Help in Choosing Mutual Fund

[m6686570]

Hey,
I have to invest ₹3000 Monthly

₹1200 out of which every month in some Flexi Cap Fund for 5+ years
options -
(I) HDFC Flexi Cap Direct Plan-Growth
(ii) Parag Parikh Flexi Cap Fund Direct-Growth
(iii) recommend by your side

₹1800 every month in any other fund Fund (want less fluctuations and low risk ) either - Nifty 50 or Nifty Next 50 or Nifty 150 or a large-cap Mutual Fund for 7-10 years
options -
(I) ICICI Prudential Nifty 50 Index Direct Plan-Growth
(ii) ICICI Prudential Nifty Next 50 Index Direct-Growth
(iii)HDFC NIFTY Next 50 Index Fund Direct-Growth
(iV) recommend by your side for long-term investment with less risk

I will invest through the GROWW app. I don't have much knowledge about choosing different mutual funds I only have basic knowledge it's my first time starting to invest so Please Help

​

 

[zacobite]

Hey,
I have to invest ₹3000 Monthly

₹1200 out of which every month in some Flexi Cap Fund for 5+ years
options -
(I) HDFC Flexi Cap Direct Plan-Growth
(ii) Parag Parikh Flexi Cap Fund Direct-Growth
(iii) recommend by your side

₹1800 every month in any other fund Fund (want less fluctuations and low risk ) either - Nifty 50 or Nifty Next 50 or Nifty 150 or a large-cap Mutual Fund for 7-10 years
options -
(I) ICICI Prudential Nifty 50 Index Direct Plan-Growth
(ii) ICICI Prudential Nifty Next 50 Index Direct-Growth
(iii)HDFC NIFTY Next 50 Index Fund Direct-Growth
(iV) recommend by your side for long-term investment with less risk

I will invest through the GROWW app. I don't have much knowledge about choosing different mutual funds I only have basic knowledge it's my first time starting to invest so Please Help

​

good choice.. pick any.. all gd funds

 

[Raunak Tulsian]

Since it is your first time, it would be better to start a weekly SIP rather than once in a month. Given that market is currently very dynamic and volatile, so in a worst case situation, having a weekly SIP will give you the advantage of averaging at every dip.
With regards to fund selection, it seems that you have made a decent enough choice

 

[m6686570]

Since it is your first time, it would be better to start a weekly SIP rather than once in a month. Given that market is currently very dynamic and volatile, so in a worst case situation, having a weekly SIP will give you the advantage of averaging at every dip.
With regards to fund selection, it seems that you have made a decent enough choice

Thanks for the weekly recommendation but it's late I have already invested in the HDFC Flexi Cap fund for this month
for long term, I'm confused about whether to go with a large cap or nifty 50 index fund

 

[prashantmodi21]

You should go with navi mutual funds because of it's comparative less expense ratio

 

[palash.15jain]

Personally, we recommend the HDFC Flexi Cap Fund for its steady performance across different market conditions.

For your goal of low-risk, long-term investments, balance funds can be ideal, as they offer stability. I have ICICI Prudential Balance Advantage Fund due to its track record and lower risk profile, suitable for a 7-10 year horizon.

 

[zacobite]

Thanks for the weekly recommendation but it's late I have already invested in the HDFC Flexi Cap fund for this month
for long term, I'm confused about whether to go with a large cap or nifty 50 index fund

go with your choice.. no one knows the future.. what is down today is up tomm.. keep steady and stay invested looooong term.. dont worry abt mf so much... go ahead