I invest Rs 1,000 through monthly SIP in Quantum Long Term Equity fund for long term wealth creation purpose. Please advice if this is a good investment?
Arumugam R
This is a 5-star rated multi cap fund which invests in companies that are part of the BSE 200 Index. In the past three years the fund has earned an annualised return of 17 per cent and about the same in the past five years. You can continue investing in this fund through SIPs, but do track the performance of this fund regularly as multi cap funds.