Hi, which Mutual fund would yield average compound interst of greater than 14% per annum. i do not want to take great risk because i am looking for my 3 yr old kids career path after 13 years. I am not interested in post office NSC which takes longer period to double.
I am interested in SIP of certain amount but really want to decide the amount based on the assured return option.
You should not Expect Assured Returns @ 14%
per year.
Only Banks give Assured Returns on FD @ 7% per year.
Historically Better Managed Equiy Mtutal
Funds have Generated Returns in the Range of 15% or more if Invested for 10-13 years.
To be on Safer side(Lesser Risky) you may Start Investing in Balance Fund by SIP.
Following Funds may be Considered for Investment for Getting 12-14% Returns with nominal Risk.
- FT India Dynamic PE Ratio Fund of Funds
( 23% since last 6 Years),
- DSPBR Balance Fund (17% since last 10
years )
- Principal Child Benifit Plan ( 27 %
since last 8 years).
2-3 years before you need money, Start Transeferring Money to Short Term Funds.
Dear pcs,
what are balanced funds? How risky are they? How much growth we can get annually? What are the best balanced funds with a horizon of 1-2 years?
Answers of most of your Question are already posted in my comments.
Following Funds have given Better Returns in Past.
In 1-2 years you may or may not get desired Returns.If your Time is Flexible, Invest by SIP & if your money grows by 15% or so,Switch to Short Term Funds/Liquid Funds.
DSPBR Balance Fund
HDFC Prudence
Birla Sunlife-95
Reliance Regular Savings Fund Balance
| NIFTY 
