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Ulhas

Ulhas Joshi  |254 Answers  |Ask -

Mutual Fund Expert - Answered on Mar 05, 2024

With over 16 years of experience in the mutual fund industry, Ulhas Joshi has helped numerous clients choose the right funds and create wealth.
Prior to joining RankMF as CEO, he was vice president (sales) at IDBI Asset Management Ltd.
Joshi holds an MBA in marketing from Barkatullah University, Bhopal.... more
Asked by Anonymous - Mar 04, 2024Hindi
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My wife wants to invest in mutual funds for long term for more than 10 years. Her Age is 39 years and her risk profile is high. Currently she has SIP of Rs 2000 in ICICI Prudential Equity & Debt Fund. She further wants to do additional SIP of Rs 5000. In this current market volatility, pls suggest some good funds.

Ans: Hello & thanks for writing to me.

ICICI Prudential Equity & Debt fund is a good fund, that invests in both, equity & debt. Given that your risk profile is high & investment horizon is 10 years, you can consider stopping investing in this fund & instead start SIP's in ICICI Focused Equity Fund.

For the other Rs.5,000, you can start SIP's of Rs.2,500 each in DSP Top 100 Fund & Kotak Emerging Equity Fund.

Periodic rebalancing is essential to ensure that you are on the right track.
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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