I am 29 years old and wish to invest in an aggressive equity fund which can have outstanding returns in the market. Please suggest a fund to invest in.
Arun Nair, Mumbai
If you are considering investing in a risky fund based on the old adage high risk, high returns; you should be aware that it is not guaranteed. A fund category is risky depending on the exposure it has to non large-cap companies. You could look at funds from the OLM Elite Adventurer category to invest in, which are aggressive and have a proven track record too. When investing in such funds, make sure that you frequently track the progress made by the funds that you invest in to ascertain its progress towards your financial goal or make changes to fund selection if necessary.