Mirae Asset Large Cap Fund: Rs 8,500
Mirae Asset Emerging Bluechip Fund: Rs 19,000
Kotak Standard Multicap Fund: Rs 16,500
SBI Focused Equity Fund: Rs 11,000
I have been investing in these mutual funds for the past 2 months. I have different horizons to achieve my goals like child’s higher education, marriage and my retirement. Also, I am investing for over 10 years. I am a moderately high risk taker.
--Abhishek Pandey
Tarun Birani, Founder and CEO, TBNG Capital Advisors, responds:
All the funds you have chosen are good. As you have recently started investing, I would advise you to stay focused on your long term goals. Do not get distracted from the noise in the market. Seeing the current markets and your investment horizon, I would recommend you to add one small cap fund in your portfolio as it is available at a significant discount. But make sure you have an appetite for high risk and an investment horizon of over 10 years. I am assuming that you have some allocation to debt mutual funds in your overall asset allocation to diversify your investments.