What do you think about the below mutual funds for long term, which one is the best . I am planning to invest, please spend some of your time and help me :)
1) Prudential ICICI infra
2) Reliance Growth
3) Reliance vision
4) Sundaram select midcap
5) Magnum Global fund.
Im looking for Equity diversified mutual fund for aperiod of 3-5 years. - ideasmoney blog visitor
1) Prudential ICICI infra
Infrastructure is a great growth area and it has fetched a lot of returns recently. This is a sectoral fund and carries diversification within the sector only. so , the risk/ return proportion is high. Sectoral Funds are not generally suggested for a beginner (investor).If you are willing to take the sectoral risk (infrastructure) ..you can go for it. ( Also look at Tata Infrastructure, Sundaram Capex before you decide)
1) Prudential ICICI infra
Infrastructure is a great growth area and it has fetched a lot of returns recently. This is a sectoral fund and carries diversification within the sector only. so , the risk/ return proportion is high. Sectoral Funds are not generally suggested for a beginner (investor).If you are willing to take the sectoral risk (infrastructure) ..you can go for it. ( Also look at Tata Infrastructure, Sundaram Capex before you decide)
2) Reliance Growth
4) Sundaram select midcap
5) Magnum Global fund.
All the three of the aforesaid funds are midcap funds . Midcaps tend to outperform other funds in the long term ..as the mid caps companies ability to grow is generally perceived to be higher than the large caps. But the time you keep invested in these funds need to be a bit longer than other diversified equity funds to fetch the results. You can definitely go for these, as you are looking for a 5 year investment period.( Sundaram midcap has multiplied money almost 9 times in four years and Reliance growth almost 25 times in 11 years!!)
3) Reliance vision
Funds like Reliance Vision, HDFC Equity are stable funds. They are more Large Cap oriented with an ability to fetch stable returns . They should form a core of your portfolio. (These are must haves and you can allocate a good share of your portfolio to these funds for more stability ).
Most importantly take the SIP route..happy investing
All the three of the aforesaid funds are midcap funds . Midcaps tend to outperform other funds in the long term ..as the mid caps companies ability to grow is generally perceived to be higher than the large caps. But the time you keep invested in these funds need to be a bit longer than other diversified equity funds to fetch the results. You can definitely go for these, as you are looking for a 5 year investment period.( Sundaram midcap has multiplied money almost 9 times in four years and Reliance growth almost 25 times in 11 years!!)
3) Reliance vision
Funds like Reliance Vision, HDFC Equity are stable funds. They are more Large Cap oriented with an ability to fetch stable returns . They should form a core of your portfolio. (These are must haves and you can allocate a good share of your portfolio to these funds for more stability ).
Most importantly take the SIP route..happy investing
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