Which mutual fund is best for lump sum investment?
Which mutual fund is best for lump sum investment?
What Are the Best Mutual Funds for Lumpsum Investment?
| Fund Name | Fund Category | 5 Year Returns |
|---|---|---|
| Quant Tax Plan | ELSS | 23.92\% |
| PGIM India Flexicap Fund | Flexi-cap Funds | 20.62\% |
| Mirae Asset Emerging Bluechip Fund | Large and Midcap Funds | 21.74\% |
| PGIM India Midcap Opportunities Fund | Midcap Funds | 21.42\% |
Which SBI Mutual Fund is best for lump sum investment?
SBI Mutual Fund offers both SIP and lump sum ways to invest in equity funds….
- SBI Technology Opportunities Fund.
- SBI Small Cap Fund.
- SBI Magnum COMMA Fund.
- SBI Magnum Mid Cap Fund.
- SBI Contra Fund.
- SBI Focused Equity Fund.
- SBI Healthcare Opportunities Fund.
How much lump sum can I invest in mutual funds?
Since lump sum means a single investment, the minimum amount that most mutual funds require is Rs. 5,000. However, after the initial lump sum investment,usually you can make subsequent investments in multiples of Rs. 1,000 in the same scheme.
Which fund is best in SBI MF?
SBI MF Top Rated Funds
- SBI Infrastructure Fund Direct-Growth.
- SBI Large & Midcap Fund Direct Plan-Growth.
- SBI Magnum Equity ESG Fund Direct Plan-Growth.
- SBI Flexicap Fund Direct-Growth.
- SBI Bluechip Direct Plan-Growth.
- SBI Equity Hybrid Fund Direct Plan-Growth.
- SBI Banking & Financial Services Fund Direct-Growth.
Should I invest Rs 20000 every month in mutual fund SIP?
Investing Rs 20000 every month means different things to different people. For those with a salary of Rs 50,000, it means a lot (40\% of salary). But for someone with Rs 3 lac monthly income, it’s next to nothing (~7\% of income)! In any case, investing in mutual fund SIP is a good decision and you will create a lot of wealth.
How long should I invest Rs 10000 in equity funds?
Note – It’s assumed that if investing Rs 10000 in equity funds, you have already taken care of debt investments (via PF, PPF, etc.) in accordance with your asset allocation based investment plan. It is also assumed that you wish to invest for at least 5 years.
How much should I invest in mutual funds for 10-20 years?
There is absolutely no need to keep investing just the originally decided amount of Rs 50000 per month for 10-20 years. Your income would increase every year. So your investments should increase too.
How much money can you invest in SIP for 10 years?
The route of SIP investing can create a lot of wealth for you. And just notice this – If you invest Rs. 10,000 per month via SIP for 10 years, you are actually just investing about Rs 12 lakh. But return you are getting is around Rs 23-24 lakh.