I would like to invest 3000 per month in equity mutual fund through SIP next 20 years.
Also i wouild like to invest 1 Lakh as lumpsump amount in ELSS for next 15 years.
Can you suggest the funds which i can choose.
Also can you tell me the approximate returns i can expect for both the investments.
For 20 Yrs goal-Rs.1,000 in PPF, Rs.1,000 in Birla Sunlife Frontline Equity Fund and Rs,1,000 in HDFC Midcap Opp Fund.
For lump sum investment-Follow the same asset allocation.