The Economic Times
English EditionEnglish Editionहिन्दी
| E-Paper
Search
+

    Best mutual funds to invest for 10 years

    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.

    Getty Images
    I have been investing in five mutual fund schemes for the past two years. My portfolio is:
    L&T Emerging Businesses Fund
    ICICI Prudential Value Discovery Fund
    Mirae Asset Large Cap Fund
    ICICI Prudential Infrastructure Fund
    Nippon India Pharma Fund
    SBI Small Cap Fund

    Are these schemes good for 10 years? As of now my portfolio is in red.
    --Anil Bedre

    Shifali Satsangee, Founder, Funds Ve’daa, responds:

    You have not mentioned the amount you are investing in each mutual fund scheme. Since you are investing in two small cap schemes, two sectoral schemes and in one value fund, I am assuming that you have an aggressive risk profile. If you plan to increase your SIP amount in future, you may consider to add a large & mid cap scheme like Mirae Asset Emerging Bluechip Fund.

    You may also consider to replace ICICI Prudential Value Discovery Fund with a multi cap scheme like Kotak Standard Multicap Fund.

    Your core portfolio should be of large cap, large & mid cap and multi cap schemes. While your satellite portfolio should comprise of mid cap, small cap and sectoral funds.
    Things You should consider
    • Annualized Return
      for 3 year: 7.22%
    • Suggested Investment
      Horizon: >3 years
    • Time taken to double
      money: 3.7 Years
    Things You should consider
    • Annualized Return
      for 3 year: -5.26%
    • Suggested Investment
      Horizon: >3 years
    • Time taken to double
      money: 5.1 Years

    Your sectoral/thematic allocation should not exceed 10-15% of your total portfolio.
    (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.)
    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Also Read

    1 Comment on this Story

    Narasimha p409 days ago
    Im investing in the following mutual funds. Is this portfolio good?
    Kotak Standard Multicap Fund
    Franklin Smaller Companies Fund
    ASBL Frontline Equity Fund
    IDFC tax advantage fund
    Axis long-term equity fund
    HDFC equity fund
    Narasimha
    The Economic Times