- As a youngster, an open ended objective (to build wealth) is also fine.<\/li>
- If you are willing to take higher risk go for a combination of multicap, mid cap or small cap funds. Use a risk profiler that helps recommend which funds to invest based on the risk profile. You can get a risk profile done here<\/a>.<\/li><\/ol><\/li>
- Target a goal, e.g.: financially free by age 40 (possible, if you invest 40%-50% of your earnings).<\/li><\/ol>\n\n\n\n
Here is an illustration of \u20b9 5k investment per month can get you about \u20b9 75 lakhs over 20 years (assuming 15% return). That is the power of compounding.<\/p>\n\n\n\n
<\/figure>\n\n\n\n\n
\nMaxiom Wealth \u2014 Free Tool<\/p>\n
Is Your Mutual Fund Working Hard Enough?<\/h3>\n
Two funds with similar star ratings can deliver very different outcomes. Use our fund comparison tool to check if you’re in the right scheme for your risk profile and investment horizon.<\/p>\n Compare Funds \u2192<\/a>\n Talk to a Financial Advisor<\/a>\n<\/div>\n\n","protected":false},"excerpt":{"rendered":"
Here are some suggestions on where to invest: Invest only in Direct Plans of Mutual Funds. At 0% commission it is a great deal. The 1.5% commission per year (incurred daily) adds upto 40% of TOTAL investment. Investment in funds that map to an objective and horizon based on your risk appetite. As a youngster, an open… Read More »I want to invest Rs 5000 monthly. Where can I invest?<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[180,26],"tags":[],"class_list":["post-1050","post","type-post","status-publish","format-standard","hentry","category-fund-selection-investments","category-investments"],"_links":{"self":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts\/1050","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/comments?post=1050"}],"version-history":[{"count":1,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts\/1050\/revisions"}],"predecessor-version":[{"id":3695,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts\/1050\/revisions\/3695"}],"wp:attachment":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/media?parent=1050"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/categories?post=1050"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/tags?post=1050"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
- Target a goal, e.g.: financially free by age 40 (possible, if you invest 40%-50% of your earnings).<\/li><\/ol>\n\n\n\n