DEAR SREEKANTH
SOME MUTUAL FUND NAME MENTION BELOW. PLEASE GIVE ME A SUGGESTION OR CORRECTION TO INVEST IN THIS FUND.
RETURNS PLANNED
BIRLA SUNLIFE FRONTLINE EQUITY FUND FOR 5 YEARS
ICICI PRU VALUE DISCOVERY FUND OR HDFC BALANCED FUND FOR 10 YEARS
SBI BLUECHIP FUND FOR 15 YEARS
FRANKLIN OR UTI RETIREMENT PENSION FUND FOR 20 YEARS
I PLANNED FOR RETURNS AT THE AGE OF 42, 47, 52 AND 57 YEARS.
REGARDS,
SATHISHKUMAR KRISHNADURAI
1 Answers
Hi,
Birla & ICICI funds are ok.
As you are investing for long-term (15 years), you may consider a mid-cap fund like Mirae Asset Emerging fund.
Advisable to avoid Retirement oriented Schemes and invest in mid or small cap fund for 20 years.
Kindly read:
https://www.relakhs.com/hdfc-retirement-savings-fund-features-review/
https://www.relakhs.com/reliance-retirement-fund-equity-oriented-pension-scheme/
https://www.relakhs.com/best-mutual-fund-schemes-2017/
https://www.relakhs.com/mutual-fund-portfolio-overlap-comparison-tools/
https://www.relakhs.com/best-mutual-fund-scheme-risk-ratios/
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