Best mutual funds for beginners-0.93%

4Groww
7.58%
1 Year Return
Equity
Large Cap
4.0 star
1Y
3Y
5Y

Funds in this Plan

Fund NamePercentageRatingExpense RatioMin SIP Amount
Axis Bluechip Fund - Direct - Growth25.0%5 star0.85%1000
Reliance Large Cap Fund - Direct - Growth25.0%5 star1.07%100
Aditya Birla Sun Life Equity Fund - Direct - Growth25.0%4 star1.03%100
SBI Magnum Multi Cap Fund - Direct - Growth25.0%4 star1.13%500

Description

Purpose: To start investing for long term

Ideal investment duration: 4-5+ years

Rationale: Since new people would not want to take much risk without understanding the markets, it is best for them to stick to lower risk equity funds. I am not including any debt funds because I feel newer investors should invest for a longer period of time and experience higher growth. This is why this portfolio has only large cap and multi cap mutual funds. 

Returns
Fund
1Y
3Y
5Y
Best mutual funds for beginners
7.6%
13.4% p.a
13.3% p.a
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    30
    with 7.6% annual returns

    Other Details

    Best mutual funds for beginners

    RiskModerately High
    Min SIP Amount₹4000
    Created ByAbhishek Gupta
    Expense Ratio1.08%
    Min Lumpsum Amount₹20000
    Created On13 Feb 2019
    Invest Now
    Enter investment amount
    + ₹4,000
    + ₹20,000
    + ₹40,000
    ONE TIME
    MONTHLY SIP
    Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing.
    Past performance is not indicative of future returns. Please consider your specific investment requirements, risk tolerance, investment goal, time frame, risk and reward balance and the cost associated with the investment before choosing a fund, or designing a portfolio that suits your needs.
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