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Ask RoboI am 30 years old. I would like to take moderate risk for my investment. I want to invest 4k monthly for my retirement purpose in next 25-30 years. Which is the best fund for my retirement purpose with maximum return.
Abhash asked 9 months ago
1 Answers
Roboadviso answered 9 months ago

Hi Abhash,
Thanks for posting your query.
You’s risk profile should be aggressive as you have ample time for building up your retirement corpus. The time horizon of Retirement corpus is around 25-30 years and for this long period’s equity oriented funds are best asset class to invest in. The recommended funds are as follows.

  • Franklin India Smaller Companies Fund @ Rs. 2K
  • Motilal Oswal Most Focused Multi Cap 35 Fund Rs. 2K

Before starting SIP in above funds, We should build a corpus equal to six month of monthly expenditure in debt funds. The recommended debt fund is 

  • Franklin India Ultra Short Bond fund.

This corpus will help you building emergency corpus which can be used in any emergencies.
Incase if you are not comfortable with pure equity funds then please find below the recommended schemes for Moderate Risk.

  • Reliance Regular Savings Balanced Fund @ Rs. 2 K
  • Kotak Select Focus Fund  @ Rs. 2K 

Happy Investing!

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