I want to start investing in mutual funds and my age is 23 now and I want to invest for 15 years approx. So can you please give some suggestions that which SIP I need to take. I want to take one large cap and one mid or small cap. I want to start with Rs 1,000 per month in two mutual funds?
Great to hear that you want to start a SIP when you are so young.
For investment horizon of 15 years, your choice of investing one fund each from Mid & small cap and large cap category is okay.
You can go for SBI Bluechip fund from large cap category and Mirae Asset Emerging Bluechip Fund from mid & small cap category.
Thanks for writing to us.
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