Want to invest in mutual funds but don’t know how to go about it?
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Get all your mutual fund related queries answered by our expert, Vishal Goenka, director, Wealthtree Investments, on our show Mutual Fund Corner.
Q: 24-year-old Felix Bernard writes to us from Tamil Nadu. I am new to the mutual fund. I am a full-time trader in equity. I have funds around Rs 30 lakh and I want to invest for 10 years.
A: You can invest 50 percent in multi-cap, 25 percent in mid-cap and 25 percent in small-cap. You can also invest Rs 7.5 lakh each in ICIC Pru Multi-Cap, Tata Equity PE Fund, L&T Mid Cap and Reliance Small Cap Fund.
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