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How to start a mutual fund journey in your 30s?

Read on if you have just turned 30 and want to know the best mutual funds to invest in

Best mutual funds for 30 year olds

हिंदी में भी पढ़ें read-in-hindi

I want to start SIPs at the age of 30. Which mutual funds will be best for SIPs? I am considering investing Rs 5,000/month. Thanks - Mohinish Jagdale Congratulations on taking one of the best decisions of your life. As we always emphasise, it's never too late to start investing. But kya SIP sahi hai? Absolutely. It's a no-brainer. Identify the purpose If you want to save tax and build wealth in the long run In this case, equity-linked savings scheme (ELSS) would be the best option. Investing in ELSS allows you to deduct up to Rs 1.5 lakh from your taxable income under Section 80C of the Income Tax Act. And if your fi

This article was originally published on September 12, 2022.


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