I have invested my money in MF and I am continuing for last couple of years but am not seeing good growth so kindly advise me whether I should continue with same funds or switch over to some other fund. The funds are:
1. Aditya Birla Sun Life Equity Advantage Fund – Gr: Monthly 1500
2. DSP Midcap Fund - Reg Gr: Monthly 2000
3. HDFC Taxsaver – Gr: Monthly 1500
Also I have invested in SBI Midcap Fund Gr -- 70K for last 4 years so I would like to know whether I should be keeping in the same fund or change the fund.
Ans: Name of the Fund | Category | RankMF Star Rating |
Aditya Birla Sun Life Equity Advantage Fund – Gr | Equity - Large & Midcap Fund | 4 |
DSP Midcap Fund - Reg Gr | Equity - Midcap Fund | 4 |
HDFC Taxsaver– Gr | Equity - ELSS | 3 |
Large and Midcap Suitable options considering quality and value for money at present levels is Kotak Equity opportunity
Midcap: Suitable options considering quality and value for money at present levels are Motilal Oswal Midcap 30, DSP Midcap and Axis Midcap
ELSS: Suitable options considering quality and value for money at present levels are Axis Long Term Equity Fund Growth and Motilal Oswal long term Equity - Growth