New Delhi Wealth Management:Best Mutual Fund SIPs To Invest In For The Long Term
Investing in Mutual Funds through a SIP is one of the best ways to maximize returns over the long term. SIPs also instill a sense of accountability and financial discipline which might prove crucial in achieving long term financial goals.
Let us take a look at the benefits of SIPs and some of the best Mutual Fund SIPs to invest in for the long term.
Want to know more about the Benefits Of Investing For The Long Term?
Mutual Funds are a pool of money collected from several investors. A professional Fund Manager invests this pool of money in various market securities. Mutual Funds offer benefits such as diversification, high liquidity, tax benefits, affordability, etc.
SIPs are an alternative to investing lump-sum amounts in Mutual Funds. A Systematic Investment Plan allows you to invest small sums of money regularly across fixed intervals of time. This can be weekly, monthly, or quarterly, depending on your goal or financial situation.SuperSIP on Cube WealthNew Delhi Wealth Management
Generally, Mutual Fund investments through SIPs are considered to be safe even when markets are volatile. Here are some more benefits:Flexibility of increasing or decreasing the investment amountHigher liquidity in comparison to other similar investment optionsDiversification through multiple SIPsConvenience of rupee cost averaging*Benefit of compound interest
Fun Fact: You can automate your SIP investments on the Cube Wealth app.
Here is a list of Mutual Funds recommended by our wealth advisor, Wealth First:
Wealth First has made it seamlessly easy for Cube users to select from and invest in the best Mutual Funds at any given point in time. WF has a track record of beating the average mutual fund by 50%. They have over 3,000 clients and an AUM of ₹7,000+ Crores.
Try our SIP Returns Calculator today to see how much money you can make by investing in Mutual Funds. Note: While we update our blogs regularly we recommend you see the latest data on the best mutual funds on the Cube Wealth App.
The Cube Wealth app is easy to use and gives you access to a curated list of the best Mutual Funds which is updated regularly. In the app, you can use two dedicated options for SIPs - QuickSIP: Slide across 5 risk levelsPick a risk levelEnter investment amountTap on investSuperSIP:Unique to Cube WealthLets you adjust your SIP amountAllows you to skip payments when you don❽have the funds
All you have to do is download the Cube Wealth app today to start investing from the comfort of your home.
SIPs help you plan and invest in Mutual Funds for the long term in an organized, efficient and pocket-friendly way. With the added advantage of rupee cost averaging, diversification is possible through multiple SIPs.
It is always advisable to consult a wealth coach before investing. A good Wealth Coach cares about your financial well-being and helps you invest based on your risk level and goals.
The Cube Wealth app gives you access to Wealth Coaches who are available whenever you need them. You can talk to our Wealth Coaches today to learn more.
SIPs are for everyone regardless of age, time or place. Why wait till tomorrow when you can get started today?
Watch this video to know more about the QuickSIP feature on the Cube Wealth appHyderabad Investment
Ans. It is an approach where you invest a fixed amount of money at regular intervals of time.
Ans. This would of course be based on your goals. However, equity funds are generally known to be suitable for the long term (5, 10, 15+ years). Here❼a snippet of the best equity funds currently being recommended by Wealth First on the Cube Wealth app:
1. Mirae Asset Large Cap Fund2. Axis Focused 25 Fund3. SBI Flexicap Fund4. Principal Emerging Bluechip Fund5. ICICI Prudential India Opportunities Fund
Check out these other blogs from our SIP series:Best SIP Mutual Funds to Invest in July 2020Best Mutual Fund SIPs To Invest In NowBest Mutual Fund SIPs To Invest In For 5+ Years
Ans. Popular choices for long-term SIPs include funds from well-established AMCs (Asset Management Companies) that have a history of delivering consistent returnsSurat Investment. Examples include HDFC Equity Fund, SBI Bluechip Fund, and ICICI Prudential Bluechip Fund, among others.
Ans. Diversification is a good practice. You can consider allocating your SIP investments across multiple mutual fund schemes to spread risk. Diversification may include a mix of equity, debt, and hybrid funds, depending on your risk tolerance and financial objectives.
Selecting the best mutual fund SIPs for long-term investment involves aligning your financial goals and risk tolerance with the right fund choices. While there is no one-size-fits-all answer, it❼generally advisable to consider equity-oriented mutual funds for long-term wealth creation. Diversifying your SIP investments across various fund types can help spread risk and enhance your investment strategy.
Udabur Investment
Published on:2024-11-08,Unless otherwise specified,
all articles are original.