I am 48 years old new to SIP/MFs. I have some funds of Rs 5 lakh which I want to invest for long term. Please suggest some good MFs for long term investment along with how to split the amount.
I can also invest 25k monthly in SIP for 5-6 years. Please suggest some good MFs with medium risk. How can I invest directly in MFs without any agent or other?
Ans: Few funds that can be considered are as under:
Uti Flexi Cap Fund -growth
Axis Esg Equity Fund -Growth
Kotak Business Cycle Fund-growth
Samco Flexi Cap Fund - Growth
There are many RIA (Registered Independent Advisor) platforms available where you can invest in direct schemes.