Sir I have a Mfund of Nippon small cap fund of Rs10,000 per month,is it good if running atleast 5 years?
Ans: Investing in Nippon Small Cap Fund with a monthly SIP of Rs10,000 for at least 5 years can be a good strategy if you have a long-term investment horizon and a higher risk tolerance. Small-cap funds like Nippon Small Cap Fund have the potential for significant growth over the long term but can be volatile in the short term.
Before making any investment decision, it's crucial to consider your financial goals, risk tolerance, and investment time horizon. Additionally, regularly review your investments to ensure they remain aligned with your objectives and make adjustments if necessary. Consulting with a financial advisor can also provide personalized guidance based on your individual circumstances.