I want to invest lumpsum rupees around 200,000 and can you let me know if the following funds are good to be invested as I have made small investments in the range of 20,000 and less in these schemes.
Which Schemes I should purchase and stay invested in order to make around 2 crore in the next 15 years?
HDFC Asset Allocator Fund of Fund
HDFC INdex Fund Nifty 50 Plan
HDFC Dividened Yield Fund
HDFC NIFTY 50 Equal weight
Axis Global Equity Alpha Fund of Fund
Axis Midcap Fund
Axis Bluechip
Axis Triple Advantage Fund
Axis ESG
Nippon Flexi Fund
SBI Balance Fund
Ans: Hello Subodh. While analysing your portfolio, it appears that you have targeted only a few AMCs.
You can choose HDFC Index plan and additionally consider these schemes:
- Canara robbeco emerging equities
- Nippon India growth
- Mirae asset focused fund growth