I started reading your MF articles regularly, so requesting your guidance as I would like to start investing in MFs.
I am 55 years old, working in an IT company and would like to start monthly SIPs for 35K and lump sum investment of Rs 5 lakhs and would be looking for 15 per cent plus return over five years.
Please let me know whether I can avail your regular investment expertise, if the option is available.
Ans: It's better to start with staggered investments, instead of a lump sum.
A few schemes that may be considered are:
1. Axis ESG Equity Fund - Growth |
2. Motilal Oswal Focused 25 Fund - Growth |
3. ICICI Prudential US Bluechip Equity Fund - Growth |
4. SBI Magnum Global Fund - Growth |
5. DSP Quant Fund - Growth |