Will these equity funds help me achieve my long term financial goals?
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Last Updated: May 05, 2021, 01:26 PM IST
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I am a 32-year-old and I started investing in mutual funds from Feb 2021. My target is to build wealth for long term of 15 to 20 years for my future expenses, like child education and marriage and my retirement.
I started SIP of Rs 13,500 which is as follows:
Quant Small Cap Fund - Rs 2,000
I want your suggestions as I am new to investing.
First time in 9 months! Equity MFs see net inflows of Rs 9,115 cr in March
According to AMFI data, equity funds recorded healthy net inflows to the tune of Rs 9,115 crore in March. Highest net inflows across the equity scheme categories were recorded by the thematic and sectoral schemes worth Rs 2,009 crore in March
Equity-oriented schemes saw redemptions worth Rs 18,908 crore in March, 26 per cent lower than the earlier month
Equity-oriented mutual funds have witnessed net inflows in March for the first time in last nine months. According to Association of Mutual Funds in India (AMFI) data, equity funds recorded healthy net inflows to the tune of Rs 9,115 crore in March. Highest net inflows across the equity scheme categories were recorded by the thematic and sectoral schemes worth Rs 2,009 crore in March, whereas, multi cap fund and value-oriented funds saw net outflows of Rs 191 crore and Rs 199 crore in the last month of FY21. All other categories saw net inflows.
First time in 9 months! Equity MFs see net inflows of Rs 9,115 cr in March businesstoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstoday.in Daily Mail and Mail on Sunday newspapers.