I am 30 year old female and wants to invest in SIP/Mutual Funds over the next 10 years. Please suggest?
Glad to note that you want to invest in mutual funds through monthly SIPs.
Please note that one should invest in mutual funds based on ones risk taking appetite and the investment horizon, Even though you have mentioned your investment horizon we do not know your risk profile.
However, we are assuming that given the investment horizon of 10 years, you may like to invest in equity funds. Accordingly, you can invest in any / or few funds from the following funds, based on the total amount that you want to invest every month.
Large cap funds - SBI Bluechip Fund, Birla Sun Life Frontline Equity Fund and Kotak Select Focus
Diversified Equity Funds - Birla Sun Life Advantage Fund, SBI Magnum Multi-Cap Fund and DSP BlackRock Opportunities Fund
Mid and Small Cap Fund - Mirae Asset Emerging Bluechip Fund, SBI Magnum Midcap Fund and L&T India Value Fund
Hope you find the above useful.
Thanks for writing to Advisorkhoj.
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