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Newbie in the Indian Stock Market – Need Advice on Mutual Funds
Hi everyone, I’m new to the Indian stock market and planning to start a SIP in mutual funds with a monthly contribution of 60,000. My investment horizon is long-term, at least 10–15 years. As I started researching, I got confused by the different types of funds available, like Small Cap, Large Cap, Mid Cap, Nifty 50, Nifty Momentum 50, and so on. I aim for compounded annual returns of around 11–14% and prefer to invest in three funds. My risk tolerance is moderate, about 3–4 on a scale of 5. Could you please suggest which types of funds I should consider and recommend any specific ones to start with? Thank you in advance for your guidance!1
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