DelhiDesk The article features a reader who invested INR 1.4 lakh in ICICI mutual funds through systematic investment plan (SIP) in 2021. Unfortunately, the mutual fund has been underperforming, and the reader’s current investment value is INR 1.1 lakh. The article provides guidance on which mutual fund the reader should consider shifting to for long-term investment. The author suggests that the reader should diversify their investments to reduce the risk of underperformance and avoid over-reliance on a single fund. They recommend top-performing mutual funds such as Parag Parikh Flexicap Fund, SBI Large & Mid Cap Fund, 360 One Focused Equity Fund, HDFC FlexiCap Fund, and Kotak Emerging Equity Fund. The author advises that the reader should consider investing in equity funds for the long-term to deliver good returns, considering that in the long term, equity will typically outperform other asset classes.
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👉 The reader invested 1.4 lakh in ICICI mutual funds through systematic investment plan in 2021.
👉 The MF has been underperforming in the past 1.5 years and the current investment value is 1.1 lakh.
👉 The expert advises to have faith in the Indian stock market and diversify investments to reduce underperformance risk.
👉 SIPs are a good way to build long-term wealth.
👉 The expert suggests considering Parag Parikh Flexicap Fund, SBI Large & Mid Cap Fund, 360 One Focused Equity Fund, HDFC FlexiCap Fund, and Kotak Emerging Equity Fund.
👉 Equity funds should be considered for long-term investments of more than five years.
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