One should go for tested mutual funds based on different parameters like rolling returns consistency of 1 year, 3 years, 5 years, standard deviation, sharp ratio, fund manager and expense ratio.
These funds are 4 or 5 star rated by CRISIL or Value Research.
1. They prescribe funds that have more diversification on caps and value/flexi cap funds as small cap/mid cap are highly valued with expensive valuation. Limit small cap/mid cap to 20% of overall allocation.
2. Higher mix towards US funds since NASDAQ /International markets ( more towards diversification)
Proposed Systematic Plans
1 : Large Cap Fund : UTI Nifty Index fund -25%
2 : Value Fund :ICICI Pru Discovery Fund -15%
3 : Flexi Cap : Parag Parikh Flexi Cap fund -20%
4 : Multicap : Quant Active Fund – 10%
5 : Kotak Emerging Equity -10%
6 : Nippon Small cap – 10% 7 : Motilal Oswal Nasdaq 100 FoF -10%
Robins Joseph , SEBI Registered Investment Adviser , Certified Financial Planner. Founder of MyGuide2Wealth (www.myguide2wealth.com) based in Noida specializing in wealth, investment, retirement services with clear aim of Spreading financial literacy and advocating on India’s strong equity story
