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:
    February 11, 2014 at 5:01 pm

    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

    Reply
    1. atanu says:
      February 14, 2014 at 8:08 pm

      Dear Aashalanshu, Thank you for your reply and advise.

      Reply
  2. ashalanshu says:
    February 11, 2014 at 12:44 am

    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

    Reply
    1. atanu says:
      February 11, 2014 at 7:19 am

      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.

      Reply

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.