Can I invest 15000 in mutual funds?
Table of Contents
Can I invest 15000 in mutual funds?
15 x 15 x 15 rule of mutual funds is one of them. In this mutual funds SIP (Systematic Investment Plan) investment, an investor can become a crorepati by investing ₹15,000 per month for tenure of 15 years. This rule says that mutual fund return would be 15 per cent if an investor has such a long-term time horizon.
Which mutual fund is best for SIP for 1 year?
Best SIP Plans for the Year 2022
| Fund Name | Monthly Investment | 1 Year Returns |
|---|---|---|
| Axis Bluechip Fund | 5000 | 52.52\% |
| Axis Focused 25 Fund | 5000 | 61.91\% |
| DSP Equity Fund | 5000 | 31.90\% |
| Franklin India Focused Equity Fund | 5000 | 80.39\% |
How to start investing in SIP mutual funds?
Start with a Minimum Investment of Rs.500: The investors can start investing in SIP mutual funds with a minimum amount of Rs.500. Moreover, in SIP investment there is no upper limit set on the maximum investment limit.
Which is the best SIP portfolio for long term investment?
Aggressive portfolio is ideal for long term SIP investment and can be used for retirement planning by investors who have a long time to retire. As an all equity portfolio, it has a mix of five equity schemes from top Mutual Fund Houses.
Which are the best SIP plans 2021-2022?
Choose from Best SIP plans 2021- 2022 that offer good returns for your investment, ICICI Prudential Technology Fund SIP, Aditya Birla Sun Life Digital India Fund SIP, TATA Digital India Fund SIP, SBI Technology Opportunities Fund SIP, Franklin India Technology Fund SIP
How to create a portfolio of mutual funds by investing 15000?
If you wish to create a portfolio of mutual funds by investing in a SIP of 15000 per month, it’s suggested not to have too many funds. Going for just 2-3 funds is more than enough. Depending on one’s risk profile, some possible combinations are: