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Ramalingam Kalirajan  |2770 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 30, 2024

Ramalingam Kalirajan has over 23 years of experience in mutual funds and financial planning.
He has an MBA in finance from the University of Madras and is a certified financial planner.
He is the director and chief financial planner at Holistic Investment, a Chennai-based firm that offers financial planning and wealth management advice.... more
Krishna Question by Krishna on Nov 15, 2023Hindi
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I am 60 years old, I want to invest in 3 to 4 Mutual funds Rs.15 lakhs for swp amount of Rs.12,000/- per month for next 10 years, which funds will be better from below mentioned funds SBI small cap fund HDFC Top 100 fund Mirae Asset Blue Chip fund UTI nifty Index fund Mirae Asset large cap fund ICICI Prudential Blue chip fund Index fund nifty 50 Parag Parikh Flexicap fund HDFC Flexicap fund

Ans: Considering your age and investment objective, it's prudent to prioritize stability and consistent returns. Opting for a mix of large-cap, blue-chip, and flexi-cap funds can provide a balanced portfolio, ensuring growth potential while mitigating risks associated with small-cap or sector-specific funds. A Certified Financial Planner can help tailor your investment strategy to align with your goals, ensuring a steady income stream through SWP while preserving your capital for the long term.
DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Users are advised to pursue the information provided by the rediffGURU only as a source of information to be as a point of reference and to rely on their own judgement when making a decision.
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DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Investment in securities market are subject to market risks. Read all the related document carefully before investing. The securities quoted are for illustration only and are not recommendatory. Users are advised to pursue the information provided by the rediffGURU only as a source of information and as a point of reference and to rely on their own judgement when making a decision. RediffGURUS is an intermediary as per India's Information Technology Act.

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