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Best mutual funds to invest for 20 years

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Last Updated: Jan 31, 2020, 11.06 AM IST
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I want to invest in mutual funds on a monthly basis through an SIP. Which type of investment is best for 20 years? I have selected Axis mutual fund, Mirae Asset Emerging Bluechip Fund, and SBI Small Cap Fund.
--Mïshrã Kâvîñdêr

Gaurav Monga, Director, PxG consultants, responds:


For the long term horizon, investments in equity mutual funds are advisable. However, you should have an aggressive risk profile. As you have not mentioned your risk appetite, it won’t be possible to recommend any schemes.

Mirae, Axis, and SBI are good fund houses and their schemes have been performing well lately. The schemes you have shortlisted Mirae Asset Emerging Bluechip Fund (Large & Mid cap) and SBI Small Cap Fund (small cap) are among the best schemes in their respective categories. However, it would be difficult to say if these schemes suit you without your risk profile.

Note: if you do not know much about mutual funds, you should take the help of a mutual fund advisor.
(If you have any mutual fund queries, message us on ET Mutual Funds on Facebook. We will get it answered by our panel of experts.)

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