Omkeshwar Singh | Answer |Ask -Follow
Head, Rank MF - Answered on Jan 07, 2022
I am a government employee but do not have much bank balance.
I want to create wealth of Rs 1 crore in 17 years as a part of my retirement benefit.
At present, I am investing Rs 5,600 a month in these SIPs.
Please tell me whether the funds I have chosen are the right ones to provide wealth in the long term.
Mutual Funds | Plan type | Amount |
1. Axis ESG Equity Fund | Growth | Rs 1,000 |
2. Axis Bluechip Fund | Growth | Rs 500 |
3. Axis Midcap Fund | Growth | Rs 500 |
4. Kotak Small Cap Fund | Growth | Rs 1,000 |
5. UTI Flexi Cap Fund | Growth | Rs 500 |
6. PGIM India Flexi Cap Fund | Direct Growth | Rs 600 |
7. Principal Focused Multicap Fund | Growth | Rs 500 |
8. Invesco India Infrastructure Fund | Growth | Rs 500 |
9. DSP Quant Fund | Growth | Rs 500 |
10. IDFC Sterling Value Fund | Growth | Rs 500 |
11. Mirae Asset Emerging Blue Chip Fund | Growth | Rs 1,000 |
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