Sir.. I want to invest 10 Lakh Lumpsum in Mutual Funds and also want to start SIP of 50 K/month.. Please suggest funds to inverst both lumpsum and SIP.. Looking for 5 Yrs horizon for both .. Thanks in advance
Ans: Hello,
Assuming your age is 30-35 years and your time horizon is 10yrs+ , you can select the following funds
Small cap - 25%
Mid cap 25%
Large and mid cap - 15%
Multicap - 10%
Consumption fund - 10%
As per choice - 15%
Please note that these suggestions are based on your stated goals and the information you provided. It is always a good idea to consult with a financial advisor in person to better understand your risk tolerance, time horizon, and specific financial goals.