3 years back i started investing in mutual funds. Which is giving me good returns. My question is- i have some more money for may be 1 year max and i want to invest this amount but i am confused whether to invest in new MF or add this amount in the same which i am continuing? If i will invest in existing MF , will it have any negative impact on my portfolio when i will withdraw the lumsum money after 6 mnths or 1 year?
need mutual fund advise
- Thread starter upennegi
- Start date
Pls understand, buying different funds is not guarantee for good returns. You have to see which all funds you have . If your new fund category is same ,which you already have then it's like investing in same funds, only name different. If your funds are giving good returns so far ,you can buy more but will suggest to do SIP. You should keep funds for long term for Max gain of compounding return.
The INSANE Trader
KF Mentor
1 year is a very less time horizon in the field of Stock Market in case of investing because if you use the word of investing then 3 years is minimum. Because the market is standing in between of the trend it may fall or rise and you will get trapped in the volatility. One way is there wait for a healthy correction or crash then invest you will get good returns.
saurabh2605
KF Rookie
Hey,
You can study and invest in new funds which is having a growing market in our investment list like PSU companies, power sectors, batteries makers and other related companies. Because of election new government will issue new financial opportunity in that sector.
Please reply if you want to know more on this.
anuragmukherjee28
Moderator
you can watch this video
