Do-it-yourself investors can use these schemes for the core portion of their equity portfolio with a five-year timeframe.
On the upside, 14,616 will act as a make-or-break level. A break above it may see the NIfty move higher towards 15,000-15,050 and eventually towards 15,220.
Such funds can be considered if the investment time frame matches that of the target maturity date of the scheme
However, amongst all brokerages, GEPL Capital is the only one maintain a cautious stance on the issue.