SIP of Rs 1000/month in ICICI focused Blue Chip fund for long term ?

POSTED BY atanu ON February 10, 2014 11:21 am COMMENTS (4)

I have started SIP 1000/month in ICICI focused Blue Chip fund for long term(10 yr or above)  . Is this fund appropriate for me on invest point of view? Please advice. If not, then please advice me which fund I’ll choose for longtime goal as  SIP investment.

Thank you .

4 replies on this article “SIP of Rs 1000/month in ICICI focused Blue Chip fund for long term ?”

  1. ashalanshu says:

    Dear Atanu, if you want to remain invested for next 20-25Y, please give at least 4-5 years to judge the performance of your selected fund.

    Thanks

    Ashal

    1. atanu says:

      Dear Aashalanshu, Thank you for your reply and advise.

  2. ashalanshu says:

    Dear Atanu, you just boarded a train and asking is it OK or not? Let the journey begin and few stations pass. By the way fund selected by you is good.

    Thanks

    Ashal

    1. atanu says:

      Dear Aashalanshu, Thank you for your reply. Actually if this fund is not good, I’ll stop now. I know I just boarded a train and asking is it OK or not. Yet better late than never. Hence query. My financial agent said it is good/so so. But he was not much confident about that. But he said if I keep SIP in this fund 5-10 year, then it can give 12-15% return.
      I want long time goal(20-25 year). Hence asking.
      Anyway thanks for your reply.

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