Where should I invest Rs 10,000 per month via SIP?
If you have any mutual fund queries, message on ET Mutual Funds on Facebook. We will get it answered by our panel of experts.
By ET Online |
Getty Images
I want to start an SIP on Rs 10,000 per month. Kindly suggest some good funds. I am a moderate investor.
--Kashish Desai
M.S. Shabbir, founder and managing director of SenSage Financial Services, responds:
My understanding is that you are a new investor looking for a tax-efficient long-term investment with a time horizon of above 5 years. It is advisable to start with an equity-hybrid or a multi cap fund. You may consider investment in HDFC Equity Fund which has been in the 1st quartile for the last three years.
--Kashish Desai
M.S. Shabbir, founder and managing director of SenSage Financial Services, responds:
My understanding is that you are a new investor looking for a tax-efficient long-term investment with a time horizon of above 5 years. It is advisable to start with an equity-hybrid or a multi cap fund. You may consider investment in HDFC Equity Fund which has been in the 1st quartile for the last three years.
Download
The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.
The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
Related Articles
Think Rs 5,000 SIPs will make you rich? CA says a crucial piece of the puzzle is missing2026-06-13T01:44:38Z- Mutual fund SIP stoppage ratio slows down to 95% in May, new SIPs surpass discontinued ones2026-06-11T07:20:10Z
- AMFI Data: Mutual fund SIP inflows slip 1% to Rs 30,954 crore in May2026-06-10T04:54:02Z
ADVERTISEMENT
