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    Best mutual funds to invest for 20 years

    Synopsis

    If you have any mutual fund queries, message on ET Mutual Funds on Facebook. We will get it answered by our panel of experts.

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    I want to invest in mutual funds on a monthly basis through an SIP. Which type of investment is best for 20 years? I have selected Axis mutual fund, Mirae Asset Emerging Bluechip Fund, and SBI Small Cap Fund.
    --Mïshrã Kâvîñdêr

    Gaurav Monga, Director, PxG consultants, responds:


    For the long term horizon, investments in equity mutual funds are advisable. However, you should have an aggressive risk profile. As you have not mentioned your risk appetite, it won’t be possible to recommend any schemes.

    Mirae, Axis, and SBI are good fund houses and their schemes have been performing well lately. The schemes you have shortlisted Mirae Asset Emerging Bluechip Fund (Large & Mid cap) and SBI Small Cap Fund (small cap) are among the best schemes in their respective categories. However, it would be difficult to say if these schemes suit you without your risk profile.

    Things You should consider
    • Annualized Return
      for 3 year: 4.81%
    • Suggested Investment
      Horizon: >3 years
    • Time taken to double
      money: 2.7 Years
    Things You should consider
    • Annualized Return
      for 3 year: 5.37%
    • Suggested Investment
      Horizon: >3 years
    • Time taken to double
      money: 2.8 Years
    Note: if you do not know much about mutual funds, you should take the help of a mutual fund advisor.
    (If you have any mutual fund queries, message us on ET Mutual Funds on Facebook. We will get it answered by our panel of experts.)

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    6 Comments on this Story

    Erpk Garg189 days ago
    I just retired from govt job.my age is 58 years.i want to invest in mutual funds through SIP & lumsum to get tax benefit & growth of my hard earned wealth.i can stay in it for five years to lumsum & ten years in SIP.Pl.suggest names of the funds for investment.Thanx
    Satya Ranjan190 days ago
    It's true, 3 years investment time frame in equity is not appropriate. But in recent, few schemes did well. Either you go with axis bluechip or icici balanced advantage or short term debt fund.
    Satya Ranjan192 days ago
    Best mfs for 20 years of mf investment...
    multicap - parag parekh Lt equity, axis multicap
    large & midcap - mirae bluechip, Invesco growth opportunities.
    Focused - sbi focused, axis focused
    contra - Invesco contra
    Midcap - axis midcap, kotak midcap
    Smallcap - sbi smallcap, axis smallcap
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