Which mutual fund is best to invest with moderate risk

I am retiring on 31.08.17. I will get pension enough for my expenses. Please advice me how can I invest about Rs. 40 Lacs taking moderate risk for my two daughters who are dependent on me partially?

Aug 30, 2017 by Sarbani Sengupta, | Mutual Fund

As your pension is sufficient to meet your monthly expenses etc., we are assuming your investment of Rs 40 Lakh will be for the long term. If it is so you can invest in balanced mutual funds.

Balanced Mutual Funds invests both in equities as well as debt instruments and therefore, it brings the returns of both the asset classes in a single fund. You can read more about balanced funds here -

https://www.advisorkhoj.com/articles/mutual-funds...

https://www.advisorkhoj.com/sbimf...

Therefore, if you have understood the balanced funds well by reading the above articles, you can invest in them for the future of your daughters. You can assume around 12% annual return over long term from your investments in balanced funds with minimum 5 years investment horizon.

Hope the above helps you. Thanks for writing to Advisorkhoj !

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