As my risk appetite is high which mutual funds can I invest in

I am 32 years old & I have recently started investing into mutual funds. I would like to invest for approx 10 - 15 years for long term wealth creation. Initially I will start with SIP of RS. 5000 per month and gradually increase it to Rs. 10000 per month. Please suggest me some good funds. Also I have the appetite to bear risk?

Jun 30, 2017 by Abhimanyu Singh, Jaipur | Mutual Fund

Great to hear that you want to invest in mutual funds for long term for your wealth creation needs.

As you are ready to bear risk, you should invest in diversified equity funds. However, we suggest that you read the following articles to know why you should you invest in diversified equity funds –

https://www.advisorkhoj.com/articles/Diversified-Equity-Funds/Mutual-Funds:-Investing-in-Diversified-Equity-Funds-is-a-safer-option

https://www.advisorkhoj.com/articles/Diversified-Equity-Funds/Mutual-Fund-Diversified-Multicap-funds-are-ideal-for-retail-investors

With regards to good funds in this category, you may consider investing in any one or two funds from Birla Sun Life Advantage Fund, Birla Sun Life Equity Fund, SBI Magnum Multi-cap Fund. To see the comprehensive list, do check here https://www.advisorkhoj.com/mutual-funds-research/top-consistent-mutual-fund-performers

Thanks for writing to Advisorkhoj.

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