We considered equity categories such as large cap, mid cap, large & mid cap, small cap, ELSS, multi cap, focused funds, flexi cap, value & contra fund categories. We considered regular and growth options.
Am I investing in the right mutual funds?
SECTIONS
Last Updated: May 07, 2021, 12:18 PM IST
Share
Synopsis
If you have any mutual fund queries, message on ET Mutual Funds on Facebook. We will get it answered by our panel of experts.
iStock
I am a conservative investor looking to make Rs 1 crore in 7-10 years on a monthly investment of Rs 30,000. Currently, I am investing in the following schemes through SIPs:
Axis Bluechip Fund: Rs 10,000
UTI Nifty Index Fund: Rs 10,000
Mirae Asset Emerging Bluechip fund: Rs 5,000
Parag Parikh Flexi Cap Fund: Rs 2,500
Motilal Oswal Nasdaq 100 Fund of Fund: Rs 2,500
Am I investing in the right portfolio as per my risk profile, investment horizon and goal? Are these the right SIPs to invest based on my risk profile?