Mutual Fund Corner: Am I investing in the right mutual funds?

Updated : December 18, 2018 02:27 PM IST

Want to invest in mutual funds but don’t know how to go about it?

Get all your mutual fund related queries answered by our expert, Harshvardhan Roongta, chief financial planner, Roongta Securties, on our show Mutual Fund Corner.

Q: Karan Ravi is a long term investor and currently investing Rs 20,000 per month in SIP DSP Midcap, DSP Tiger, Invesco India Growth Opportunities, ICICI Bluechip, Motilal 35, Parag Parikh, Reliance Small Cap, SBI Small Cap, SBI Consumption and Tata Digital India. I hold HDFC Equity Savings, L&T Emerging Businesses, Mirae Emerging Bluechip and two other new fund offers. I want to know whether I have invested in right fund or not.

A: Your SIP schemes need to be changed a bit. Stop SIP in DSP Tiger, Reliance Small Cap, SBI Small Cap, Tata Digital and increase the SIP in ICICI Bluechip Fund, Parag Parikh Long Term Equity Fund and Invesco India Growth Opportunities Fund. For Rs 20,000 per month, don't invest in more than 5-6 schemes. The lumpsums investments are fine.

Click here to watch the full episode of Mutual Fund Corner

Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.

Published : December 04, 2018 03:58 PM IST

Mutual Fund Corner: Am I investing in the right mutual funds?

You May Also Like

Coronavirus News LIVE Updates: Telangana govt announces night curfew from 9 pm to 5 am till May 1

Will remain fully invested; Q1 earnings hit to be lesser than year before: Raamdeo Agrawal

Most valued startups in India: Dream11, Swiggy in top-10; find out which is No 1

Trending on CNBC-TV18

recommended for you