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Which Mutual funds schemes should I invest for monthly SWP

I am 73 years old person and now retired. I have corps of 20 lacs I want return 20000 p/m from SWP kindly guide me in which funds I have invested approx 12 lacs TATA Equity Pension Fund, SBI Magnum Equity, Motilal Oswal 35 Fund, SBI Mid Cap, Canara Robeco, LT Value Fund, LT Mid Cap Fund, ICICI Banking and Financial Fund, ICICI Equity Debt Fund, ICICI Pru Discovery Fund, HDFC Balance Advantage Fund, HDFC Mid Cap and HDFC Hybrid Equity Fund. I have checked return on SWP I find that LT Midcap Fund after the SWP 12% value after 23 months 115234 on investment of 100000 and LT Value Fund given 105256 and HDFC Hybrid Equity Fund given 97376 kindly guide me that in which fund I will invested. Thanks to your site information regarding mutual funds. Really it is very knowledgeable information given by your site. I am really great full. Kindly guide me?

Aug 8, 2018 by Harish Chandhok,   |   Mutual Fund

You have mostly selected mid cap, small cap, multi-cap and sectoral/ thematic funds which falls into moderately high to high category. Considering your age, we think, these funds will not suit you. At this age... Read More

Am I investing in best performing mutual funds or not

I am a regular visitor of your answers for the queries posted by individuals like me and learnt a lot from them. Thanks a lot for making me aware for the value of investing. Just now I had a talk with you over telephone from Kolkata. Kindly enlighten me about the following - 1. I have an SIP of Rs 12000.00 pm in Franklin India equity fund growth from Nov 15th 2015 and would like to continue till 2022. Goal Son's Marriage (Q) Should I continue with fund? Will it be good? Or shall I switch to any other good fund of same AMC? 2. I have an SIP of Rs 10000.00 pm in SBI Blue Chip Fund Growth from March 2017 and would like to continue till 2024 - Goal for daughter's Marriage (Q) Should I continue with this or switch? Will it be good? 3. My son has also invested in Aditya Birla Sun Life Equity Fund - Growth as SIP of 20000.00 PM from Feb 2017. Goal not known. I forced him to open since I know the value of compounding. (Q) Should he continue with it? 4. I have an SIP of Rs 2000.00 pm in Franklin India Prima Fund Growth (don't know whether name has been changed recently or not) from April 2009 and would like to continue till 2024. (Q) Again same question Should I continue with this or switch? Will it be good? I want to get an expert opinion from you. Kindly help me?

Aug 8, 2018 by Asit,   |   Mutual Fund

Thanks for being a regular visitor to our website and also for the kind words. I am glad that you are now more aware about the value of investing in mutual funds. Here you go with my suggestions... Read More