Getty ImagesI have been investing in mutual funds since July 2018. I currently invest Rs 10,000 each in the following funds:
Mirae Asset Large Cap Fund
Axis Focused 25 Fund
SBI Small Cap Fund
Axis Midcap Fund
Parag Parikh Flexi Cap Fund
Mirae Asset Tax Saver Fund
My risk profile is aggressive. My goal is making wealth in the long term of around 15-20 years. Should I make any changes or stick to what I am currently doing?
- Rinit Shetty
We assume that you are a new investor, mostly a Do-It-Yourself one, who has picked up a bunch of toppers in some important equity mutual fund category. Now, you seem to be a bit worried as some of these toppers have taken a beating in the current market. If this assumption is right, you should be prepared for more homework to make sure that you are investing right.
If you don’t have the time or inclination, you should hire a professional to manage your investment. Also, it is impossible to make a comment on your choice of funds without knowing your financial situation and why you chose these schemes. Asking for comments on your portfolio on various forums would only confuse you more.
Finally. If you know what you are doing and have the conviction, continue with your plan. Or as said earlier hire a good mutual fund advisor to manage your money.
Mirae Asset Large Cap Fund
Axis Focused 25 Fund
SBI Small Cap Fund
Axis Midcap Fund
Parag Parikh Flexi Cap Fund
Mirae Asset Tax Saver Fund
My risk profile is aggressive. My goal is making wealth in the long term of around 15-20 years. Should I make any changes or stick to what I am currently doing?
- Rinit Shetty
We assume that you are a new investor, mostly a Do-It-Yourself one, who has picked up a bunch of toppers in some important equity mutual fund category. Now, you seem to be a bit worried as some of these toppers have taken a beating in the current market. If this assumption is right, you should be prepared for more homework to make sure that you are investing right.
If you don’t have the time or inclination, you should hire a professional to manage your investment. Also, it is impossible to make a comment on your choice of funds without knowing your financial situation and why you chose these schemes. Asking for comments on your portfolio on various forums would only confuse you more.
Finally. If you know what you are doing and have the conviction, continue with your plan. Or as said earlier hire a good mutual fund advisor to manage your money.
(If you have any mutual fund queries, message us on ET Mutual Funds on Facebook. We will get it answered by our panel of experts.)
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