I am 58, I wish to get good returns (around 50%) in 4 years.
I can invest lump sum of 30 lakh.
Wish to invest 3 lakh in 10 funds or 5 lakh in 6 funds.
Do advice the best options.
Ans: Considering the risk and return requirement hybrid funds seems better option.
You may consider the below basket
Mutual Funds | Plan | Per cent |
Edelweiss balanced advantage fund | Growth option | 20.00% |
Canara robeco equity hybrid fund | Growth | 20.00% |
Motilal oswal equity hybrid fund | Growth | 20.00% |
Union balanced advantage fund | Growth | 20.00% |
Tata balanced advantage fund | Growth | 20.00% |