Taking risk with Mutual Funds

By Sky
@skysnap (20152)
March 7, 2019 10:59am CST
I have 5 pure equity funds. And those are pretty much high risk. I am tired of playing it safe. I am kind of spending a lot of time trying to diversify but this time all 5 funds are of equity mid cap and large cap. lol. I dont know if I am going to get nuked here so be it. But I am taking the risk. I do have safety net with debt funds so I am not worrying. But yeah I am kind of investing some serious amount into equity this year. I am not keeping cash in my hand. Have you taken any such risk?
5 people like this
6 responses
@acelawrites (19272)
• Philippines
7 Mar 19
We had it before, but lost some amount because the economy was not so sound; we withdrew it because we needed the cash, so we lost some amount because it was not yet matured when we withdrew it.
2 people like this
@skysnap (20152)
8 Mar 19
yes i recently only made partial withdrawal for the same reason.
@vandana7 (102698)
• India
7 Mar 19
Honestly, I don't bother analyzing mutual funds. I just decide on the fund based on performance during immediately preceding year that too ranked by others (who invariably have ulterior motives.). lol. But tax savings are tax savings. I am happy I have been receiving almost 10 percent per annum compounded on my tax savings. As far as equities are concerned, I plough back dividends. Mostly blue chips.
1 person likes this
@skysnap (20152)
8 Mar 19
I recently exited Franklin templeton blue chip one. it was going in negative returns and redeemed upto last years units in such case. I may also consider tax saving mutual funds this year. Hoping to take risks with equity though.
1 person likes this
@vandana7 (102698)
• India
8 Mar 19
@skysnap In general, Axis, Aditya Birla, HDFC and Kotak are what I opt for. I do have Franklin but if you noticed the commission paid out to agents is rather high, making dent on profits.
1 person likes this
@skysnap (20152)
8 Mar 19
@vandana7 indeed that's one reason I am keeping the funds in direct mode and avoiding agents or online brokers.
1 person likes this
@jobelbojel (36796)
• Philippines
8 Mar 19
I have an insurance. I hope I can continue with this one this time. I signed up for my first insurance but failed to pay on my second quarter.
1 person likes this
@amadeo (111937)
• United States
7 Mar 19
I have taken a lot of risk.Most in my favor
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@skysnap (20152)
8 Mar 19
haha so it worked out.
@CarolDM (203396)
• Nashville, Tennessee
7 Mar 19
No have not taken this risk.
1 person likes this
• India
12 Jul 20
The mutual fund performance would depend on the fund manager if he or she is in control of it.