Greeting To Our Readers!
Mutual Fund Investment works on the mantra, ‘The Long You Invest, The Big You Accumulate’! Even the experts advise their clients or customers, plan for long-term investment if they want to create big wealth.
Investors who are new to mutual funds and have just started their career should invest for long-term say 20 years or more. There are various benefits of it like at this stage they have fewer financial responsibilities, they can invest more, they can take high risk and as a result, they will end up accumulating big wealth!
Now, Mutual fund investment has a pool of schemes, so where to invest if I plan to invest for 20 years or more?
For long-term investment Equity category funds are the best suitable ones. If you are investing in mutual funds for the first time then you can start with Nifty Index and large-cap funds which predominantly invest in well-established companies along with some allocation in Flexi-cap funds.
This will also help you gain confidence in equity investments and after some time you may diversify some part of your investment in mid-cap funds to increase growth potential.
At your early investment journey, experts suggest making distance from equity categories like small-cap funds, and mid-cap funds. This is because they are risky and more volatile than compared to large-cap funds.
Hence, it is always better to start with steady and blue-chip companies.
Following are the funds that you may consider investing through SIPs keeping the long-term horizon in mind.
Mirae Asset Large Cap Fund
A large-cap category equity mutual fund, run and managed by Mirae Asset Mutual Fund House. The fund has 98.35% investment in Indian stocks of which 67.78% is in large-cap stocks, 11.61% is in mid-cap stocks, 4% in small-cap stocks.
The fund size of the scheme is around Rs 30,804 crores and it charges a total expense ratio of around 1.59%. Fund also charges a kind of exit load equal to 1.0% of sell value if the fund is sold before 365 days.
The investment objective of the scheme is to generate long-term capital appreciation by capitalizing on potential investment opportunities by predominantly investing in equities of large-cap companies.
Canara Robeco Blue Chip Fund
A large-cap category equity mutual fund, run and managed by Canara Robeco Mutual Fund House. The fund has 94.36% investment in Indian stocks of which 73.22% is in large-cap stocks, 9.93% is in mid-cap stocks.
The fund size of the scheme is around Rs 5,070 crores and it charges a total expense ratio of around 1.91%. Fund also charges a kind of exit load equal to 1.0% of sell value if a fund is sold before 365 days.
The investment objective of the scheme is to provide capital appreciation by predominantly investing in companies having a large market capitalization.
Parag Parikh Flexi Cap Fund
A large-cap category equity mutual fund, run and managed by Parag Parikh Mutual Fund House. The fund has 65.78% investment in Indian stocks of which 40.11% is in large-cap stocks, 6.81% is in mid-cap stocks, 16.76% in small-cap stocks.
The fund size of the scheme is around Rs 17,219 crores and it charges a total expense ratio of around 1.84%. Fund also charges a kind of exit load equal to 1.0% of sell value if a fund is sold before 365 days.
The investment objective of the scheme is to generate long-term capital growth from an actively managed portfolio primarily of equity and Equity Related Securities.
UTI Flexi Cap Fund
A large-cap category equity mutual fund, run and managed by UTI Mutual Fund House. The fund has 97.62% investment in Indian stocks of which 40.25% is in large-cap stocks, 32.52% is in mid-cap stocks, 11.64% in small-cap stocks.
The fund size of the scheme is around Rs 24,212 crores and it charges a total expense ratio of around 1.81%. Fund also charges a kind of exit load equal to 1.0% of sell value if a fund is sold before 365 days.
The primary objective of the scheme is to generate long-term capital appreciation by investing predominantly in equity and equity-related securities of companies in a flexible manner across the market capitalization spectrum.
Mirae Emerging Bluechip Fund
A large-cap category equity mutual fund, run and managed by Mirae Asset Mutual Fund House. The fund has 99.6% investment in Indian stocks of which 42.64% is in large-cap stocks, 28.05% is in mid-cap stocks, 9.68% in small-cap stocks.
The fund size of the scheme is around Rs 21,635 crores and it charges a total expense ratio of around 1.68%. Fund also charges a kind of exit load equal to 1.0% of sell value if the fund is sold before 365 days.
The investment objective of the scheme is to generate income and capital appreciation from a portfolio primarily investing in Indian equities and equity-related securities of large-cap and mid-cap companies at the time of investment.
From time to time, the fund manager may also seek participation in other Indian equity and equity-related securities to achieve optimal Portfolio construction.
To get more details about the fund you can refer to the fund fact sheet or you can get in touch with us. Call us on- 0612-6604453 or mail us at- [email protected].
For any kind of query, you can contact us at Shri Ashutosh Securities Pvt Ltd., we are here to help you in any way possible.
Happy Investing!
(Mutual Fund investments are subject to market risk Illustrations are for example only, there is no guarantee of returns. Past performance is not an indicator/guarantee to future returns).