Never miss a great news story!
Get instant notifications from Economic Times
AllowNot now


You can switch off notifications anytime using browser settings.

Analysis

Portfolio

Loading...
Select Portfolio and Asset Combination for Display on Market Band
Select Portfolio
Select Asset Class
Show More
Download ET MARKETS APP

Get ET Markets in your own language

DOWNLOAD THE APP NOW

+91

CHOOSE LANGUAGE

ENG

  • ENG - English
  • HIN - हिन्दी
  • GUJ - ગુજરાતી
  • MAR - मराठी
  • BEN - বাংলা
  • KAN - ಕನ್ನಡ
  • ORI - ଓଡିଆ
  • TEL - తెలుగు
  • TAM - தமிழ்
Drag according to your convenience
ET NOW RADIO
ET NOW
TIMES NOW

Which are the best mutual funds to invest for seven to 10 years?

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

ET Online|
Mar 14, 2019, 12.43 PM IST
0Comments
Getty Images
GettyImages-465897648
Mutual Funds
I want to invest in mutual funds. I am ready to wait for seven to 10 years. Which mutual funds can I invest to get higher returns? I am ready to invest Rs 50,000 per year. I invested Rs 20,000 in ICICI ELSS last year.
--Sandeep S Bhandari


It seems, you are new to mutual funds. If so, we would strongly recommend you to seek the help of a mutual fund advisor in your locality before investing. We have noticed that often new investors need personalised guidance in the initial years of their investment life.

We always ask investor to choose a mutual fund scheme based on their financial goals, investment horizon, and risk profile. In practice, it means conservative equity investors should choose large cap mutual fund schemes or aggressive hybrid schemes; investors with moderate risk profile can choose multi cap mutual fund schemes and aggressive investors should invest mostly in mid cap or small cap scheme.

Investors can also add a scheme with lower risk if they want to reduce the risk in their portfolio. Similarly, investors with higher appetite can also add schemes with higher risk to the portfolio to enhance returns.

For example, a moderate investor investing mostly in multi cap mutual funds may add a large cap to the portfolio to diversify and reduce the overall risk. Or, the investor might invest a small part of the corpus in a sector scheme to enhance the returns and diversify the mutual fund portfolio.

Here are some useful links:

Best aggressive hybrid mutual funds to invest in 2019

Best large cap mutual funds to invest in 2019

Best multi cap mutual funds to invest in 2019

Best mid cap mutual funds to invest in 2019

Best small cap mutual funds to invest in 2019
0Comments
(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.)
tax_saving

Also Read

A mutual fund for investing in real estate

A mutual fund for investing in real estate

Can I earn monthly income with mutual funds?

Can I earn monthly income with mutual funds?

Have I chosen the right mutual fund schemes?

Comments
Add Your Comments
Commenting feature is disabled in your country/region.