Our mutual fund expert Value Research says no and explains why this should not worry an investor.
Given its focus on the real estate sector, financial planners feel this scheme is not meant for first-time investors and any investor should only have 5 to 10 per cent exposure to this fund.
MFs have garnered record assets in the past one year, led by increased investor participation through SIPs and robust returns in mid-cap schemes.
Gold exchange-traded funds (ETFs) have further lost favour among Indian investors.
Average net asset values of Indian equity funds broadly outpaced their benchmarks in February, buoyed by pre-Budget hopes, but overall gains were muted by jitters over a possible Gulf conflict, analysts said.
By diversifying into developed market equities, Indian investors can mitigate the impact of cyclicality in returns as well as reduce currency risk, experts tell Sanjay Kumar Singh.