Mutual Fund Corner: Best mutual funds to start a SIP-July 2024-www.financetom.com

Mutual Fund Corner: Best mutual funds to start a SIP

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Mutual Fund Corner: Best mutual funds to start a SIP

Jan 31, 2019 9:14 AM

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

Live TV

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: 21-year-old Rohit Roy has invested Rs 1,000 in Mirae Asset Emerging BlueChip Fund and Rs 500 in ICICI Prudential Value Discovery Fund via SIP. Can you tell me any other mutual funds?

A: Systematic Investment Plan (SIP) as an investment strategy brings in discipline. Construct of a SIP strategy should be on high volatility funds with higher standard deviation. SIP should be for a minimum of 10 years plus. In your portfolio, three additional funds which you consider for SIPs are HDFC Equity Fund, DSP Midcap Fund and Kotak Contra Fund.

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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.

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