Best mutual funds to invest Rs 15,000 through monthly SIP

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I want to invest in mutual funds via SIP for a period of 10 years. I can take moderate risk. I want to invest Rs 15,000 per month. Kindly suggest the best mutual funds to buy.
-- Kamal Singh


Since you are investing for 10 years, you can invest in equity mutual fund schemes. Equity mutual funds have the potential to offer superior returns than other asset classes over a long period. However, they can be extremely risky and volatile in the short term. Since you are ready to take moderate risk, you may consider investing in multi cap mutual funds. Mutli cap mutual funds invest across market capitalisations and sectors based on the outlook of the fund manager. You can choose one or two good multi cap mutual funds.

Here are our recommended schemes: Best multi cap mutual funds to invest in 2019


Also, if you want to diversify to reduce risk, you may consider investing a small part of the money in large cap mutual funds. However, you should remember that this may bring down the total returns from your mutual fund portfolio.

Best large cap mutual funds to invest in 2019

Are you new to mutual funds? Do you understand the basics of mutual funds and investing? If no, you should consider seeking the help of a mutual fund advisor. Many new investors need a lot of handholding in the initial phase of their investment life. Many of them panic and discontinue their investments when the market gets into rough weather. Only a mutual fund advisor near you can guide you through such phases with personalised advice.
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