Can I get a suggestion for lumpsum investment of one lakh with 5 years view?Asked
As you are looking to invest one lakh for five years, you should consider a rather safe investment. You can consider the following large cap funds:
These funds have performed considerable well in the past. But when it comes to mutual funds, their is always some risk and you must take due diligence before investing.
For list of large cap funds click here.
Also read this blog for more information on investing a lump sum amount.
For investing a lumpsum amount over 5 year, which is a long term investment plan, large cap funds are best option.
Some examples of popular large cap Funds for 2017:
Always remember, there is no guaranteed return on investment in mutual and it’s all depend on market. The figure mentioned above are based on historical data observed.