Hello sir, I want to invest in mutual funds sip for rs 2000 for 3 to 5 years. Please help me where to invest

Ans: You may invest Rs. 4500 each in:

1. DSP Focused Fund – Growth
2. UTI Flexi Cap Fund – Growth
3. Samco Flexi Cap Fund - Growth
4. Parag Parekh Flexi Cap Fund – Growth

Ans: Hello Sachin. You may invest in the following schemes to create a corpus of 20 lakh in the next 3 to 4 years based on your requirement. This portfolio consists of low to mod-high risk appetite funds.

• SBI Equity Hybrid Fund -- 4,000.00
• Quant Flexicap Fund -- 6,000.00
• ICICI Pru Bluechip Fund -- 7,000.00
• Canara Robeco Emerging Equities Fund -- 8,000.00

Total: 25,000.00

Ans: Investing Rs. 10,000 per month through SIPs in mutual funds over a 10-year period is a prudent step towards building wealth. Here's a diversified portfolio suggestion to consider:

Large Cap Funds: Allocate a portion of your investment to large-cap funds for stability and steady growth. These funds invest in well-established companies with a track record of performance and stability.
Mid Cap Funds: Diversify your portfolio by investing in mid-cap funds, which focus on companies with moderate market capitalization. These funds have the potential for higher growth compared to large caps but come with slightly higher risk.
Multi Cap Funds: Invest in multi-cap funds to gain exposure across companies of various sizes, providing diversification and flexibility. These funds have the flexibility to invest in large, mid, and small-cap stocks based on market conditions.
Balanced Advantage Funds: Consider allocating a portion of your investment to balanced advantage funds, which dynamically manage their equity exposure based on market valuations. These funds aim to provide stable returns across market cycles.
Index Funds: Include index funds in your portfolio for low-cost exposure to broad market indices like Nifty or Sensex. These funds replicate the performance of the underlying index and offer diversification at a lower expense ratio.
International Funds: Explore international funds to diversify your portfolio geographically. These funds invest in companies listed outside India, providing exposure to global markets and currencies.
Remember to conduct thorough research or consult with a Certified Financial Planner before investing. They can help tailor a portfolio based on your risk tolerance, investment goals, and time horizon. Additionally, regularly review your portfolio's performance and make adjustments if needed to stay on track towards your financial objectives.

Ans: I recommend you to invest in HDFC Retirement Savings fund equity plan.

It comes with a 5 year lock-in.

If you do a SIP of 50K for 15 years you can expect a corpus of 3Cr+ (14% return assumed).

As you get closer to your target transfer your gains into suitable debt fund to avoid volatility affect your gains.

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