POSTED BY July 12, 2014 7:12 pm COMMENTS (4)
ONHi
I am 25 year old working in IT. Prior to this I keep my money in banks and FD only. I wanted to invest in mutual funds. I choose ‘HDFC Balanced’ as my first mutual fund to invest. I have started SIP of 1500 in it. Now i want to invest more money into mutual funds. Which funds will you suggest for large cap, index, mid-cap fund categories. Or should i increase the amount in first fund?.
Thanks.
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I suggests,
Large cap – ICICI Pru focussed bluechip or Quantum Long term Equity fund
Mid cap – IDFC Premier Equity
Diverse fund – ICICI dynamic
You can choose ICICI prudential focused bluechip or farnkline India bluechip.
Thanks for the reply. For long term which funds will you suggest.
Your choice of fund will depend on your goal, time of holding, and risk you can take.
For more than 10 year goal, choose 1 large/or large-mid, and 1 small-mid cap fund.