Kindly suggest a MF for an investment horizon of 1 year. Also, I currently have SIPs in these funds for an investment horizon of >10 years. The amount is small as I am only 18 so don’t have a lot of capital. Kindly review these funds and also suggest some more funds to diversify for an investment horizon of >10 years.
1) ABSL Nifty Smallcap Tracker fund-₹1000
2) DSP Small Cap fund-₹1000
3) Parag Parikh Flexi Cap fund-₹2000
Ans: Please continue, it’s great to see investment at early stage / age, the magic of compounding will surprise you in due course, don’t worry about the amount!
For 1-year investment you may consider HDFC Short-term Fund – Growth.