Want to invest Rs 15,000 per month. Moderate risk taker for 10 years. Please give the fund names, amount of investment in each fund, got maximum return, how much?
As a moderate risk taker, you can invest in balanced funds. You can choose any two funds from ICICI Prudential Balanced Fund, HDFC Balanced Fund, SBI Magnum Balanced Fund, DSP BlackRock Balanced Funds and L&T India Prudence Fund.
Over a period of 10 years, you can expect a return of around 12% from balanced funds and therefore, your SIP corpus could be Rs 35 Lakhs against your investment of Rs 18 Lakhs!
Happy investing in SIPs and thanks for writing to Advisorkhoj!
Aug 29, 2019 by Nandu
Aug 26, 2019 by Dhiraj
Aug 18, 2019 by Dr. Ketan S Trivedi
Aug 16, 2019 by Sanjay Gargish
Aug 3, 2019 by Chirag Agrawal
Jul 30, 2019 by Abhishek Shah
Jul 28, 2019 by Dr. Pradip Kumar Chatterjee
Jul 27, 2019 by Pravin Jain
Aug 26, 2019 by Joel A Peres
Jul 25, 2019 by Rabindra Chandra Bhattachara
Nov 22, 2024 by Axis Mutual Fund
Nov 22, 2024 by Advisorkhoj Team
Nov 22, 2024 by Advisorkhoj Team
Nov 21, 2024 by Advisorkhoj Team
Nov 21, 2024 by Advisorkhoj Team