Best MF SIP to Invest for next 3 Years?

POSTED BY Ujjwal27 ON February 6, 2015 9:49 am COMMENTS (5)

Hi , I am planning to invest 35000 Rs per Month in Mutual Fund SIP. Please tell what are the good funds available in Market to gain maximum advantage. Also I would like to have ELSS Fund in my Mutual Fund Portfolio. My Goal is to create Money for the Down Payment for the House/Flat. I am aiming to Have 20 Lakh by the end of these 3 Year.

5 replies on this article “Best MF SIP to Invest for next 3 Years?”

  1. Nitish says:

    Hi sir i am the new investor and i want to invest Rs 5000 per month in sip for 5 years.please suggest me which is the best sip for me to give high return at the end of 5 years?

    1. Hi Nitish

      I can see that you are interested in investing in mutual funds. I want to share that now you can invest in mutual funds with Jagoinvestor as your advisor

      We create a FREE online account for you, from where you can invest and redeem online.

      Our team will be happy to explain you more on this.

      Find more at https://www.jagoinvestor.com/start-sip

      Manish

  2. Ujjwal27 says:

    Let me be clear , I don’t want to invest entire 35,000 in ELSS Scheme. I want to Invest 3,000 rs for ELSS and rest 32,000 For any Mutual Fund Schemes. SO I would like to Know the best mutual funds schemes to Invest 32,00 rs so that i would get around 15,00,00 rs By the end of 3rd year.

    1. Hemanth says:

      Manish has just illustrated that to reach your target, you must get XIRR of 32%…. In my opinion, in the next 3 years reaching this is impossible…. Also, you might loose money if you invest for short terms of 2-3 years in high risky equity mutual funds.

  3. You will be investing Rs 35,000 per month for 3 yrs in ELSS and you want 20 lacs by the end of it . Here you need to look at 2 things very carefully

    1. You need 32% return on consistent basis

    If I do a XIRR analysis, what you want is possible only if you get 32% return on annual basis and that looks a little on higher side from equity markets at the moment considering the run up has already happened so much in last 2 yrs . I think its a bit unrealistic to expect that. I think on the other hand you should expect not more than just 10-12% from markets in next 3 yrs . Below is the XIRR analysis cut paste from the excel sheet

    01-01-2010 -35000
    01-02-2010 -35000
    01-03-2010 -35000
    01-04-2010 -35000
    01-05-2010 -35000
    01-06-2010 -35000
    01-07-2010 -35000
    01-08-2010 -35000
    01-09-2010 -35000
    01-10-2010 -35000
    01-11-2010 -35000
    01-12-2010 -35000
    01-01-2011 -35000
    01-02-2011 -35000
    01-03-2011 -35000
    01-04-2011 -35000
    01-05-2011 -35000
    01-06-2011 -35000
    01-07-2011 -35000
    01-08-2011 -35000
    01-09-2011 -35000
    01-10-2011 -35000
    01-11-2011 -35000
    01-12-2011 -35000
    01-01-2012 -35000
    01-02-2012 -35000
    01-03-2012 -35000
    01-04-2012 -35000
    01-05-2012 -35000
    01-06-2012 -35000
    01-07-2012 -35000
    01-08-2012 -35000
    01-09-2012 -35000
    01-10-2012 -35000
    01-11-2012 -35000
    01-12-2012 -35000
    01-01-2013 2000000
    XIRR = 32.31%

    To learn more about XIRR , see https://www.jagoinvestor.com/2009/08/what-is-irr-and-xirr-and-how-to.html

    2. When you invest for 36 months in ELSS, each payment will get locked for next 36 months. so you cant get the full amount after 36 months . Please be clear on this point . I think the best you can do right now is invest in ELSS 50% part with moderate expectations and rest in a Debt fund and have a 4-5 yrs of view

    Manish

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Download Our FREE Ebook!

Available only for first 100 people today

Download Our FREE Ebook!

Available only for first 100 people today