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Ramalingam

Ramalingam Kalirajan  |3744 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 22, 2023

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
Bhavna Question by Bhavna on Apr 06, 2023Hindi
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Which mutual fund is best for sip??

Ans: If you are familiar with selecting good funds, then go for active equity funds. You can also get help with MFD or advisor in selecting good funds.

Otherwise, you can go for simple index funds.
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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Ramalingam

Ramalingam Kalirajan  |3744 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 06, 2024

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Sir Please suggest best Mutual fund as i want to Do SIP for long term.
Ans: While I can't provide specific fund names, I can offer some general guidance:

Consider investing in diversified equity mutual funds for long-term wealth creation. These funds invest in a mix of large-cap, mid-cap, and small-cap stocks, offering growth potential while spreading out risk.
Look for funds with a proven track record of consistent performance over several market cycles. Past performance is not indicative of future results, but it can provide insights into a fund's management strategy and risk management practices.
Pay attention to factors like fund manager experience, expense ratio, and portfolio turnover. A seasoned fund manager with a solid investment approach can navigate market volatility more effectively.
Evaluate the fund's investment philosophy and strategy to ensure it aligns with your risk tolerance and investment goals. Some funds may focus on growth-oriented stocks, while others may prioritize value or dividend-paying stocks.
Consider your investment horizon and risk appetite. If you have a long-term investment horizon (e.g., 5 years or more) and are comfortable with market fluctuations, you may opt for equity-oriented funds. For shorter investment horizons or lower risk tolerance, consider balanced funds or debt funds.
Lastly, seek professional advice from a Certified Financial Planner (CFP) or a trusted financial advisor. They can assess your financial situation, risk profile, and investment goals to recommend suitable mutual funds that align with your needs.
Remember, investing in mutual funds involves risk, and it's essential to conduct thorough research and seek professional advice before making any investment decisions.

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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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