Invest in Equity MF through SIP
First invest it in Debt fund then thru SIP go to Equity and keep eye on retursn and funds performance and reshuffle the fund if required
You may want to invest in debt for 2-3 months till the markets correct a little or do a SIP if you want to start investing immediately. Doing single shot investment may not be best when the markets are at peak.
You have to be in Equity only for next 20 yrs , Debt is not a place to be in for long term .
You can invest in Equity mutual funds or if you want to take less risk , then balanced funds .
For such a long time, I suggest you to invest in Equity Diversified mutual funds like Reliance Regular Savings Fund and/or HDFC Top 200 (both with growth option). You’ll create good wealth in 20 years.
Invest in Equity MF through SIP
First invest it in Debt fund then thru SIP go to Equity and keep eye on retursn and funds performance and reshuffle the fund if required
whether sip or single shot, you can invest in 1 or 2 of following diversified mutual funds:
1.hdfc equity 2. fidelity equity 3. quantum long term equity 4. templton india growth 5. hdfc top 200 6. icici pru dynamic 6.uti dividend yield plus
You may want to invest in debt for 2-3 months till the markets correct a little or do a SIP if you want to start investing immediately. Doing single shot investment may not be best when the markets are at peak.
Sonali
You have to be in Equity only for next 20 yrs , Debt is not a place to be in for long term .
You can invest in Equity mutual funds or if you want to take less risk , then balanced funds .
Manish
For such a long time, I suggest you to invest in Equity Diversified mutual funds like Reliance Regular Savings Fund and/or HDFC Top 200 (both with growth option). You’ll create good wealth in 20 years.
Hope it will help you.
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