I am 30 years old. I am a moderate to little high risk-taker. I am investing in the following schemes through SIP:SBI Bluechip Fund: Rs 1,000Mirae Asset Emerging Bluechip Fund: Rs 1,000SBI Small Cap Fund: Rs 1,000Franklin India Focused Equity Fund: Rs 1,000I started these SIPs this year to accumulate Rs 30 lakh in 15 years. Review my portfolio and suggest if any changes required. I am planning to increase my SIP by extra Rs 4,000. Should I continue with above schemes or do I need to add any other new fund to my portfolio?-Ranjit Periyasami Your risk profile is confusing. Only you would know what you mean by `a little high' risk. Try to define your risk profile sharply. Take an online quiz if needed. It will help you to choose the right mutual funds. You are currently investing in a large cap mutual fund, large & mid cap mutual fund, small cap fund, and foused multi cap fund. Only the large cap fund and focused multi cap fund are in line with your stated risk profile. Both the … [Read more...] about Can I invest the extra money in my current mutual funds?
Small cap index etf
Prices of pharma stocks have corrected due to stringent regulations of the US drug regulator. But the management of these companies have a proven track record, and they are sound on fundamental parameters. … [Read more...] about Want to make big money in stocks? Go contrarian
I am 24 years old. I am into family business. I am a beginner in mutual funds. I was going through the multi cap equity funds and found that IIFL Focused Equity Fund is performing very good. Is it a safe option?-Sayantan Halder You are on the verge of committing the common error made by new mutual fund investors. Many investors choose mutual fund schemes based on short-term returns offered by them. You should never make this mistake. You should always choose mutual fund schemes based on your financial goal, investment horizon, and risk profile. Multi cap mutual funds are recommended to equity investors with a moderate risk profile and an investment horizon of at least five to seven years. Multi cap mutual funds invest across market capitalisation and sectors/themes based on the market outlook of the fund manager. These schemes are relatively riskier than large cap mutual funds, but have lower risk than mid cap and small cap mutual fund schemes. IIFL Focused Equity Fund is a good … [Read more...] about Is IIFL Focused Equity Fund a safe option?
Some players like Cadila, Dr. Reddy’s Lab and Torrent Pharma in large caps and Alkem Labs, Eris Life, Ajanta Pharma, Sanofi India, and Abbott India in mid- to small-cap categories do not have material direct dependence on Chinese imports. However, some of these players should be dependent on Chinese imports indirectly; for example Alkem Labs has high exposure to antibiotics and NSAIDs in India while Torrent Pharma sells many CNS products for which KSM could be generated out of Chinese factories. The industry is so intertwined that it is impossible to find a single player that would not be impacted by Chinese API/intermediate shortages, should these materialize from post mid-March. … [Read more...] about Coronavirus Impact: A long shutdown in China will leave a mark on key sectors
market over the past year and a half have highlighted the importance of robust risk management and credit evaluation practices, Nimesh Shah, MD & CEO, ICICI Prudential AMC tells ET Wealth.Your fund house is known for contrarian and value investing. However, over the past few years, the market has favoured quality segment. How are you planning to ride out this pain in some of your equity strategies? We have different types of mutual fund schemes, each with a unique investment mandate. On a long-term basis across categories, most of our funds have delivered a positive investment experience. Currently, we are in a market where a narrow set of companies is performing exceptionally well. Given that we are managing public money, we would like to invest in names where the valuations are comfortable, rather than waiting for an expensive name to become even more expensive. Globally value-oriented funds have been facing a difficult time over the past many years and the same stands true for … [Read more...] about NBFC crisis an isolated event, does not pose any systemic risk: Nimesh Shah