Starting a SIP in October? These mutual funds suit high-risk investors

Many mutual fund investors, particularly those who are new to investing, often struggle to decide which fund to choose. They may also look for ready-made portfolios that can help them invest systematically and achieve their long-term financial goals. For investors with a high risk appetite, here are some mutual fund options to consider.

ETMutualFunds' best mutual fund SIP portfolios are meant for three different individual risk profiles: conservative, moderate and aggressive.

We have considered three SIP baskets which include between Rs 2,000-5,000, between Rs 5,000-10,000 and lastly above Rs 10,000 – while creating these portfolios.

Allocate 50% in Parag Parikh Flexi Cap/PGIM India Flexi Cap and remaining 50% in Canara Robeco Large Cap Fund

Allocate 30% in Parag Parikh Flexi Cap/PGIM India Flexi Cap | 25% in Canara Robeco Large Cap Fund | 10% in Mirae Asset Aggressive Hybrid / SBI Equity Hybrid/ Canara Robeco Equity Hybrid | Remaining 35% in PGIM India Midcap Opportunities/ Axis Midcap/Invesco India Mid Cap.

Around 20% in Canara Robeco Large Cap Fund | 10% in Axis Small Cap/ SBI Small Cap/ Nippon India Small Cap | 25% in Parag Parikh Flexi Cap/PGIM India Flexi Cap | 15% in Axis Large & Mid Cap, Canara Robeco Large and Mid Cap Fund | 10% in Mirae Asset Aggressive Hybrid/ SBI Equity Hybrid/ Canara Robeco Equity Hybrid | 20% in PGIM India Midcap Opportunities/ Axis Midcap/ Invesco India Mid Cap.

The mutual funds in these ready made portfolios are selected based on our in-house methodology. ETMutualFunds has selected the top funds for SIP based on mean rolling returns, consistency in the last three years, downside risk, outperformance, asset size.