The long-term trends suggest that investors are confident, open to taking risks and investing their hard-earned money in equity-oriented mutual funds in the pursuit of better returns.
However, following the right approach is imperative to build an equity-oriented mutual fund portfolio for long-term wealth creation.
Any of the goals which are 5 years and beyond can be classified under long term goals. For e.g. Children’s future planning, buying a dream house or planning your retirement.
It is important to plan for long term goals with a vision of getting returns which are inflation adjusted by investing in equities funds. Equity as an asset class has proven to be one of the most effective in combating inflation and providing better returns than inflation over longer periods of time. They are indeed volatile in the short term but over the long run the volatility too, comes down. SIP is an ideal way to plan your investment in equities
Scheme Name | Category | 1 Year Return (%) | 3 Year Return (%) | 5 Year Return (%) | Since Inception (%) | |
---|---|---|---|---|---|---|
Axis Bluechip Fund - Regular Plan - Growth | Equity: Large Cap | 16.37 | 9.40 | 12.46 | 12.48 | Invest Online |
Parag Parikh Flexi Cap Fund - Regular Plan - Growth | Equity: Flexi Cap | 25.19 | 17.37 | 24.67 | 19.65 | Invest Online |
Mirae Asset Midcap Fund - Regular Plan-Growth Option | Equity: Mid Cap | 24.55 | 20.89 | 25.68 | 26.28 | Invest Online |