Hello Srikanth,
Good Day. At first,i would like to appreciate your efforts on publishing of various articles/suggestions on multiple investments.Your efforts are really commendable.
I would like to invest an amount of Rs 10000 through SIP from this month in multiple funds.(Debt/Equity/Balanced).Could you please suggest the best performing funds.
I already have the following SIP's since last year
1)Mirae asset emerging blue chip
2)HDFC Balanced
3)Tata Balanced
4)SBI Blue Chip
5)Tata P/E Equity fund
6)Axis Long term Equity fund(ELSS)
Could you please suggest a balanced portfolio consisting of debt funds as well for short term(<3 years) and long term (>5 years)
Thanks,
Srinivas Manoj
3 Answers
Hi Srinivas,
Thank you for your appreciation & kind words!
Your existing portfolio looks fine. For your long-term goals, you may continue with the same portfolio.
For time-frame of less than 3 years, may I know your investment objective / financial goal? (are you willing to take some risk??)
Suggested articles;
https://www.relakhs.com/investment-planning-investment-plan/
https://www.relakhs.com/my-mutual-fund-portfolio-mf-picks/
https://www.relakhs.com/best-mutual-fund-scheme-risk-ratios/
Thank you for your advise.I would like to invest an amount of Rs 10000 through SIP as a moderate Risk taker for a period of 3 years for the purchase of a car/ for my child's education on an yearly basis.
I also have some ULIP policies which i would be surrendering at the earliest and would invest Lumpsum of Rs 3Lakhs through SIP's.Please suggest a portfolio to start with
Hi,
For recurring expenses / emergency fund / short term goals, you may consider options like Bank RD, Arbitrage fund, Short term debt funds / Liquid funds, conservative MIP funds etc.
Kindly read:
https://www.relakhs.com/debt-funds-types-benefits-risk-vs-return/
https://www.relakhs.com/best-debt-mutual-funds-india-top-debt-funds/
https://www.relakhs.com/best-arbitrage-funds-returns/
https://www.relakhs.com/best-monthly-income-plans-india-mutual-funds/
https://www.relakhs.com/list-of-best-investment-options-schemes-in-india/
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