DelhiDesk The article discusses the top mutual funds for investors to consider for long-term investments. Personal finance experts suggest investing in consistent funds that have delivered good returns in both bullish and bearish periods rather than simply investing in the scheme offering the maximum returns. The article lists mutual funds recommended by Pankaj Mathpal, MD & CEO at Optima Money Managers, and Vinit Khandare, CEO and Founder of MyFundBazaar, for long-term investments. The mutual fund industry has witnessed an influx of 84.8 lakh new millennial investors in the last five financial years, according to a report by mutual fund transfer agency Computer Age Management Services (CAMS).
Follow DelhiBreakings on Google News
Here is the news bullets sorted by DelhiBreakings.com team.
👉 If you’re new to stock markets, consider investing in mutual funds (MFs)
👉 Choose a consistent fund for long-term investments, not just one that offers the maximum returns
👉 Five recommended funds for long-term investments:
– Motilal Oswal Midcap Fund
– Axis Small Cap Fund
– ICICI Prudential Large Fund
– ICICI Prudential Midcap Fund
– Aditya Birla Sun Life Flexi Cap Fund
👉 Equity funds invest at least 65% of their assets in stocks or businesses
👉 Five more recommended funds for long-term investments:
– HDFC Large Cap Fund
– HDFC Mid Cap Fund
– SBI Large Cap Fund
– SBI Mid Cap Fund
– ICICI Prudential Mid Cap Fund
👉 84.8 lakh new millennial investors entered the mutual fund industry in the last five financial years
👉 Overall, 1.57 crore new investors joined the industry between 2018-19 and 2022-23
👉 Mutual funds have about 6.36 crore SIP accounts for regular investments
👉 Views and recommendations are of individual analysts, not Mint. Check with certified experts before making investment decisions.
For superfast news and Delhi Breaking Stories visti us daily at https://delhibreakings.com
Something went wrong. Please refresh the page and/or try again.