In an exclusive interview to CNBC-TV18, Radhika Gupta of Forefront Capital Management answers investors personal finance queries.
Q: An investor can invest Rs 10,000 per month. Which MFs would you recommend him?
A: Since its his first time investing in mutual funds, I suggest he invests in a large cap mutual fund. He has chosen some good fund house names. In terms of specific funds, I would recommend DSP Equities and Birla Frontline.
He can look at Franklin Templeton Funds, its generally a very good fund house and a specific fund recommendation would be Franklin Templeton India BlueChip. These are all large cap funds that look at the top 50 to 100 stocks and since he has a long-term horizon, I think this would make sense for him.
Q: An investor can invest Rs 3,000 per month; his time period is 20 years while his goal is Rs 1 crore. What would your advice be?
A: Its a very aggressive goal. Definitely, she needs to up the amount to meet the goal. That said, with the