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Sanjeev

Sanjeev Govila  |192 Answers  |Ask -

Financial Planner - Answered on Jul 23, 2023

Eswara Question by Eswara on Jun 11, 2023
Money

Sir...I'm 37 age and just i started investing in MF... Parag Parikh flexi cap - 5000Rs SIP...and i plan to add MFs for total sip is Rs.12000 and any suggestions for good MFs

Ans: Congratulations on starting your investment journey! It's great that you're already investing in Parag Parikh Flexi Cap, which is a good fund for your age and risk profile.

Here are a few other mutual funds that you might want to consider only if you have a long-term investment horizon only 7-10 Years:

ICIC Prudential Nifty 50 Index Fund - This is an index fund that tracks the performance of the Nifty 50 Index, which is a benchmark index of the top 50 companies in India. Index funds are a good way to get broad exposure to the stock market at a low cost.

Kotak Equity Hybrid Fund - This fund is a good option for investors who want a well-diversified portfolio. It invests in a mix of equity and debt securities, across different market capitalizations.
These are just a few suggestions, and there are many other good mutual funds available. It's important to do your own research and choose funds that are right for your individual needs and investment goals.
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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