Q:Six best funds to invest around 10 lacs through SIP for five years and expected return after five years
Answer:The best mutual fund is the one which is best for your personal situation. This means the risk level, asset class, type of fund and your goals, timeframe and financial profile must all agree. The best way to find out is to do a financial plan enabling you to have a blueprint of your situation and where you are going. An investment plan will give you a precise indication of which funds to buyIf you are looking at growth and are fine with the risks associated with equity, you could look at Equity diversified mutual funds and do an SIP/STP in them. The average return would be 12-15% p.a for the 5 year tenure. You could enrol for our Investment Planning module and we could help you with your investments.
From Your Expert @ InvestmentYogi