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Abhishek

Abhishek Dev  |57 Answers  |Ask -

Financial Planner - Answered on Aug 29, 2023

Abhishek Dev is the co-founder and CEO of the financial planning company, Epsilon Money Mart.
A management graduate, he has over 21 years of experience in asset and wealth management.
He has been associated with reputed companies like HSBC GAM (India, south east Asia), PGIM, AMC, AMEX Bank, HDFC AMC and UTI in various roles, including leading business management, sales, marketing, product development and as a board member.... more
MANOJ Question by MANOJ on Aug 29, 2023Hindi
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I want to invest in SBI Mutual fund. Which fund is better for long term.

Ans: All funds can be good and bad, meaning what and where you invest depends on your risk profile, you time horizon and financial goals. If you are an aggressive investor with a long timeframe, you can consider SBI Magnum Midcap fund. However, if you are not a high risk taker, can consider SBI Bluechip Fund or SBI Hybrid Equity Fund.
DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Users are advised to pursue the information provided by the rediffGURU only as a source of information to be as a point of reference and to rely on their own judgement when making a decision.
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Omkeshwar

Omkeshwar Singh  | Answer  |Ask -

Head, Rank MF - Answered on Mar 17, 2020

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I AM INVESTING IN BELOW FUNDS. PLEASE SUGGEST FOR LONG TERM GOAL WHICH FUND TO HOLD/START/EXIT. Fund name Catgory Star Rating Khuzema Shuja     Reliance Vision Fund - RETAIL PLAN GROWTH PLAN Equity - Large & Mid Cap Fund 2 Reliance+Tax+Saver+Fund+-+Growth+-+Regular+Plan Equity - ELSS 1 Reliance-focused-equity-fund---regular-plan Equity - Focused Funds: 2 Axis Long Term Equity Fund - Growth - Equity - ELSS Equity - ELSS 5 Birla Sun Life Tax Relief 96 - Growth - Equity - ELSS Equity - ELSS 4 SBI Magnum Equity Fund - Growth - Equity - Diversified   Equity - Thematic Funds: - Other 4  SBI Blue Chip Fund - Regular Plan - Growth   Equity - Large Cap Funds: 3 SBI Magnum Tax Gain Scheme 93 - Dividend - Equity - Equity - ELSS 2  ICICI Prudential Value Discovery Fund - Regular Plan - Growth - Equity - Equity - Value Funds: 2 HDFC Top 200 Fund - Equity - Diversified HDFC Equity - Large Cap Funds: 3  Kotak Midcap Fund - Regular Plan - Growth - Equity - Diversified Equity - Mid Cap Funds: 3  Dsp-blackrock-top-100-equity-fund---regular-plan Equity - Large Cap Funds: 4 sundaram-rural-india-fund---regular-plan   Equity - Thematic Funds: - Other 4
Ans: You may continue with the 5 & 4 rated funds; however for others better alternative is available

Equity – ELSS:

- Canara Robeco Equity Taxsaver Fund - Regular Plan - Growth

- BOI AXA Tax Advantage Fund-Regular Plan- Growth

- Aditya Birla Sun Life Tax Relief '96 - Growth Option

Equity - Large Cap Funds:

- LIC MF Large Cap Fund-Regular Plan-Growth

- Axis Bluechip Fund - Regular Plan - Growth

- Kotak Bluechip Fund - Growth

- Mirae Asset Large Cap Fund - Growth Plan

Equity - Mid Cap Funds:

- Motilal Oswal Midcap 30 Fund (MOF30)-Regular Plan-Growth Option

- DSP Midcap Fund - Regular Plan - Growth

Equity - Value Funds: Tata Equity P/E Fund Regular Plan -(Growth Option)

Equity - Focused Funds:

- Axis Focused 25 Fund - Regular Plan - Growth Option

- Motilal Oswal Focused 25 Fund (MOF25)- Regular Plan Growth Option

Equity - Large & Mid Cap Fund

- BOI AXA Large & Mid Cap Equity Fund Regular Plan- Growth

- Canara Robeco Emerging Equities - Regular Plan - GROWTH

- Tata Large & Mid Cap Fund- Regular Plan - Growth

..Read more

Sanjeev

Sanjeev Govila  |458 Answers  |Ask -

Financial Planner - Answered on Jun 15, 2023

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Sir i have investment in SBI Blue chip fund, SBI Large & Midcap fund and Invesco Infrastructure fund can i continue or switch Suggest any best Equity fund in Mutual fund for 2 yrs time..
Ans: SBI Blue chip fund invests in large-cap (top 100 companies) stocks and it is known for investing in well-established companies with stable growth potential. The performance of the fund is at par and the fundamentals of the fund are also good. Consider continuing with the fund

SBI Large & Midcap fund invests in both large-cap and mid-cap stocks. Mid-cap stocks generally have higher growth potential but may also be subject to increased volatility. If you have a higher risk tolerance and believe in the growth prospects of mid-cap companies, you might consider continuing with this investment. However, please be aware that mid-cap funds can be more volatile than large-cap funds.

Invesco Infrastructure fund works on a specific theme which focuses on investing in infrastructure-related companies and it is suitable for investors with a higher risk appetite and a long-term investment horizon. If you have a high-risk tolerance and a positive outlook on the infrastructure sector, you may consider continuing with this investment.

Coming to your query regarding an equity-oriented fund for two year time horizon. We do not recommend to investment in pure equity funds if your investment horizon is of less than 3 years. As the equity markets are volatile, every fund requires at least a 3 years’ horizon to stabilize in the portfolio. However, if you still wish to invest you can go for a hybrid fund or index fund.

Disclaimer:
• I have just no idea about your age, future financial goals, your risk profile, other investments and whether you would have the nerves to not get unduly perturbed if stock markets go temporarily down.
• Hence, please note that I am answering your question in absolute isolation to other parameters which should definitely be considered when answering a question of this type.
• I recommend you to also consult a good financial advisor who would look at your complete profile in totality before you act on this advice given by me.

..Read more

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DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Investment in securities market are subject to market risks. Read all the related document carefully before investing. The securities quoted are for illustration only and are not recommendatory. Users are advised to pursue the information provided by the rediffGURU only as a source of information and as a point of reference and to rely on their own judgement when making a decision. RediffGURUS is an intermediary as per India's Information Technology Act.

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