The Economic Times

Have SIP investments and Rs 30 lakh for lumpsum? Heres how to invest in mutual funds for long-term wealth creation

A 38-year-old investor with a 20-year horizon is considering a Rs 30 lakh lump sum investment alongside her existing SIPs. Financial expert Harshvardhan Roongta advises careful evaluation of market conditions and risk appetite before deploying the lump sum, suggesting either equity or hybrid fund strategies for wealth creation.