ET Wealth
Stock Analysis, IPO, Mutual Funds, Bonds & More

Best mutual funds to invest Rs 15,000 through monthly SIP

If you have any mutual fund queries, message on ET Mutual Funds on Facebook. We will get it answered by our panel of experts.

ET Online|
Updated: Nov 07, 2019, 05.49 PM IST
Getty Images
Step by step
I want to invest in mutual funds via SIP for a period of 10 years. I can take moderate risk. I want to invest Rs 15,000 per month. Kindly suggest the best mutual funds to buy.
-- Kamal Singh

Since you are investing for 10 years, you can invest in equity mutual fund schemes. Equity mutual funds have the potential to offer superior returns than other asset classes over a long period. However, they can be extremely risky and volatile in the short term. Since you are ready to take moderate risk, you may consider investing in multi cap mutual funds. Mutli cap mutual funds invest across market capitalisations and sectors based on the outlook of the fund manager. You can choose one or two good multi cap mutual funds.

Here are our recommended schemes: Best multi cap mutual funds to invest in 2019

Also, if you want to diversify to reduce risk, you may consider investing a small part of the money in large cap mutual funds. However, you should remember that this may bring down the total returns from your mutual fund portfolio.

Best large cap mutual funds to invest in 2019

Are you new to mutual funds? Do you understand the basics of mutual funds and investing? If no, you should consider seeking the help of a mutual fund advisor. Many new investors need a lot of handholding in the initial phase of their investment life. Many of them panic and discontinue their investments when the market gets into rough weather. Only a mutual fund advisor near you can guide you through such phases with personalised advice.

Also Read

The best mutual funds for SIP investments

Best mutual funds to create a retirement corpus in 25 years

Best mutual funds to build retirement corpus

Best mutual funds to invest for 10 years

Which are the best mutual funds to create an education fund for my child?

Add Your Comments
Commenting feature is disabled in your country/region.

Other useful Links

Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service