financetom
Personal Finance
financetom
/
Personal Finance
/
Mutual Fund Corner: Best mutual funds to invest for 10 years
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Mutual Fund Corner: Best mutual funds to invest for 10 years
Jan 3, 2019 10:44 AM

Want to invest in mutual funds but don’t know how to go about it?

Live TV

Loading...

Get all your mutual fund related queries answered by our expert, Manoj Nagpal, managing director and chief executive officer, Outlook Asia Capital, on our show Mutual Fund Corner.

Q: 29-year-old Balakrishna Rao Kadiri writes us from Andhra Pradesh. I am investing Rs 5,000 on a monthly basis in ABSL Frontline Equity Fund, HDFC Midcap Opportunities Fund and Principal Emerging Blue Chip Fund through SIPs. I like to invest in another two funds through monthly SIPs. Please advise suitable funds. My goal is wealth creation over a period of 10 years.

A: Three-four mutual funds offer you reasonable diversification. Diversification should be across market capitalisation and investment style. Add value investment in your portfolio by adding Kotak India Contra Fund.

Click here to watch the full episode of Mutual Fund Corner

Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Should I draw from my retirement accounts to pay for home improvements?
Should I draw from my retirement accounts to pay for home improvements?
Feb 3, 2025
Key takeaways Borrowing from tax-advantaged accounts may end up costing you more than your original contributions. If you lose your job or move on to a different opportunity, you'll have to pay your entire loan balance back by the due date of your federal tax return. You can borrow up to 50 percent -- or up to $50,000 -- of...
Best-performing energy stocks: February 2025
Best-performing energy stocks: February 2025
Feb 1, 2025
Energy stocks can be hot and cold, but when they're hot, they can move as quickly as any tech stock. And it's a popular sector to trade when oil prices skyrocket or geopolitical tensions ratchet up, as prices can become highly volatile and traders jump into the action. Because of that volatility, a list of the best performers won't tell...
Average cost of starting a small business
Average cost of starting a small business
Jan 31, 2025
There are many out-of-pocket expenses when you launch a new business. Depending on your industry, products or services and location, your startup funding needs could be as little as $100 for an online business to as much as $750,000 for a restaurant. While that's a wide range, you can narrow it down by listing out all your expected expenses and...
Historical CD interest rates: 1984-2025
Historical CD interest rates: 1984-2025
Feb 3, 2025
Certificates of deposits (CDs) continue to be worth considering as a component of your savings strategy in 2025. Yields on competitive CDs increased to historic highs in recent years, thanks to the Federal Reserve raising its benchmark rate 11 times in 2022 and 2023. Although the Fed has cut rates three times in recent months, yields on competitive CDs remain...
Copyright 2023-2025 - www.financetom.com All Rights Reserved