Investing with Karvy In Priority Account

Q & A Forum › Category: Investments › Investing with Karvy In Priority Account

barima asked 9 years ago

Dear Mr. Reddy, I am contemplating investing Rs. 5 lakhs with Karvy in Priority Account for a period of 5-7 years. The account is equity based. Your take on this please. I am 66 years of age, have no liabilities and have sufficient funds to take care of the needs of my wife and I. Regards Mohammed

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Sreekanth Staff answered 9 years ago

Dear Mohammed Ji, I don't have much information (or real-time exp) on Karvy Products/services. If your investment objective is wealth accumulation, you may just opt for an Equity oriented Balanced funds + Aggressive MIP (Growth) / Hybrid schemes. Suggested readings : https://www.relakhs.com/best-balanced-mutual-fund-schemes-review/ https://www.relakhs.com/best-monthly-income-plans-india-mutual-funds/ https://www.relakhs.com/list-of-best-investment-options-schemes-in-india/