I wish to invest Rs. 20000 in SIP s for long term of minimum 5 years . Kindly suggest a good portfolio with not more than 4 to 5 funds . Also where and how to invest a lump sum amount of Rs. 10 Lakhs for minimum 7 to 10 years .
Thanks
1 Answers
Hi,
You may consider a large cap fund, a multicap fund and one balanced fund. In case, you can hold on to your invetments for longer period and can take risk, you may add one Mid-cap fund.
Ex : Birla Frontline Equity / SBI bluechip
Franklin High growth companies fund / Birla Adv fund
HDFC Balanced Fund
Franklin Prima / Mirae Emerging bluechip etc.,
You may invest lump sum amount in couple of Liquid funds and then set up STP (Systematic Transfer Plans) to Equity oriented schemes as above.
For ex : HDFC Liquid fund to HDFC Balanced fund.
Kindly read :
https://www.relakhs.com/best-mutual-fund-scheme-risk-ratios/
https://www.relakhs.com/mutual-fund-portfolio-overlap-comparison-tools/
https://www.relakhs.com/best-mutual-fund-schemes-2017/
https://www.relakhs.com/best-balanced-mutual-fund-schemes-review/
https://www.relakhs.com/debt-funds-types-benefits-risk-vs-return/
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