Which are the Best Equity Mutual Funds (Dividend payout option) for Lumpsum investment currently ? In addition, please also let me know which are the best Equity Mutual Funds (Dividend payout option) of Reliance Mutual Fund and Sundaram Mutual Fund for Lumpsum Investment currently. Thank you.
1 Answers
Dear Mr Kamat,
Are you looking out for guaranteed periodic income? May I know your investment horizon / financial goals?
"Equity funds are meant for long term. From an investor's perspective, equity funds are for building wealth and that cannot happen with dividend unless they redeploy the money to help compounding."
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