by PerkyBagelEY
Best fund to invest lumpsum for long term?
I have some lumpsum of say 1-2 lakhs and wish to invest for long time into a good fund for good returns. Suggestions are welcomed.
JumpyMuffin
Where to invest Rs. 2 lacs right now?
Hi folks,
Personally, I thought I should invest in the index fund. Because, I don't want to take the risk with this amount.
But I would still like to know 2 things -
- Is the index fund fine?
- Is it the right time to invest in lumpsum Or should I do an SIP of 20k?
Any help would be appreciated.
Thanks in advance :)
10mo ago
FluffyCupcake
Amazon10mo
We don’t know your risk profile, but your statement gave me a hint of conservative.
For a conservative investor in the current market situation, I will do 2 step investing.
- Put 1.6/1.8L in arbitrage/liquid fund
- Start monthly index investing with 20k
If I see 2.5% correction in index, I will move 60k in index from arbitrage/liquid. If index sees more than that, I will transfer rest of the amount to index.
The above method will preserve my capital & gains both.
SquishyCupcake
Stealth10mo
But why do so much magajh mari? Let it stay in bank account and do SIP?
FluffyCupcake
Amazon10mo
You can keep everything in bank account for 3% returns and slab taxation.
Arbitrage/liquid will give you 6-7% and for arbitrage taxation is equity linked.
Overall, to make money, some magaj maari is required 🙂
BouncyNarwhal
Sprinklr10mo
Invest the entire thing in a Debt Mutual Fund and have a Systematic Transfer Plan (STP) into an Equity Mutual Fund. Your risk exposure is lower this way and your money is out of your hands so you don't end up spending it
PeppyCoconut
Infosys10mo
Correct. I had invested 2.5lacs in mirae asset debt fund and then stp of 15k in tax sever and bluechip have me too good returns. Stp has one advantage that your fund is getting some appreciation in debt investment
WobblyMarshmallow
Stealth10mo
Had posted the same question 3 months back when I had 10L to invest, the same people answered that the market has topped out and it’s not wise to go for it. The only thing I’ve realised is there’s no right time, if your investment horizon is over 5 years, just make it a habit to keep investing every month.
GigglyPancake
EY10mo
Indian equity market is far from topping out. We have immense growth potential for next 10-15 yrs in the minimum. The sooner you start investing, the sooner you will get to enjoy the fruits
JumpyPotato
Nothing Tech10mo
Bhai, thoda basic details de do. Jaise ki kya karna hai tumko iss paise (matlab badhana karna hai, safety net banani hai, koi samne aane wale expense ke liye rakhna hai taaki thoda bohot badh bhi jaye aur safe bhi rahe etc)?
Also, kitne din tak rakh sakte ho isko bina touch kiye?
Yeh dono bol do, baki I can tell you how to go about it.
JumpyMuffin
Contlo10mo
Bro, papa ne FD banaya tha and ab mature ho gaya so. He told me ki equity mein daal dete hai.
Mera koi plan nahi hai isko use krne ka, that's for sure. Liquid funds hai humare paas, usse kaam ho jaayega.
I am thoda skeptical about puting it lumpsum abhi. So, thought ki SIP kardu yaa lumpsum bhi chalega.
JumpyPotato
Nothing Tech10mo
Okay bro. See mai apna funda bolta hu tab mai kya karta.
- Direct stocks/equities - No
- Mutual fund - yes (but depending on further analysis, as MFs are always for some goals,, not just ambiguous statements like "i wanna grow my money")
- FD - yes (as the sum is not a very small one, so less risk avenues can make sense for 1 time payout. FD now, will offer inflation beating interest as well as protect the capital)
- SGB - big yes! (Majorly baser on past trend of SGBs giving massive returns while again protecting capital)
- Govt investments - Big no
Now, SIPs or one time?
-
If i do SIP, that SIP will continue only till 2 lakhs. So it's not a long term as such even if you make a SIP of 10k, it comes to be of 20 months. Not making much sense to me. More so because currently market is at its all time high, so there are chances that market will correct and if you buy now, you will see some losses in shorter time.
-
Lumpsum also doesn't make sense at this all time high scenario.
-
So my first preference will be FD and SGB. Second will be MF but I would prefer to wait for some time to see if the market falls down by a few hundreds. Then I would enter.
PrancingNugget
Stealth10mo
If you wanna play safe for long term investment in PPF and NPS
For short term SGB bonds will be my choice.
For 15-20year go for equity MF or flexicap mutual fund in SIP not all in one go.
PrancingPotato
Stealth10mo
Keeping the present market dynamics in mind: Buy SGBs. Else, buy gold coins.
PeppyPickle
TCS10mo
Should it be bought from trusted jeweller or bank or any other way?Which is the best option?
PrancingPotato
Stealth10mo
SGBs - use iMobile (icici bank). However, they only issue twice a year.
Gold coins ‐ buy from a reputed store. Only downside is - they take 7% making charges + 3% gst.
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Guys I have saved almost a lakh and want to invest this as a lumsum to an SIP kindly advise which fund to choose..or you guide me! any kind of suggestions will help.
Still new to this..
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