AskTheExpert

Mutual funds for Long Term

Question:

I want to invest in MF Rs.50,000/- Yrs for 5 Yrs.

Please suggest the best one.

 

Answer:
Hello Milind, Investments in Mutual funds for long term will give enough time for the funds to grow and generate better returns.It is advisable to you to take up a monthly SIP of 4000 per month (4000*12=48000 P.A) because a Monthly SIP will help you in averaging your cost which ensures reduced downward risks from up and downs in the market. Recommended Mutual Funds for you are as follows

 

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It is recommended to take SIP in combination of the above funds

  

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Cheers,
The Yogi



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