I am 48 years working professional and till now only invested in EPF & NPS. Considering that, I will be at least working for 10 years, now I am considering to invest in mutual funds for my retirement life. My immediate commitments (like children education / marriage / health, etc., during 10 years of working life ) towards family has been taken care of with provisions.

My take home salary after home loan & other deductions is about 60 k and can spare about 20 - 25 k per month for investment. Please guide me about mutual fund / SIP investment and particularly which ones to invest based on my profile.

Ans: You may consider these funds:

• Axis Esg Equity Fund - Growth
• Uti Flexi Cap Fund -growth
• Samco Flexi Cap Fund - Growth
• Hdfc Index Fund - Sensex Plan - Growth

Ans: Given your investment horizon and goal of reaching 1 crore in 4.5 years with a monthly SIP of 1.5 lakhs, it's important to adopt a balanced approach considering your moderate risk appetite.

For equity mutual funds, you can consider a mix of large-cap, multi-cap, and sectoral funds to diversify your portfolio. Funds with a consistent track record of performance and a strong portfolio management team may be suitable. Additionally, considering your interest in FAANG stocks (Facebook, Apple, Amazon, Netflix, Google), you may explore global equity funds or technology sector funds that invest in these companies or similar tech giants.

For the debt portion, since you already have substantial investments in PPF and VPF, you may explore other debt options such as short-duration debt funds or corporate bond funds to enhance diversification and potentially optimize returns.

It's crucial to conduct thorough research and consult with a Certified Financial Planner to select suitable mutual funds aligned with your financial goals, risk tolerance, and investment horizon. They can provide personalized recommendations and help you build a well-rounded investment portfolio. Additionally, periodically review your portfolio to ensure it remains aligned with your objectives and make adjustments as needed.

Ans: Hello, I am glad you want to start investing in mutual funds
In order to decide the SIP amount, you first have to decide your retirement corpus. Based on that you should back calculate the SIP amount
If the SIP amount is below 10K , you can select any of the 2 funds from mid cap , small cap and multi cap.

Ans: Considering your risk appetite I would recommend you to invest in conservative hybrid funds(debt oriented). From 5 year return perspective, Kotak Debt Hybrid Fund, SBI conservative hybrid Fund and HDFC hybrid debt Fund rank higher. After end of 10 years you can avail SWP to get periodic payments from your corpus. Please consider joint holding or do nomination while registering the SIP.

*Investments in mutual funds are subjected to market risks. Please read all scheme related documents carefully

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