Hello Fishesh, Looking for you advice. Thinking to start sip for below Mutual fund for atleaet 10yrs. 1- ICICI Prudential nifty index dirct growth. Exp ratio- .11% Beta-1 S.d-18.43% Sharp ratio- .53 Exit load- nill 2- ICICI Prudential tech dirct growth fund Exp ratio- 1.14% Sector- IT 3- Parag parikh flexi cap fund Exp ratio- .89% Beta- .71 Sd-15.23% Sharp ratio- .93 Exit load- 2yrs lockin kind off. Please suggest your opinion. Which one will be good to go. I am looking for long term.

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Any mid or small cap equity fund is good. I personally prefer Kotak, Mirae or Canara Robeco.

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Parag prikh is super performer in long run. It is already biggest contributor in my portfolio and hve generated great returns in last 3 years. My suggestion, don’t go fo index funds. Instead go for some blue chip fund and it will general better returns even after considering expense.

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The MF expense ratio is directly correlated to fund size, as the fund grows, the expense reduces. So as long as my selected fund fulfills my criteria (which is more or less what you mentioned + portfolio quality) I usually take the bet. Expense ratio is not fixed and not a tie breaker for me.

Why not ELSS? Will also give you tax breaks

But your horizon is 10+ years right? It's just that only ELSS will give you tax breaks under 80C amongst MFs 👍

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Yaa but I believe new tax regime is good for ctc around 12 to 14lpa. In that case no need to declare any invstmnt and you are free to go with your type of funds. No lockin, no exit type wala

Never go for sectoral funds until you understand market cycles! For example, the IT fund you chose will be heavily impacted by currency cycles. Do you understand them?

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