1. DIYTechnicalAnalysis is a private community of traders and investors interested in building wealth from Indian equity market. You can become a member with a one time registration fee of ₹199. Click here to become a member

Mutual fund selection

Discussion in 'Fundamental Analysis' started by mailtoswarup, Nov 16, 2018.

  1. mailtoswarup

    mailtoswarup Member

    Joined:
    Aug 31, 2017
    Messages:
    35
    Likes Received:
    20
    I want to start STP in equity mutual fund. I have selected following three funds. Please help me pick two of them

    MIRAE ASSET INDIA EQUITY FUND
    PARAG PAREKH LONGTERM EQUITY FUND
    ICICI PRU NIFTY NEXT 50 INDEX FUND

    SHABBIR BHAI and other experts please help.

    Thanks

    Sent from my Redmi Note 3 using DIY Technical Analysis mobile app
     
  2. akhtar80

    akhtar80 Responder

    Joined:
    Nov 14, 2016
    Messages:
    86
    Likes Received:
    87
    shabbir likes this.
  3. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,701
    Likes Received:
    1,940
    For exposure to FAANG stocks I guess.
    Whats your view and objective of investing in each of them?
     
  4. akhtar80

    akhtar80 Responder

    Joined:
    Nov 14, 2016
    Messages:
    86
    Likes Received:
    87
    Do they invest in FAANG?

    Sent from my Redmi Note 4 using DIY Technical Analysis mobile app
     
  5. mailtoswarup

    mailtoswarup Member

    Joined:
    Aug 31, 2017
    Messages:
    35
    Likes Received:
    20
    Yes as they are invested in some foreign stocks, it may help as cushion in volatility.
    Mirae Asset india equity has got a good track decord with good diversification.
    Within index fund icici nifty next 50 is a top ranker on value research.
    I have a time horizon of 5 years

    Sent from my Redmi Note 3 using DIY Technical Analysis mobile app