I have received 6,00,000 from my previous investments. I want to invest this in Mutual funds. Please suggest me mixture of SIPs and lump sum, where I can invest this money. Risk appetite for me could be not so high not so low. I am looking this for the horizon of 10 years?
You have not mentioned your investment horizon as 10 years and the risk that you can take on your investments.
As you can not take high risk but do not want to go with low risk also, we suggest that you invest in balanced funds either through SIP or lump sum. ICICI Prudential Balanced Fund, SBI Magnum Balanced Fund, DSP BlackRock Balanced Fund and HDFC Balanced Fund are some of top performing balanced funds which you can consider for investing.
Balanced funds invests up to 65% of its portfolio into equities and rest in debt instruments. Please read more about balanced fund here https://www.advisorkhoj.com/sbimf...
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