Suggest me best plan for SIPs

Want to invest 5000 per month, suggest me best plan?

Jun 30, 2017 by Prakhyat, Indore  |   Mutual Fund

Your query is very short as you have not mentioned for how long you want to continue your SIP and also your risk profile.

Generally speaking, if you want to create long term wealth (minimum 5 years) through SIPs, diversified equity funds are the best option. You may choose any one fund from the following for investing Rs 5,000 per month –

SBI Magnum Multi-Cap Fund, Mirae Asset India Opportunities Fund and Birla Sun Life Equity Fund.

Thanks for writing to Advisorkhoj.

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