Hi. I am ready to invest 5-6k per month. I have selected few mutual fund schemes like quant active fund, quant mid cap, icici retirement fund. I am planning this for long term like 5-20 yrs. Kindly help me with the best mutual fund schemes.

Ans: Certainly, selecting the right mutual fund schemes is crucial for achieving your long-term financial goals. Let's evaluate the schemes you've chosen and suggest some additional options:

Quant Active Fund: This fund follows an active investment strategy, aiming to outperform the market by selecting stocks based on quantitative analysis. While active funds can potentially generate higher returns, they also come with higher expense ratios and manager risk. Keep an eye on its performance relative to its benchmark and peers.
Quant Mid Cap Fund: Mid-cap funds invest in companies with medium market capitalization, offering growth potential but with higher risk compared to large-cap funds. Quant Mid Cap Fund's performance may fluctuate with market conditions, so ensure it aligns with your risk tolerance and investment horizon.
ICICI Retirement Fund: Retirement funds are designed to provide a suitable asset allocation based on your retirement age. ICICI Retirement Fund offers different options based on your risk appetite and retirement horizon. Evaluate its suitability based on your retirement goals and risk tolerance.

Considering your long-term investment horizon, it's crucial to maintain a diversified portfolio aligned with your risk tolerance and financial goals. Regular review and rebalancing are essential to adapt to evolving market dynamics.

Remember, investing is a journey, and staying disciplined during market fluctuations is key to long-term success. Keep your focus on your goals, and with careful planning and guidance, you can achieve financial security and peace of mind.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in