I am 60 years old, I want to invest in 3 to 4 Mutual funds Rs.15 lakhs for swp amount of Rs.12,000/- per month for next 10 years, which funds will be better from below mentioned funds
SBI small cap fund
HDFC Top 100 fund
Mirae Asset Blue Chip fund
UTI nifty Index fund
Mirae Asset large cap fund
ICICI Prudential Blue chip fund
Index fund nifty 50
Parag Parikh Flexicap fund
HDFC Flexicap fund
Ans: Considering your age and investment objective, it's prudent to prioritize stability and consistent returns. Opting for a mix of large-cap, blue-chip, and flexi-cap funds can provide a balanced portfolio, ensuring growth potential while mitigating risks associated with small-cap or sector-specific funds. A Certified Financial Planner can help tailor your investment strategy to align with your goals, ensuring a steady income stream through SWP while preserving your capital for the long term.