Which funds can get greater return for moderare risk takers

I am 33 years old. I want to invest Rs 40000/month in mutual fund through SIP for 10+years. I gradually increase my monthly amount. I would not touch this for 15 years. I can take moderate risk. Which type of funds are good for me. Could you suggest me the best funds to start with. I am doing tax through Axis ELSS Fund Rs 10,000 and Reliance Tax Saver Rs 2,500. I want to know in which mutual funds to invest for greater returns?

Apr 8, 2017 by Ankur Mittal, Firozabad | Mutual Fund

Great to note that you want to invest in mutual funds for the long term.

Your selection of two ELSS schemes - Axis Long Term Equity Fund and Reliance Tax Saver - are good choices and should you continue with that.

As you can take moderate risk, you should invest in large cap and balanced funds. Some of the top performing large cap funds are - SBI Bluechip Fund, Birla Sun Life Frontline Equity Fund, DSP BlackRock Top 100 Fund or Kotak Select Focus Fund.

Amongst the top performing balanced funds, following could be a good choice - ICICI Prudential Balanced Fund, SBI Balanced Fund, DSP BlackRock Balanced Fund, HDFC Balance Fund and Birla Sun Life Balanced 95 Fund

To see the comprehensive list of funds from these two categories, Please check these links - Large Cap - https://www.advisorkhoj.com/mutual-funds... and Balanced Funds https://www.advisorkhoj.com/mutual-funds...

Hope you find the above helpful. Thanks for writing to Advisorkhoj.

View All Queries

You haven't found the answer for your queries? Do post your queries to us.
POST A QUERY