SIP for short term goal

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vikashyadlapalli asked 9 years ago

Hai Sreekanth, Thanks for educating through your blog. I would like to invest 6000 rs pm through SIP(2 or 3) for a period of 3-4 years for short term goal , please suggest various mutual funds to get higher returns considering higher risk.

1 Answers

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Sreekanth Staff answered 9 years ago

Hi, For a 3 to 54 year investment horizon, you may consider one equity oriented balanced fund (can allocate higher amount, if you would like to take more risk) and one MIP Fund. Kindly read: http://www.relakhs.com/top-best-balanced-mutual-funds-returns/ http://www.relakhs.com/best-monthly-income-plans-india-mutual-funds/