Mutual funds investment for >5 years

Q & A ForumCategory: Mutual FundsMutual funds investment for >5 years
Harleen asked 7 years ago
I am thinking of investing 3 lakhs in 2-3 different mutual funds (direct, lump sum investment) for >5 years. Could you advice which mutual funds to invest in?
1 Answers
Best Answer
Sreekanth Staff answered 7 years ago
Hi, Due to geo-political issues, markets might give you good opportunities for lump sum investments. You may consider investing Rs 3 Lakhs in installments in fund categories like Large cap fund + Balanced fund + Diversified equity fund. In case if you can afford to take high risk, you may also consider a mid-cap fund. Do you have any existing mutual fund investments? Read: http://www.relakhs.com/top-15-best-mutual-funds-schemes-2016-sip-lumpsum/ http://www.relakhs.com/best-mutual-fund-scheme-risk-ratios/ http://www.relakhs.com/mutual-fund-portfolio-overlap-comparison-tools/    
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