Hi, I am new to investing, i am looking for mutual funds where i can have a long term investment. I and ready to invest 10k per month in SIP's split accross multiple funds. Can someone provide me suggestions

Posting as :
works at
You are currently posting as works at

Firstly share your age that will make the suggestions relevant (I am assuming you are quite young and just starting your investing journey). Pick 1 nifty index fund and Nifty next 50 index fund (UTI seems to have the lowest expense ratios) if you want to keep it simple. If you want active funds with higher expense ratios you could pick 1 large cap, 1 mid cap, 1 small cap fund and split based on your age. At early age it's ok to take more risk so you could allocate higher in small caps. Large cap options - mirae/axis, midcap-hdfc/sbi, small cap- SBI/axis.

like

Direct index mutual fund is the product made for you!

Split 50-50 between Nifty 50 and Next Nifty as suggested above and continue your SIP until your retirement and don’t forget to increase the SIP amount periodically.

Select the company which has the lowest expense ratio (TER).

You can expect 12-15% returns in the long run.

like

Invest 5k each into two equity mutual funds. My suggestion would be -

1. Kotak Emerging Equity Fund (Mid cap)
2. Canara Robeco Emerging Equities or Mirae Asset Emerging Bluechip Fund (Large/Mid cap)

Agree, I have invested in Kotak Flexicap Fund & Motilal Oswal S&P 500 Index Fund too. But to start of with, would suggest not putting in money across multiple funds. 2-3 max as of now.

Try scripbox.

Related Posts

My org will be pausing the Employer match to 401k for a few months. What's the best strategy to optimize my investment at this time?
Ride along/increase or decrease my percentage?

like

What are the best ways of tax exemption

like

Little worries here guys - not able to transfer to Bittrex. Tried from Polo and Jaxx (cold storage). Transaction looked like it was going thru from Jaxx then seemed like it failed. ETH appeared back in Jaxx account and no changes to trans history...thoughts?

Hi, I repaid my student loan today and feel awesome. Want to start saving for a home ($350-400k). Any suggestions if I should invest in something short term or a Roth IRA or let it sit in my bank?

likeuplifting
like

I have $20k in savings, I owe $6,000 to my 401k loan, that’s the only loan I got. I am debt free otherwise except for my house. Should I use my savings to pay off? Since people are talking about unemployment and being fired, I wanted to make sure I have enough, 👩🏾‍💻... What should I do? I initially took the loan to add to my home equity when I sell my house for a new house then covid hit.

like

Buying our first home and from a friend, we are both not using realtor. How do you got about doing this, does some have a playbook I can use?

like

Who do you think will take a shot at buying iAnthus’ assets being auctioned off by Roth Capital?

Parents are deciding between moving to WVirginia vs Virginia at retirement to be closer to us based in fairfax (ideally be at 1 hour driving distance). They currently in the mid west but WVirginia appeals to them because of low taxes, low cost of living. We are also poc so appreciate some diversity.

What are some areas you would recommend both in Va and WV? What else should they consider prior to house hunting? Dad likes to garden/farm as well so looking for homes with large backyards. Tia!

like

“It turns out that wealth does trickle down, you just have to make them bleed first”

I guess they didn’t like bleeding so they’re trying to manipulate the markets in their favor AGAIN.

Post Photo
like

Looking for a lawyer for get prenup done. Any recommendations will be helpful

likefunny

What’s a good, practical tax book to read for someone who knows nothing about taxes? I feel like I should familiarize myself with them but don’t know where to start/find the topic very overwhelming and dense even as a finance attorney. Welcome to other beginning finance book suggestions too! (Already read Kiyosaki and Ramsey)

like

Does the UK have tax breaks for people with kids, mortgages, etc. like they have in the US, Singapore, etc.?

What are some good modern/post-pandemic personal finance books you can recommend?

I’m looking for a real estate agent in South Florida to help my buy a house. Must be an aggressive negotiator. Any recommendations?

like

My 401k technology stocks are down 27% as I started beginning of last year!
Hold and ride OR some other recommendation?

like

I’m moving to SF at the end of summer. Is it common for single people in their early 30s to have roommates?

I could afford a $4k 1bd/1ba place and understand the HCOL, but that much for rent seems excessive to live close to work in downtown SF especially with student loans, etc.

like

Thinking about using my VA loan in a few years. Any advice?

like

What are currently the best Canadian credit cards for travelers? Looking for Aeroplan or bonvoy points or companion tickets

like

My father took a home loan, and the same home is kept as mortgage.
I'm paying arround 22k emi for the same but unable to exempt tax as the loan is on my father's name.

