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Hardik Parikh106 Answers  |Ask -

Tax, Mutual Fund Expert - Answered on Apr 25, 2023

Asked on - Apr 23, 2023Hindi

Hi, I am 45 years. I can invest 50K per month in MF for 15 years for a good return to secure my life after 60. Please guide. Thank you.
Ans: Hello Wasif,

Thank you for reaching out and considering mutual funds as an investment option for your financial goals. It's great to see that you are planning for your life after 60, and I am here to help you make the right decisions.

Given your age, investment horizon, and the amount you can invest, I would recommend a balanced approach that combines both equity and debt mutual funds. This approach would help you achieve growth while minimizing risk over the long term.

Here's a potential investment plan for you:

Equity Mutual Funds (70% allocation): Since you have a 15-year investment horizon, it would be wise to allocate a significant portion of your investment to equity mutual funds, which have the potential to offer higher returns over the long term. Diversify your equity investments by choosing a mix of large-cap, mid-cap, and small-cap funds.
Debt Mutual Funds (30% allocation): Allocate the remaining portion to debt mutual funds to provide stability and cushion against market volatility. You can consider investing in corporate bond funds, banking and PSU debt funds, or short-term debt funds based on your risk appetite.
Ensure that you review your portfolio periodically and make adjustments as needed to maintain the desired asset allocation. Keep in mind that investing in mutual funds is subject to market risks, and it's essential to have a long-term perspective and patience to achieve your financial goals.

Additionally, consider consulting a financial advisor to help you select the right funds based on your risk profile and financial objectives. Remember that the key to successful investing is consistency and discipline, so stick to your monthly investment plan without fail.

I hope this helps you make an informed decision. Wishing you all the best in securing a comfortable life after 60!
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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