Can I invest Rs 50,000 per month in SBI Focused Equity Fund?

I am a 50-year-old professional. I want to invest Rs 50,000 per month. Can I invest Rs 50,000 per month as lumpsum in SBI Focused Equity Fund for five years? Is it a good option? Or should I invest the money through an SIP? Kindly suggest me some goods. I can take moderate to high risk.
---Rajesh Kumar

Subir Jha, Founder, Buckspeak, responds:

From a return point of view, investing Rs 50,000 every month either through lump sum/ SIP makes no difference. Character of Investment should match the character of income. So , if you have investible surplus of Rs 50,000 every month , please go ahead and invest it through a SIP. It brings in discipline and helps you avoid market timing. Few pointers for your recommended investment :

Avoid investing entire amount in one fund . Diversify


Try and extend your investment horizon. Better way is to link it one of your financial goals. For example, retirement

I would avoid recommending you specific funds, however let me share a primer of a recommended portfolio:
For your risk profile, please allocate between equity, debt and cash (liquid).
Equity funds could comprise of a large & mid cap fund, aggressive hybrid fund, multi cap fund, mid cap , and small cap fund

There are several good funds in each of the above category like Mirae Asset Emerging Bluechip Fund, HDFC Hybrid Equity Fund, Invesco India Multicap Fund/Nippon India Multi Cap Fund/Kotak Standard Multicap Fund and DSP Midcap Fund/Axis Midcap Fund.