Best mutual funds.

[Advik]

Hi

My father wants to invest 20k per month in mutual funds. He wants to diversify into 5-7 funds. He expects an overall return of 30% CAGR. The time frame is 10 years. Help me with this.

[Reema]

Hi

Investing Rs. 20,000 for 10 years with a diversification of 5-7 funds is a great start. But it's unrealistic to predict a 30% CAGR given the present condition of the market. An average return of 12-15% is more realistic. To build a diversified portfolio, invest in a mix of Large-Cap, Mid-Cap and Small-Cap funds. If you want more help you can consult a financial advisor for personalized guidance.

[Advik]

So considering the state of small-cap mutual funds today, which fund is best for me to invest in?