Hi,
I would like invest 25L for long term(20 Years) in MF. Considering present high valuation of the market, what will be your advise on the following :-
Lump-sum or SIP ?
- Can I follow SIP strategy but manually buying additional units on flexible dates? Idea is to buy only on dips.
- Is there any difference in ser. tax etc in auto SIP or manual SIP ?
- It will be great if you can recommend few MFs.
1 Answers
Hi,
Kindly let's not worry about present status of financial markets if your investment time-frame is 20 years!
1 - Advisable to follow the mentioned strategy. Personally, I too follow the same.
Read:
https://www.relakhs.com/my-mutual-fund-portfolio-mf-picks/
https://www.relakhs.com/sip-systematic-investment-plan/
2 - No. (Also, it may depend on the online platforms you opt, some charge transaction fees and service tax can be applicable for this..)
3 - Kindly go through below articles;
https://www.relakhs.com/best-mutual-fund-schemes-2017/
https://www.relakhs.com/best-mutual-fund-scheme-risk-ratios/
https://www.relakhs.com/mutual-fund-portfolio-overlap-comparison-tools/
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