Mutual fund advice

POSTED BY Ravi ON April 22, 2013 2:11 pm COMMENTS (3)

Hi Friends,

A financial planner has suggested me to invest in following mutual funds:

HDFC Top 200 Fund

ICICI Prudential Focused Bluechip Equity Fund

UTI Opportunities Fund

Canara Robeco Equity Diversified

Are these good funds? I did some research and found that ICICI Prudential Focused Bluechip Equity Fund and UTI Opportunities Fund both belong to same category (Large Cap Equity). So one of these should be considered.

 

What are your thoughts on these? Pls suggest.

 

Regards

 

 

 

 

3 replies on this article “Mutual fund advice”

  1. Dear Ravi, go ahead with your planner’s choice. But do tell him to not to make statements for Eq. MFs for 2-3y based performance.

    Thanks

    Ashal

  2. Ravi says:

    Dear Ashal,

    I did ask him. His reasoning was that these funds have consistently performed well. HDFC Top 200 has been doing great for past 7-8 years. ICICI BlueChip has performed well for past 3 years and UTI for past 2 years.

    Through this forum I wanted to have a second opinion of all the esteemed members of the forum on these 4 funds.

    Thanks

  3. Dear Ravi, why did you not put the same question to your financial planner for the reasons known to him. S/he should tell it to you with the reasons of selecting these funds for you.

    Thanks

    Ashal

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