I googled a lot how to transfer it but neither gift deed nor sale deed would work as the property is on mortgage that's under bank's ownership (until loan is fulfilled).
Tax is also getting deducted, I'm paying hefty emis.
What can I do?
Please advise 🙂

likefunny

More Posts

Hi Fishes, If i extend my doj will it affect my joining bonus in ibm. Because in offer letter its mentioned as on or before doj. Thanks in advance IBM

Anyone willing to help out on a job referral at Meta? There’s a dream role I’m sure i’d be a great fit for. Augmented Reality Creative on the Messenger team.

like
like

Hi, looking for opportunities in analytics domain.
Skill sets: Alteryx, Tableau and SQL
YOE 3yrs

Got Amazon career essentials (ACE) assessment to complete for Business Analyst role
To anyone who has experience with it- What kind of work simulation questions should I be expecting?
Is there a way I can prepare for it or any resources one must know of?

like

Thoughts on working at Bain GBS

Anyone know EP salaries in Dallas? 200-250? Any Info is appreciated

Need to quit my firm. Who’s got local projects?

like

Planning to buy a condo in 451 W Huron - Yay or Nay? Will live for a year and then rent it out. Don’t want to renew lease another year.

like

Anyone been to the DMV at Diversey recently? Curious if you have any tips on when to go, etc. Thank you!

like

Im interviewing for an internal promotion at my current employer. I’ve previously expressed a lot of interest in this specific role and it’s well known throughout my division my interest. Even though I’ve conducted informational interviews before now to get a feel of the role, now that I’m going through the full interview process, it doesn’t seem like what I want to do any more. I’m considering withdrawing my application, but I’m afraid of the optics and future career at this company. Thoughts?

like

Lately, I've been hearing a lot from my peers about how sales isn't a real profession.
I work at a tech startup and it mostly comprises developers. They can't stop emphasizing their importance in the food chain and I can't figure if I'm too humble or they're too arrogant.
This yapping comes from people I've known since college. I have successfully blocked all such negativity but wanted to know if anyone here has faced such scenarios.
P.S: I've already accepted an offer above my expectations

like
like

Hello everyone,

I love in Europe and was wondering how difficult or easy getting remote front end position in a US company would be and if the salary would be the same as a US citizen who lives in the US?

like

Hello
am looking job openings in azure
I have 1.5 years of experience and currently on notice period
I can join within 15 days.
Please DM me if you know any vacancies

like

6/14 Check-In! Feeeling excited today cuz I got a new badge 🤩 What are you all up to today?

likeuplifting

Hi Fishes,
My onboarding portal stands at 60% for the past one month, Got the offer letter and uploaded for Recruiter approval that is too pending with approval.Please assist me when the recruiter will approve the offer letter which i upload in the onboarding portal. My DOJ on 5th dec

Post Photo

Does anyone have any experience or know of someone who went from FDD to PE operations (think Cerberus COAC). Would be great to hear any insights or thoughts on the jump and transition.

like

What salary can I expect as a Manager 1 in Accounting Advisory in NYC at a mid-tier firm (GT, BDO, RSM)?

like

Hi everyone,

I have received an online assessment from Accenture for selenium Automation Testing.
Any one has any idea what sort of questions are asked. It will be really helpful.

Thanks in advance

like

Additional Posts in India Investments

How do you manage and track all your investments? E.g., stocks, mutual funds, PPF, PF, gold etc.? Do you use an Excel sheet or some app?

like

My queries is related to ELSS fund.

Can some one please explain me the concept of lockin perod in ELSS fund.?

I have a sip which started on 1st June, 2019.

So the lockin will b till 1st June, 2022 or the 2 yr lockin will keep on adding on each sip?

I am bit confused here.

Any help much appreciated.

like

Views on Zomato ipo?

like

Looking for names of some effective financial/investment planners. Any suggestions? Plz give only the ones u hv worked with or experienced!

like

Welcome everyone. I hope to keep this bowl clean of any promotional content while discussing ideas to grow our wealth together. Please share the group link on your company bowls so that we can get good participation and useful insights...

like

Has anybody invested on affordable housing in Gurgaon, India? Or got any insight for a first time investor.

like

I started investing in January 2021 with a current portfolio of 40:60 across Mutual Funds ad stocks. The MF portfolio is giving my a current return of around 10% cumulative whereas the stocks are giving around 6% cumulative.

Not sure how to get the game right.
Views please friends.

Are you going to invest in Navi's Index fund ?

like

What credit cards do you hold and which one do you recommend?

What are the recommended tax saving options apart from 80C, HRA & NPS? Any insights would be much appreciated.

like

Which crypto coins are you putting your money in?

like

use an advisor for dynamic asset allocation as your forte is your knowledge .so leave it to professional like me may cost some but few bucks are cheaper then losing principal in crypto or any unregulated asset class if interested@9302340643

Post Photo

Hi guys, should I buy lumpsump for coffee can investing or do SIP ? And one more question if you guys can help . At what point let say I hold a coffee can stock when should I exit. I am planning to hold for 10 years but how do I know that this stock is not relevant now or some red flag I should exit .

like

Is it true that stocks bought and sold are visible in form16?

From stocks to crypto to NFT, which is the next big investment opportunity where we could be the early movers (investors) and make great returns? Love to hear them.

What platforms do you use for your investments?

I use Zerodha for brokerage and Kuvera/Coin for MF investments.

like

If I invest 50k in NPS, I would save 7k this year as per my tax calculation. Is this a good deal? In general, I don't like such long term investment, maybe I'd start that when I'm 35 but not today.

like

If anyone is interested in investing in crypto, I’m running a kickback campaign on Vauld, where both, you and I can reap benefits. You could also FD your crypto investments at interest rates as high as 12.68% for a few tokens.

Comment here or DM me personally if interested to talk further. Note that this crash is a great opportunity to enter. 😊

Anyone into option selling ?

like

I wanted to get your thoughts on the following:
1. Health Insurance for your parents (assuming they are 60+)
2. Term life options for myself (under 30)

I recently went through a medical family emergency and realised how important insurance is. Any suggestions will be appreciated.

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal