Buying a house is never an easy task. With the housing prices increasing at a great pace, it will be a dream to buy houses of our own in the near future. Although, with the availability of modern investment tools, financial planning to buy a house can be done conveniently if the investment is done in a disciplined manner. Mirae Asset Emerging Bluechip Fund can be an ideal choice for such financial objectives as the fund aims to deliver long term capital appreciation to the investors. The experts at MySIPonline recommend investing through SIP in Mirae Asset Emerging Bluechip Fund to achieve the target in 10 years.
What is Mirae Asset Emerging Bluechip Fund?
It is a top performing mutual fund in India which has excelled in every aspect of comparison with the peers. It falls under the category of large and mid-cap mutual fund and holds the respect of being one of the best in the category. It has delivered consistent gains to the investors for a long time under changing market conditions. The fund manager Mr Neelesh Surana is highly experienced to grab every money-making opportunity in the large and mid-cap segment. Mirae Asset Emerging Bluechip Fund has delivered the highest returns to the investors in the category and is also one of the most rewarding mutual funds in India.
To Buy a House in 10 Years
Buying property after 10 years can be a challenging task. Considering the growth rate in the cost of construction, a well-furnished flat of 2 BHK or more can be worth more than 2 crores after 10 years. To achieve such a gigantic financial target, investors need to plan in advance. Using the SIP calculator at MySIPonline, we can calculate the amount that needs to be invested monthly in Mirae Asset Emerging Bluechip Fund. The fund has maintained more than 20% trailing returns since inception and the trailing returns for the last 5 years are also more than 20% hence for next 10 years, we can expect the fund to deliver returns of anywhere between 16 to 20%. To buy a decent house or flat at a good location one needs to invest Rs 50,000-70,000 every month for 10 years. Investments should be done in a disciplined manner regardless of the market conditions.
Can Anyone Invest?
Investors need to understand that Mirae Asset Emerging Bluechip Fund is an equity scheme and the investments are done in various equity instruments. The performance of the fund entirely depends upon the stocks selected by the fund manager. He invests an equal proportion of corpus in large and mid-cap stocks. The fund involves high risk due to major involvement of aggressive stocks. Investors must be ready to face frequent fluctuations in the short term as the market trends are highly responsible for the performance of the scheme. The stocks selected by the fund manager can be highly productive in the long term.
Mirae Asset Emerging Bluechip Fund is a top-performing mutual fund in India and can be chosen for long term capital gains. It can be a great choice if the investment tenure of more than 5 years. The fund has a superior track record and can be an optimum choice for buying a house after 10 years. To make a personalised investment plan for free of cost, connect with the financial experts at MySIPonline.