Get the app
Personal Finance
Personal Finance
on
DancingPotato
DancingPotato
IBM

Need mutual fund advice

Hi, I am new to investing, wanted to know which mutual funds should I choose. m 23 I have around 10k to invest per month ? Or you can share where are you guys investing?

19mo ago
FluffyCupcake
FluffyCupcake
Amazon19mo

I am taking two factors from your description - Age 23 & SIP (10k)

  • 5k in NIFTY Index fund + 2k in Oswal/Navi Nasdaq fund + 3k in PPF/SGBs

Age on your side, index fund will give you good returns over long term yet costs will be low. PPF/SGBs will provide you liquidity in your 30s to make life events easier. Nasdaq exposure will hedge you against global volatility.

GroovyTaco
GroovyTaco
Stealth19mo

Nifty 50 index Parag parik flexi Nifty next 50 index Nifty bank index PSU Bank index Small cap imdex

DerpyPotato
DerpyPotato
Stealth8mo

Hi.... It's best to follow a proper approach towards investment. We are a financial consultancy. DM to get your queries answered.

Discover more
Curated from across