I want to invest for a period of 7 to 10 years. Please suggest some funds.
-SK Sahni
It is important for you to follow a couple of rules for a long-term investment horizon of 7 to 10 years. Firstly, invest regularly via the SIP route. Don’t make lumpsum investments. Evaluate your investments on an annual basis. You cannot afford to invest and forget, any kind of market-linked investment would require monitoring.
Some funds that you can choose from are UTI Equity, DSP BlackRock Equity and Birla Sun Life Frontline Equity.
This article was originally published on November 08, 2012.