I’m 37 and am investing Rs 17K monthly in LIC Jeevan Umang. I am thinking of starting an SIP in a small-cap fund. Is this the right time to invest in mutual funds? - News Summed Up

I’m 37 and am investing Rs 17K monthly in LIC Jeevan Umang. I am thinking of starting an SIP in a small-cap fund. Is this the right time to invest in mutual funds?


Currently, my portfolio has Rs 3,000 in the UTI Nifty 50 Index fund and 2K in the Mirae Asset emerging blue chip fund. Other than this I have been investing Rs 17,000 per month into LIC Jeevan Umang. Some funds in this category that could be considered are Franklin India Smaller Companies Fund, Kotak Emerging Equity Fund and Invesco Mid Cap Fund. You could also complement your investment in the Mirae Asset Emerging Blue-Chip fund, which is a Large and Mid-Cap Fund with a Flexicap fund. Remember that a process focusing on investing discipline and decision-making based on informed risks remains key to investing success.


Source: India Today January 05, 2024 15:56 UTC



Loading...
Loading...
  

Loading...