Omkeshwar Singh | Answer |Ask -Follow
Head, Rank MF - Answered on Nov 26, 2021
I started investing in mutual funds from this month only.
All direct except 3, ie regular.
The direct funds are:
Company | Amount |
Nippon India Small Cap | Rs 5,000 |
Canara Robeco Emerging Equities | Rs 5,000 |
Axis Mid Cap Fund | Rs 5,000 |
Parag Parikh Flexi Cap Fund | Rs 5,000 |
Mirae Asset Emerging Bluechip Fund | Rs 2,500 |
Mirae Asset Large Cap Fund | Rs 2,500 |
Axis Blue Chip Fund | Rs 5,000 |
Kotak Emerging Equities Fund | Rs 5,000 |
Principal Emerging Blue Chip Fund | Rs 5,000 |
IIFL Focused Equity Fund | Rs 20,000 |
The regular funds are:
Company | Amount |
UTI Flexi Cap Fund | Rs 5,000 |
Mirae Asset Emerging Bluechip Fund | Rs 2,500 |
IIFL Focused Equity Fund | Rs 2,500 |
My aim is to close a loan of Rs 36 lakhs in next five years.
Are these funds good to continue or do I need to change or add anything?
Is it good to close the loan as early as possible?
Please advise instead of Nippon India Small Cap, can I go for Axis Small Cap. If yes, I will stop SIP in Nippon and I will start Axis Small.
Yes, you can shift from Nippon to Axis.
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