I want to invest Rs 10,000 month SIP. Kindly suggest the mutual fund where to invest next 5 years for better returns.
Ans: Below are few categories and funds that can be considered for next 5 years. You may also create a basket of these funds
Multicap: Suitable options considering quality and value for money at present levels are UTI Equity Fund, Axis Multicap and Motilal Oswal Multicap 35
Focused: Suitable options considering quality and value for money at present levels are Axis Focused 25 and Motilal Oswal Focused 25
Midcap: Suitable options considering quality and value for money at present levels are Motilal Oswal Midcap 30, DSP Midcap and Axis Midcap