POSTED BY December 24, 2013 5:53 pm COMMENTS (9)ON
I want to invest some amount in SIP way in Equity oriented MF. My goal is to get 12-15% return (More will be GREAT 🙂 ) in 15 years time frame.
I can invest Rs 5000 per month as a start and I can increment this amount by 10-15% every year depending on my financial situation at that time. Considering the 15 years term that I can invest, I think Equity oriented MF will be good. And I am thinking about these:
1. Franklin India Prima Plus
2. ICICI Pru Focused Blue chip equity fund.
3. HDFC Prudence
Are there any better options? And how much should I put in each of these out of my monthly investments? One more thing, what is the exact difference between “Growth” and “Dividend Reinvestment” Methods?