personal finance

Should I continue to invest in HDFC Top 100 Fund?


ET Online|

Updated: Sep 27, 2018, 04.55 PM IST

Retirement goal
I am investing Rs 31,000 per month in HDFC Top 100 Fund – direct for the last three years. Considering this as my retirement fund, can I continue to invest in this fund for the next 10 years?
— Shrikant Bhandare

Raghvendra Nath, managing director, Ladderup Wealth Management, responds:

HDFC Top 100 Fund is a largecap fund. Since you are doing an SIP of Rs 31,000 every month, I would recommend you to allocate amount to a midcap and a multicap fund as well.

You can do SIP as follows:

  • HDFC Top 100 Fund – Rs 11,000
  • Motilal Oswal Multicap 35 Fund – Rs 10,000
  • Kotak Emerging Equity Fund – Rs 10,000

(If you have any mutual fund queries, message us on ET Mutual Funds on Facebook. We will get it answered by our panel of experts.)

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