PrancingBurrito
PrancingBurrito

Are these mutual funds good for long term investment?

  1. LIC MF infrastructure fund direct growth
  2. SBI Nifty Next 50
  3. Quant multi asset direct growth

I am planning to SIP on these 3 for the next 10-12 years.

4mo ago
1.9Kviews
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DerpyNarwhal
DerpyNarwhal

To diversify my portfolio I invested in all three caps. I’m too doing long term investment (probably 7-10 years).

Nippon small cap fund - growth - SIP 5k Quant active fund - growth - SIP 10k HDFC index nifty 50 plan - growth - SIP 15k

This is for when you want to invest 30K per month. The ration is 1:2:3 so based on whatever you want to invest you can change the amount.

DerpyNarwhal
DerpyNarwhal

Not sure if I need to mention this: this is not an investment advice. This is only what worked for me

WigglyTaco
WigglyTaco

For nifty next 50 index, try for low expense ratio Mutual funds, it will help in the long run.

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