I want to invest in mutual fund on monthly basis. Kindly suggest the best mutual fund option?
Thanks for your query but we find it very short as you have not mentioned for how many months you want to continue this investment and also your risk profile.
Generally speaking, if you want to create long term wealth (minimum 5 years) by investing through mutual fund SIPs, diversified equity funds are the best option. You may choose any one fund from the following for investing per month –
SBI Magnum Multi-Cap Fund, Mirae Asset India Opportunities Fund and Birla Sun Life Equity Fund.
Thanks for writing to Advisorkhoj.
Aug 29, 2019 by Nandu
Aug 26, 2019 by Dhiraj
Aug 18, 2019 by Dr. Ketan S Trivedi
Aug 16, 2019 by Sanjay Gargish
Aug 3, 2019 by Chirag Agrawal
Jul 30, 2019 by Abhishek Shah
Jul 28, 2019 by Dr. Pradip Kumar Chatterjee
Jul 27, 2019 by Pravin Jain
Aug 26, 2019 by Joel A Peres
Jul 25, 2019 by Rabindra Chandra Bhattachara
Nov 22, 2024 by Axis Mutual Fund
Nov 22, 2024 by Advisorkhoj Team
Nov 22, 2024 by Advisorkhoj Team
Nov 21, 2024 by Advisorkhoj Team
Nov 21, 2024 by Advisorkhoj Team