Mutual funds for wealth creation

I want to invest for a period of 20-25 years for wealth creation. I want to invest Rs 15,000 per month and want to increase my investment by at least Rs 3,000. My risk appetite is moderate. Kindly suggest some funds.

-Gurugobinda Mallick

It seems you are new to mutual funds. If you are not clear about mutual fund basics, you should seek the help of a mutual fund advisor. New investors often need a lot of handholding and reassurance in the initial phase of their investment life.

We recommend flexi cap mutual funds to equity investors with a moderate risk profile.

Here are our recommendations:
Best flexi cap funds to invest in 2022

You can invest in one or two schemes.

Please keep track of the performance of the schemes and review their performance at least once a year.

It is always better to adopt a goal-based investing strategy. Find out how much you need to achieve a goal and then how much you need to invest every month to achieve the goal. This will help you to meet your various goals without fail.


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