Looking to start an SIP in August? Here are mutual fund picks for aggressive investors
By Surbhi Khanna, ET Online |
1/7
Planning SIPs this August?
Many mutual fund investors, especially those who are new to investing, often struggle with choosing the right funds. They frequently look for ready-made portfolios that can help them invest systematically and achieve their long-term financial goals. Here is a SIP portfolio guide for aggressive investors to consider.
2/7
SIP portfolios based on investor risk profile
ETMutualFunds' recommended SIP portfolios are designed for three different investor risk profiles — conservative, moderate and aggressive.
3/7
SIP investment baskets
We have considered three SIP investment baskets based on monthly investment amounts: Rs 2,000-5,000, Rs 5,000-10,000, and above Rs 10,000. These portfolios are structured to help investors diversify across equity categories based on their investment capacity and risk appetite.
4/7
Investment basket: Rs 2,000-Rs 5,000
- 50% in Parag Parikh Flexi Cap Fund / PGIM India Flexi Cap Fund
- 50% in Canara Robeco Large Cap Fund
5/7
Investment basket: Rs 5,000-Rs 10,000
- 30% in Parag Parikh Flexi Cap Fund / PGIM India Flexi Cap Fund
- 25% in Canara Robeco Large Cap Fund
- 10% in Mirae Asset Aggressive Hybrid Fund / SBI Equity Hybrid Fund / Canara Robeco Equity Hybrid Fund
- 35% in PGIM India Midcap Opportunities Fund / Axis Midcap Fund / Invesco India Mid Cap Fund
6/7
Investment basket: Above Rs 10,000
- 20% in Canara Robeco Large Cap Fund
- 10% in Axis Small Cap Fund / SBI Small Cap Fund / Nippon India Small Cap Fund
- 25% in Parag Parikh Flexi Cap Fund / PGIM India Flexi Cap Fund
- 15% in Axis Large & Mid Cap Fund / Canara Robeco Large and Mid Cap Fund
- 10% in Mirae Asset Aggressive Hybrid Fund / SBI Equity Hybrid Fund / Canara Robeco Equity Hybrid Fund
- 20% in PGIM India Midcap Opportunities Fund / Axis Midcap Fund / Invesco India Mid Cap Fund
7/7
Methodology for shortlisting these funds
The mutual funds included in these ready-made portfolios have been selected based on ETMutualFunds' in-house methodology. The selection considers factors such as mean rolling returns, consistency over the last three years, downside risk, outperformance, and asset size to identify funds suitable for SIP investments.