These 5 funds of SIP can do amazing in three years, more earning can be earned in less time!
SIP ie Systematic Investment Plan is a smart way to invest regularly in mutual funds. If you are thinking of investing for the next three years, then you should choose mutual funds that maintain a balanced balance between risks and returns. Large-cap, hybrids, and balanced funds are considered a better option for this period, as they invest in both equity and date, which reduces the risk relatively reduced and increases the possibility of stable returns. According to wealth management company Motilal Oswal, SIP options like HDFC Top 100 Fund, SBI Bluechip Fund and Axis Long Term Equity Fund can perform well in the coming three years. However, before investing it is necessary that you check the previous track record, risk profile and quality of fund management thoroughly.
HDFC Top 100 Fund
HDFC Top 100 Fund is a large-cap fund with moderate risk. This is a top 100 large number of funds invested in large-cap stocks, showing stable growth over the years. In such a situation, you can choose this fund.
SBI Bluechip Fund
The SBI Bluechip Fund is also a large-caps fund with moderate risk. According to Motilal Oswal, this fund is a popular fund known for strong performance and stable returns, in which you can invest for the next three years.
Axis long term equity fund
Axis’s Axis Long Term Equity Fund is an equity linked savings scheme. However, the risk in this is also high. It is a fund savings as well as a high return fund. It can prove to be a suitable fund for a 3 -year investment plan.
ICICI PRDENIL Balanced Advantage Fund
ICICI Prudential Balanced Advantage Fund is a balanced fund with moderate risk. It provides a balanced investment fund in both equity and date, which provides stable growth.
Franklin India Bluechip Fund
Franklin India Bluechip Fund is a large cap fund, with moderate risk. Considering this shows that it is a strong portfolio management and a long -time good track record fund.
Keep the investment goals clear
According to Motilal Oswal, keep your investment goals clear. Be sure to check the previous performance and risk profile of the fund. Maintain SIP regular, because discipline is the key to success.
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