Ask Value Research

Aggressive Fund for Long-term

Looking for a fund to invest Rs 1,000 a month

Kindly advice if I should continue with my SIPs in Kotak Opportunities Fund (Growth). Also let me know about another suitable fund where I can invest Rs 1,000 every month for a period of three years. I do not want to invest in tax saving funds.
-    Prakash Dhekne

Kotak Opportunities is a good pick in the aggressive space. It has a good performance history. However, the nature of this fund is such that it rises higher than a diversified equity fund in a rising market and falls harder in a falling market.

Nevertheless, it can deliver better than a plain diversified large-cap fund over the long-term. It is better to continue your SIPs and invest over the long-term.

For the additional Rs 1000 that you want to invest for three years, you can opt for a good balanced fund if you do not want to invest in a tax saver. You can choose from DSPBR Balanced, HDFC Prudence and Magnum Balanced.

Ask Value Research aks value research information

No question is too small. Share your queries on personal finance, mutual funds, or stocks and let us simplify things for you.


Other Categories

Informed fund ideas, better judgment. Every month. Mutual Fund Insight, every month since October 2002.

Take charge. Know more. Keep more. Mutual Fund Insight helps you do all three — every month