Best mutual funds to invest for 15 years

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I want to start an SIP of Rs 5, 000 for 15 years. I want to earn around 13 to 14 per cent annual return. In which mutual fund schemes should I invest?
--Dhruv Binjola

Deepali Sen, Founder, Srujan Financial Advisors, responds:


You may consider investing Rs 4,000 either in a large cap or a multi cap fund, and the remaining Rs 1,000 in a mid cap fund.

In large cap, you may consider investing one these funds: ICICI Prudential Bluechip Fund, Aditya Birla Sun Life Frontline Equity Fund, SBI Bluechip Fund, and Aditya Birla Sun Life Equity Fund.


In multi cap, you may consider investing in Kotak Standard Multicap Fund or SBI Magnum Multicap Fund.

In mid cap, you may invest in HDFC Mid-Cap Opportunities Fund, Franklin India Prima Fund, and Axis Midcap Fund.

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