Should I make any changes to my mutual fund investments?
SECTIONS
Last Updated: May 26, 2021, 02:32 PM IST
Share
Synopsis
If you have any mutual fund queries, message on ET Mutual Funds on Facebook. We will get it answered by our panel of experts.
Getty Images
I am 31 years old. I have started investing in mutual funds from April 2021. My target is to build wealth for long term of 15 to 20 years for my future expenses, like child education and my retirement. I started SIP of Rs 15,300:
Axis Midcap Fund Rs 2,400
Mirae Asset Large Cap Fund Rs 2,400
Kotak Multi Cap Fund (now called Kotak Flexi Cap Fund) Rs 2,400
Owing to better returns over the long term, investing in equity funds to build your child s higher education corpus will allow you to build the adequate corpus with much lower monthly contributions
Which mutual fund schemes should you choose to invest Rs 10,000 for 5 years?
SECTIONS
Which mutual fund schemes should you choose to invest Rs 10,000 for 5 years?ET Online
Last Updated: Feb 23, 2021, 04:11 PM IST
Share
Synopsis
If you have any mutual fund queries, message on ET Mutual Funds on Facebook. We will get it answered by our panel of experts.
Getty Images
I am 44-year-old, working in a bank and my gross income is Rs 70,000 per month. I have 4 SIPs of Rs 5,000 each in Axis Mid Cap Fund, Mirae Asset Large Cap Fund, Kotak Multi Cap Fund (now called Kotak Flexi Cap Fund) and DSP Equity Opportunities Fund. I want to do another SIP of Rs 10,000 for 5 years. Can you suggest the best scheme and also share your comments on my portfolio.
Aggression can hurt more than build wealth for investors livemint.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from livemint.com Daily Mail and Mail on Sunday newspapers.