I am 38 years old and have started investing in Mutual funds 8 months back and my monthly SIP done are as follows :
Mirrae Asset Large Cap Fund : 10,000/- Axis Small Cap Fund : 5,000/- Axis Bluechip Fund : 10,000 Parag Parikh Flexi Cap fund : 25,000/- UTI Nifty Index Fund : 10,000/-
I want to know are the above SIP's good enough for long term investment if my investment horizon is around 10 years and I want to get return on this investment of around 15-20%.
CAclubindia
