Age: 23
Question: I want to start investing in MF through SIPs, monthly investment would be 1500-2000. My goal is to invest for 10-15 years from now. And keep the amount invested for another 10 years, to use the compounding power.
Can you suggest me few mutual funds? Please note: my basic idea was to invest 1000 in a reputed/large cap fund and 500 in another fund (Growth). Please suggest.
Ans: Large cap fund: HDFC Top 100 – Growth plan OR SBI Blue chip fund - Growth
Flexi Cap Growth option: Parag Parikh Flexi Cap Fund- Growth OR Samco Flexi Cap Fund – Growth