Want to invest in mutual funds but don’t know how to go about it?
Live TV
Loading...
Get all your mutual fund related queries answered by our expert, Feroze Azeez, deputy chief executive officer, Anand Rathi Wealth Management, on our show Mutual Fund Corner.
Q: 31-year-old Pushpendra Mahajan writes us from Pune. My son is one year old now. I want to create Rs 1.5-2 crore for my kid's education. My investment horizon is 18-20 years. With this objective, I have started SIP of Rs 2,000 each in five funds: ICICI Pru BlueChip Fund, Kotak Standard MultiCap Fund, Mirae Asset Emerging BlueChip Fund, Reliance Small Cap Fund and L&T Emerging Business Fund.
All are growth options. I am investing from last three months. Please judge whether fund selection and allocation is proper. If any changes needed in fund, please suggest. I am willing to increase SIP as my income increases.
A: You can continue to invest in ICICI Pru BlueChip Fund, Kotak Std MultiCap Fund and Mirae Asset Emerging BlueChip Fund. You can exit from Reliance SmallCap and L&T Emerging Businesses and invest in HDFC SmallCap Fund and Canara Emerging Equities Fund.
Click here to watch the full episode of Mutual Fund Corner
Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
Check out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!
UP Police arrests man after viral videos shows him voting multiple times
May 20, 2024 2:18 PM
Lok Sabha Election 2024 Phase 5: 37% voter turnout recorded till 1 pm, highest in Ladakh at 52%
May 20, 2024 10:30 AM
Lok Sabha Election 2024: Is it mandatory for employers to give paid holiday on voting day? | Explained
May 20, 2024 10:07 AM
Lok Sabha Elections 2024 | How critical is Phase-5 for both NDA and I.N.D.I.A
May 20, 2024 7:30 AM