My investment portfolio consists of Canara Robeco equity diversified, HDFC Top 200, Franklin templeton bluechip fund. I am thinking of investing in Tata Ethical fund. Should I invest my additional funds in Tata Ethical fund or in one of the existing funds or in some other fund? Please suggest
In 2012 and beginning of 2013, Tata ethical were giving good returns. At that time interest rates were declining. Later part of 2013 witnessed the stock stumbling and at that time interest rates were rising. This is a sectoral fund and I won’t recommend it. Invest in your existing funds.