Hello Sir, I have started MFs investment recently from last year have low budget. I have started with 1. Quant ELSS Tax saver direct growth (Rs500) 2. SBI small cap fund direct growth (Rs600) 3. ICICI Prudential commodities Fund direct growth (Rs500) 4. Nippon india small cap fund direct growth (Rs500) 5. Quant Small cap fund direct plan growth (Rs1000) I would like to know whether its good to invest in these MFs for longer period 15-20 years. I'll add another 3-4K in the future but for now it'll be the same. Please guide me as I have low budget

Ans: It's commendable that you've started investing in MFs with a limited budget. For a longer investment horizon of 15-20 years, it's important to focus on funds with strong potential for growth. While your current selection includes some good choices, consider diversifying across different categories such as large-cap, mid-cap, and multi-cap funds for better risk management. Additionally, prioritize funds with consistent track records and reputable fund management teams. As your budget increases in the future, you can gradually add more funds to further diversify your portfolio. Regularly review your investments and consult with a financial advisor for personalized guidance.