Investing

Question: Which type of mutual fund is best for long term investment?

Long-term goals have a horizon beyond 10 years and equity-oriented schemes(>=65% equity allocation) are the one of the best longterm investment option. Equities have a higher potential for growth even though more volatile in the short-term as compared to hybrid and debt funds.

Also, which type of mutual fund is best for long term?

  1. Axis Bluechip Fund.
  2. Mirae Asset Large Cap Fund.
  3. Parag Parikh Long Term Equity Fund.
  4. UTI Flexi Cap Fund.
  5. Axis Midcap Fund.
  6. Kotak Emerging Equity Fund.
  7. Axis Small Cap Fund.
  8. SBI Small Cap Fund.

You asked, which type of mutual fund is best for long term investment Quora? If you are planning to invest for the long term i.e. more than 7 years, you can look to invest in Equity Funds. This is because equity as an asset class has outperformed all the other asset classes in the long run.

Correspondingly, which SIP is best for 20 years?

  1. Edelweiss Greater China Equity Off-shore Fund.
  2. Franklin India Feeder – Franklin U.S. Opportunities Fund.
  3. PGIM India Global Equity Opportunities Fund.

Considering this, which type of mutual fund is safe? Liquid Funds:Considered to be the safest type of mutual fund, liquid funds invest in liquid instruments with short maturity i.e. less than 91 days. They provide 1% or 2% higher returns than savings account with almost no risk.Is SIP good for the long term? Yes. In fact, it is better to invest in SIP for the long term. Instead of waiting and accumulating money to invest, you start investing whatever amount you are able to save.

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How do I choose a long term mutual fund?

  1. Identify Goals and Risk Tolerance.
  2. Style and Fund Type.
  3. Fees and Loads.
  4. Passive vs. Active Management.
  5. Evaluating Managers and Past Results.
  6. Size of the Fund.
  7. History Often Doesn’t Repeat.
  8. Selecting What Really Matters.

Is mutual fund safe for long term?

Mutual funds are a safe investment if you understand them. Investors should not be worried about the short-term fluctuation in returns while investing in equity funds. You should choose the right mutual fund, which is in sync with your investment goals and invest with a long-term horizon.

Is Axis Bluechip fund good for long term?

Axis Bluechip Fund (Growth) is recommended for investment within large cap mutual funds. Large cap funds provides inflation beating growth over the long term and is suitable for investment objectives with duration of 10-15 years or longer (minimum 5 years).

Can I invest SIP for 20 years?

However, if the investment amount is ₹15,000 per month, one can accumulate ₹1 crore after 15 years. … If he does that for next 20 years, then in that case, if the investor starts a mutual fund SIP investing ₹15,000 per month today, he will be able to accumulate around ₹5.55 crore after 20 years.”

Is SIP profit tax free?

If a SIP of an equity fund is held for less than 12 months, there will be short-term capital gain taxable at 15%. … But if a SIP of a debt fund is held for 36 or more months, then there will be long-term capital gain taxable at 20% after indexation of cost.

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Can we invest in SIP for 20 years?

Check out the Benefits of Investing through SIP You can begin with a small amount like Rs. 500 to start your SIP, and with a continuous SIP of Rs. 5000 per month for tenure of 20 years or so you can build a corpus of Rs. 1 Crore.

Is SBI Mutual Fund Safe?

Safety: The mutual fund schemes by SBI are one of the country’s trusted and reliable fund schemes. Variety of Options: Investing in SBI Mutual Fund comes with a broad Range of choices, you can invest for a short-term, mid-term and long-term in these schemes offered by the SBI.

Can I become rich by investing in mutual funds?

Investing in mutual funds is one of the most popular and effective ways to create wealth for the future. It is also a great way to generate passive income. This is due to the appealing long term returns and diverse investment options.

How can I save 50 lakhs in 5 years?

50 lakh in 5 years, you should err on the side of caution and plan to invest the maximum amount of Rs. 67,610 every month. While this amount is substantial and you will have to keep making this sizeable investment every month for the next 5 years, it will give you the best chance of reaching your investment goal.

Which mutual fund is best for 3 years?

  1. PGIM India Diversified Equity Fund.
  2. Parag Parikh Long Term Equity Fund.
  3. Mahindra Badhat Yojana.
  4. UTI Equity Fund.
  5. Mirae Asset Emerging Bluechip Fund.
  6. Baroda Pioneer Multi Cap Fund.
  7. DSP BlackRock Equity Fund.
  8. Canara Robeco Emerging Equities.
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