1 Index fund / 1 International fund / 1 Gold Fund / 1 Debt Fund / 1 mid & small cap fundI am planning to invest 15000 rs per month in mutual fund. Thinking about investing in 3k each in 5 different funds. Can you please suggest funds where I can get good returns in next 10 yrs. My age is 45
most of your mentioned funds are underperforming compared to their peersSbi small cap, SBI focused, Motilal Oswal s&p 500 index, Navi elss tax saver 50 index, Smaco dynamic asset allocation fund. you can download zerodha coin app where you will get all the funds in one place no need to create multiple accounts in separate fund management apps for investment and will be able to save your valuable time.
Yes, Groww is one of the best apps for Mutual fund investment.Grow is best or safe for mutual fund ?
Hey @Roger D I would suggest you rethink the way you divide Rs. 15k into different mutual funds.I am planning to invest 15000 rs per month in mutual fund. Thinking about investing in 3k each in 5 different funds. Can you please suggest funds where I can get good returns in next 10 yrs. My age is 45
Thankyou broYes, Groww is one of the best apps for Mutual fund investment.
You may also consider Kuwera app as it has Tax harvesting feature which helps in tax saving.
At age of 45 it is better not to take much risk and pressure of market volatility you have taken great discussion to invest in mutual funds.I am planning to invest 15000 rs per month in mutual fund. Thinking about investing in 3k each in 5 different funds. Can you please suggest funds where I can get good returns in next 10 yrs. My age is 45