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Mutual Fund Corner: Have I chosen the right mutual fund schemes?

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Get all your mutual fund related queries answered by our expert, Manoj Nagpal, on our show Mutual Fund Corner.

Mutual Fund Corner: Have I chosen the right mutual fund schemes?
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, Manoj Nagpal, managing director and chief executive officer, Outlook Asia Capital, on our show Mutual Fund Corner.

Q: Karan Ravi writes to us on Facebook. I am a long term investor and wanted to know my investment portfolio is moving in the correct direction. I am currently investing in 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 invest around Rs 20,000 monthly and lump sum in these funds. I hold HDFC Equity Savings, L&T Emerging Businesses, Mirae Emerging BlueChip and two new fund offers. I would like your advise if I should change.
A: Your portfolio is a mix of high risk and sector funds. HDFC Equity Savings is the only conservative fund. If you want to keep a high risk portfolio, then you should exit out of HDFC Equity Savings. Sectoral themes should be long term and structural. Tata Digital Fund is a tactical play and hence should be considered for exit. Instead of DSP Tiger, prefer the IDFC Infra Fund, if you want to play the infra theme.
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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.
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