Three hand-picked mutual fund portfolios for SIP amount up to Rs 15,000 per month

I am planning to start monthly SIPs worth Rs 15,000. Please suggest some good mutual funds along with distribution ratio.
- Jibu Alex

We believe you want to invest in equity mutual fund schemes. Please remember that you should invest in equity mutual funds only if you have an investment horizon of at least five to seven years. Equity can be extremely risky and volatile in the short term. If you continue to invest over a long period in equity schemes, you can benefit from the volatility in the market. It will help you to average your purchase cost and maximise returns. That is why equity mutual funds are ideal to take care of your long-term financial goals. For short-term goals, stick to safer avenues like bank deposits and debt mutual funds.

Since you want to invest in a few mutual funds to create a portfolio, you can use our recommended mutual fund portfolio. We have recommended a few portfolios based on the risk profile of the investor and the quantum of SIP amount. Read: A mutual fund portfolio for every pocket.

Here are three portfolios for you. You can choose one based on your risk profile.

(If you have any mutual fund queries, message ET Mutual Funds on Facebook. We will get it answered by our panel of experts.)