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, Sharad Singh, chief executive officer and founder, Invezta.com, on our show Mutual Fund Corner.

Q: 28-year-old Rohan Agrawal writes us from Chhattisgarh. I started my SIP a month ago and investing Rs 1,500 in Mirae Asset Emerging BlueChip, Rs 2,500 in Parag Parikh Long Term, Rs 2,000 in SBI BlueChip, Rs 3,000 in Aditya Birla 96, Rs 1,500 in IDFC Tax Saver and Rs 1,000 in SBI Small Cap. My time horizon is 20 years and I want a mutual fund for emergency. Please review my portfolio also.

A. Rs 4,500 * 12 = Rs 54,000 is tax saving annually. Rotate that after three years and move the money to other equity funds. For emergency fund, you can invest in liquid/ultra-short term fund. Build a corpus equivalent to your six month’s salary and can invest in Kotak Savings Fund.

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