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Ulhas

Ulhas Joshi  |186 Answers  |Ask -

Mutual Fund Expert - Answered on Sep 13, 2023

MAHESH Question by MAHESH on Sep 02, 2023
Money

please suggest the top 5 mutual funds for monthly RS 2500/- each

Ans: Hello Mahesh and thanks for writing to me. Assuming your goal is wealth creation over the long term and you can take risks, you can consider starting SIP's of equal amounts in:

1-Edelweiss NIFTY 100 Quality 30 Index Fund
2-DSP Quant Fund
3-SBI Focused Equity Fund
4-HSBC Consumption Fund
5-UTI Dividend Yield Fund

Periodic rebalancing of your portfolio is essential to ensure you are on the right path. Stepping up your SIP's every year will help you create a larger corpus.
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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