Query Answer

Have I invested in best performing mutual funds

I am 30 years old investing in MF from last year onwards. I have invested through SIP in following four funds of each 2000 Rs. 1) ABSL Front Line Equity - Growth, 2) Most Focused Multi Cap 35 Fund - Growth, 3) L&T India Value Fund - Growth, 4) Reliance Small Cap Fund - Growth. I am planning to invest 10+ years. Please suggest me am I in a correct path?

Oct 23, 2017 by J. Ashok Kumar, Salem  |   Mutual Fund

Thanks for writing to swarajwealth Investments.

Happy to see that that the funds you have invested in all are good performing from their respective categories. You have equal SIP allocation of 25% each in large cap, diversified, mid cap and small cap categories.

As the fund selection is good, you do not need to make any changes and stick to it while reviewing the respective fund performances at least once every year.

With Rs 8,000 monthly SIPs you can expect to accumulate a corpus of over 19 Lakhs after 10 years against your investment of Rs 9.60 Lakhs. This is based on assumption of annual rate of return at 12.5%. However, the corpus may even be higher if you get higher than the assumed rate of returns. For example, the corpus could be over Rs 20 Lakhs and 22 Lakhs if the returns are 13.5% and 15% respectively.

We have used this calculator to know the accumulated amount based on assumed rates of return https://swarajwealth.com/tools-and-calculators...

At any point in time, to know top performing funds, do visit our mutual fund research section - https://swarajwealth.com/mutual-funds-research...

Please let us know how else can we help you at contact@swarajwealthinvesments.in

Thanks again.

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