Wanted to invest in mutual funds for coming 20 years with SIP amount of 5000 monthly.

Q & A ForumCategory: InvestmentsWanted to invest in mutual funds for coming 20 years with SIP amount of 5000 monthly.
govkj asked 5 years ago
Hi, Myself Govardhana aged 31 years and married. I have started investing in MF (L&T Emerging Businesses Fund, IDFC Infrastructure Fund) from 2018 via broker. Recently I made redemption to reinvest in direct plans. So could you please suggest the best MF for 20 years horizon. My goal of investment is 'Retirement Planning'. I can spare Rs/- 6000 a month and planning to increase SIP every year a bit say 5%. Thanks in Advance. Govardhana K J 90356233**
1 Answers
Sreekanth Staff answered 5 years ago
Dear Govardhana, You may pick one large cap Index fund like UTI Nifty, mid-cap fund like Axis Mid-cap and an Equity hybrid fund like HDFC Hybrid Equity fund. Kindly go through below articles :
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