years.
Pls suggest me
regards
Kirubakaran.K
Chennai
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You have selected a very highly rated fund. It has done very well and will continue to do. I suggest divide your investment between ICICI Prudential Focused Bluechip and ICICI Prudential Discovery Fund. Use both the funds to achieve your investment objectives.
Ratings are not persistent, is my experience.
Dear Ashal.
Thanks for our reply. Already i mentioned i invested monthly Rs2500/ in HDFC Top 100 and DSPBR Top 100 equity fund. Now both funds are credit 4 star rating in Value research. Pls kindly help me can i continue above funds.
regards
Kirubakaran.K
Chennai
Dear Kirubakarn, no single fund is the best one for next 10-15-25 years. Yes you read it right. Mot a single one fund can remain best for such a long period. There may be some good funds but the best is an illusion nothing else.
So instead of chasing an illusion, please be practical & invest in a good fund.
As you are following this forum since long, I do hope you already know the names of such good funds.
Thanks
Ashal
I would bet on QLTEF or any of the Franklin Templeton’s funds.