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Ulhas

Ulhas Joshi  | Answer  |Ask -

Mutual Fund Expert - Answered on Sep 13, 2023

With over 16 years of experience in the mutual fund industry, Ulhas Joshi has helped numerous clients choose the right funds and create wealth.
Prior to joining RankMF as CEO, he was vice president (sales) at IDBI Asset Management Ltd.
Joshi holds an MBA in marketing from Barkatullah University, Bhopal.... more
MAHESH Question by MAHESH on Sep 02, 2023Hindi
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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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