POSTED BY June 10, 2012 6:00 pm COMMENTS (4)ON
I hv follow JI Advice since few days… i really appreciate their work keep it up JI (Jago Investor Team)
# I want to get 30 to 40 Lac for my Child Higher Education time horison 18 yrs SIP 5000 P.M.
According to this Blog I understand where should I invest money….Of Course In MUTUAL FUND…
bt Can u plz suggest me 5 to 6 best Divesified Equity Funds which perform gud since 3 & 5 yrs…..
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4 replies on this article “Diversified Equity Mutual Fund”
ok than thanx
Dear Jagdeep, Why 5-6 funds? If 2-3 funds can’t do it for you, even 6-8-10 can’t do either. If you do not increase your SIP amount & keep it as it is i.e. 5K, @ 10% yly return your maturity amount after 18Y ‘ll be around 30L Rs. & @ 12% around 38L Rs. So you are pretty close to your target. Please keep investing.
Invest in following funds –
Franklin India Bluechip Fund Growth Option
Quantum Long Term Eq. Fund Growth Option
Hello Ashal first thnx a lot for ur advice…..actually i dnt kno more abt mutual funds….. In year 2011 I took two funds i.e. HDFC TOP 200 & ICICI FOCUSED BLUECHIP RETAIL GROWTH .. I hv invested 1000 pm each fund… It was my first time…thts why i asked suggest me 5 to 6 divessified fund bz from this fund i will take 3 funds which is better… now abt amount.. in last year i hv invested 2000 pm now i am going to invest 5000 pm…Is it gud turn or not ??
I will increase my SIP amt step by step ok…bt now only 5000 pm before tht plz suggest me few Diversified Equity Mutual Funds which perform better since 3 to 5 yrs…..
God Bless You…….
Dear Jagdeep, please invest in your existing fund. be an investor of MFs & not the collector of MFs.