SIP in Mutual Funds


This query is : Resolved 

Quick Summary
An investor aged 38, with 8 months of experience in mutual funds, is seeking advice on their current SIP portfolio. They are investing a total of £50,000 per month across five funds, including Mirae Asset Large Cap, Axis Small Cap, Axis Bluechip, Parag Parikh Flexi Cap, and UTI Nifty Index. The investor's goal is to achieve a 15-20% return over a 10-year investment horizon and wants to know if their chosen funds are suitable for this objective.

11 June 2022 Dear Sir,

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%.

Please help me in this matter.

Regards,
Divyesh Jain



12 June 2022 You have selected good funds for investment but returns depends on market.

12 June 2022 Ok, Thanks for your response

13 June 2022 Welcome..................


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