Investing Rs 10K a month How this SIP strategy can be Gen Z’s new wealth playbook
I’m a 21-year-old woman currently in my first job, earning a monthly salary of Rs 32,000. My regular expenses include Rs 8,000 for rent and around Rs 14,000 for lifestyle spending such as dining out, shopping, travel, movies, and credit card bills. This leaves me with the capacity to invest up to Rs 10,000 per month.
In my first month of investing, I started with Rs 7,000 in the HDFC Flexi Cap Fund. Going forward, I plan to invest the full Rs 10,000 each month. I’m not interested in investing in individual stocks, as I prefer not to deal with the volatility and constant tracking they require.
Could you please recommend 2–3 reliable mutual funds that are suitable for long-term, hands-off investing? I’m looking for funds where I can…
