Suggest category of funds for moderate risk

I am 50 years old, my risk profile is moderate and want to invest around 25 Lakh in MF for 10 years for wealth creation. Please advise in what types of MF should I invest and also suggest some MF name from that categories?

Apr 17, 2017 by Subra, New Delhi  |   Mutual Fund

As your risk profile is moderate and the investment horizon is 10 years, balanced fund could be the ideal fit for you for long term wealth creation.

Balanced funds invest upto 65% of the assets in equities and rest in debt. Balanced funds as a category has given over 18%, 17% and 15% return in the last 1, 3 and 5 years period respectively. Top performing balanced funds have given even better returns than this.

Please read the following to know more about balanced funds -

https://www.advisorkhoj.com/articles/Balanced-Funds/Optimize-your-Asset-Allocation-with-Balanced-Mutual-Funds

https://www.advisorkhoj.com/company/SBI-Mutual-Fund/articles/Why-Balanced-Funds-may-be-the-best-investments-for-new-mutual-fund-investors

Following Balanced Funds could be a good choice for your investments -

ICICI Prudential Balanced Fund

DSP BlackRock Balanced Fund

SBI Magnum Balanced Fund

HDFC Balanced Fund

Hope the above helps you.

Thanks for writing to Advisorkhoj!

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