Lumpsum investment for long-term

Q & A Forum › Category: Investments › Lumpsum investment for long-term

Jitupon Gogoi asked 8 years ago

Hi, I want to invest Rs five lakhs for ten years. What are the best options and strategies?

3 Answers

Sreekanth Staff answered 8 years ago

Hi, Do you already own any investments? (like MFs, shares etc.,) Related article : https://www.relakhs.com/list-of-best-investment-options-schemes-in-india/

Jitupon Gogoi replied 8 years ago

Yes i am investing around 6k per month in various mutual funds. But i want to make lumpsum investments of around 3 lakhs for a period of 10 years. So what will be the best equity fund options for that.

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Sreekanth Staff answered 8 years ago

Hi, You may kindly share the list of the schemes that you have been investing..(Scheme names).

Jitupon Gogoi replied 8 years ago

Sbi bluechip – 1500/month. Sbi global fund – 1000/month, Mirae Asset emerging bluechip fund-1000/month. Dsp blackrock tax saver fund – 3000/month.

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Sreekanth Staff answered 8 years ago

Hi, As your investment time-frame is 10 years, you may consider investing lump sum amount in your existing funds itself, the listed funds are decent ones. In case, tax saving u/s 80c is done with, you may consider SBI bluechip, Mirae emerging and one Balanced fund (can be added to your portfolio.. for ex -HDFC balanced fund). Related articles : https://www.relakhs.com/forum/question/mutual-fund-lumpsum/ 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/