My investments are:
Mirae Asset Large Cap Fund
L&T Midcap Fund
Invesco Smallcap Fund
Mirae Asset Midcap Fund
It seems, you want to save on the commission paid to your advisor by taking care of your investments on your own. Since you have recently found out while trying to compare funds that you still have to learn some more about mutual funds, our advice is to stick to your advisor and continue to seek your help with your investments. Learn enough and gain more confidence before taking care of your investments on your own.
Many direct investors get confused when the market is going through a rough patch. For example, we receive many queries from direct investors looking to confirm their investment choices. It is not easy to get a personal advice from mutual fund forums, including this one. The only information we have is the one provided by you. We are not questioning your further for more details. So, the advice would be mostly general one, short on specifics. Similarly, you wouldn't get the reassurance of guidance you are looking for immediately from a forum. You will have to wait for your turn.
Your current portfolio has a very high element of risk: mid cap and small cap funds are extremely risky and volatile. Hope you have the necessary risk profile.
Here is our recommended multi cap mutual fund schemes: Best multi cap mutual funds to invest in 2020
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2 Comments on this Story
Shankar39 days ago
My child 4year which is best fund long term and montly 1000 sip
Satya Ranjan327 days ago
Good selection of funds. you need a multicap fund for your child's education, it's OK !
Presently, you are investing in two mid cap funds. There is 16% Portfolio overlap between midcap funds. it's OK. But, suppose in future if fund manager changed the own stocks somewhere and portfolio overlap suppose raised, what will you do ? So, in place of one midcap, add a multicap fund. Now your portfolio as : 1.mirae Largecap 2.Parag parekh Lt equity 3.l&t midcap 4.invesco smallcap