Start small but invest regularly!!

By Rahul Pithadia – It is the psychology of individuals that small corpus won’t give desired returns so they wait to accumulate the corpus and then start big. Instead it is ideal to start immediately now matter how smaller the amount and continue to do the same regularly. This will not only start the process of wealth building but also make the individual investor habitual about making investments. Systematic investment plan is the best roadway to the journey of building wealth. One of the preferred Mutual funds to enter immediately is mentioned below.

ICICI Prudential Value Discovery Fund: Daily Chart

ICICI Prudential Value Discovery Fund 20160225

ICICI Prudential Value discovery fund is an open ended diversified equity fund, which aims at stock which are available at a discount to their intrinsic value through a process of ‘discovery’ this process is called as Fundamental research. This process involves unidentified companies that are well managed, fundamentally strong and are available at bargained price.

Portfolio Analysis: As per the sectoral holdings Banking/Finance have been most favored sector for this fund as it is contributing 18.22% to the entire portfolio followed by Automotive and Technology Sector. Top Holdings and Sector Allocation for this fund are shown below.

Top holdings and 20160225

Risk Profile: The risk is moderate in this fund as the investment is diversified among various assets. Average returns can be expected from this fund once the corrective phase of the Indian market completes. Investors looking forward for good returns with moderate risk should consider this fund for investments in staggered fashion or through SIP route.

In a nutshell, corrective action in this fund can continue towards 38.2% retracement zone. However investments in staggered fashion is advisable and SIP should turn out to be the best way as it will provide excellent cost averaging opportunities.

 

Recommended Posts

Leave a Comment