Paytm is not among heavily-owned stocks by mutual funds in India as 23 fund houses via 69 schemes have invested Rs 1,995 crore in the company. Paytm’s average market-cap was Rs 53,327 crore during the June to December period.
Story outline
Equity is a very volatile asset class and currently, the markets are at high levels.
Double-digit returns can be achieved over the long run.
Double-digit returns can be achieved over the long run.
I am 22. I want to invest Rs 60,000 that I received as RD maturity amount. The portfolio should generate 12-15% per year over the next three years.
Rushabh Desai, AMFI registered mutual fund distributor replies: To earn double-digit annual returns, you will need to invest your corpus in equity mutual funds. Equity is a very volatile asset class and currently, the markets are at high levels. Thus your portfolio may not be able to earn 12-15% annual returns over the next three years. Double-digit returns can be achieved over the long run. As you are just 22, you can take the risk and hold your investments for a much longer time to earn double-digit returns. You could invest in the following equity mutual funds under the guidance of an adviser, with a minimum holding perio