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  • Mutual Fund Q&A----July 21, 2017


    Date: 22-07-2017
    Views: 944

    In the latest Mutual Fund Q&A brought to you every Friday we answer the question of viewer Ankit Singh who wants to know whether his recent mutual fund SIP investments are on track.
    FundooMoney website: www.fundoomoney.com

    Edited Highlights
    2:08 Our viewer Ankit Singh has just begun SIPs

    2:25 Funds are Birla Sun Life Top 100, Kotak Select Focus, DSP BlackRock Focus 25, DSP BlackRock Tax Saver, Reliance Small Cap and HDFC MidCap Opportunity

    2:39 Ankit's investments seem to be fine

    2:47 First time and new mutual fund investors should avoid mid-cap and thematic funds

    3:03 These are higher risk mutual fund investments

    3:10 Stick to large-cap funds or funds that are investing in large cap stocks

    3:19 Ensure that your financial advisor is suggesting is a large cap fund

    3:25 The value of such investments don't fall as much during market downturns. You don't want the initial experience to be bad.

    3:38 New mutual fund investors are not used to seeing the notional value of their investments going down

    3:53 In equity investments, you need to stay invested for at least 8-10 years

    4:06 Ankit shouldn't buy more funds and should stick to these investments

    4:11 Keep a track of your investments and compare the performance of each fund with the fund's benchmark, not individual stocks or other investments

    4:40 Take a decision on underperforming investments only after 18-24 months


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