Portfolio Analysis and Suggestions (Retirement & Kid's Education goals)

Q & A Forum › Category: Financial Planning › Portfolio Analysis and Suggestions (Retirement & Kid’s Education goals)

nmanjunath24 asked 8 years ago

Hi Sreekanth, I am 35 yrs old, planning to invest in following MF for my son’s education and for my retirement. kindly suggest if they are ok and also let me know if any other good MF for long term investment. RELIANCE SMALL CAP GROWTH DIRECT PLAN(Small & Mid Cap Equity) – 3k/month INVESCO INDIA GROWTH FUND GROWTH DIRECT PLAN (Large Cap Equity) – 5k/month TATA INDIA CONSUMER GROWTH DIRECT PLAN(Diversified Equity) – 5k/month L&T EMERGING BUSINESSES GROWTH DIRECT PLAN (Small & Mid Cap Equity) – 5k/month Thanks, Manjunath

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Sreekanth Staff answered 8 years ago

Dear Manjunath, I believe that there are better funds than TATA INDIA CONSUMER GROWTH under Diversified fund category. For ex : Birla Equity Fund / Franklin High Growth Cos Fund etc., You may continue with the rest of the funds as mentioned above. Kindly read : https://www.relakhs.com/retirement-planning-calculator-3-easy-steps/ https://www.relakhs.com/calculate-kids-education-goal-amount/ https://www.relakhs.com/best-mutual-fund-scheme-risk-ratios/ https://www.relakhs.com/mutual-fund-portfolio-overlap-comparison-tools/

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nmanjunath24 answered 8 years ago

Hi Sreekanth, Thanks for your suggestions!