Hi Sreekanth,
I am new to MF. And tried to read some article and many of your post in your website and shortlisted some funds. Please can you help me finalize the MF portfolio for me.
My background, I am a self employed 27 years and ready to take risk.
For tax saving: 1 L/yr PPF + 50K/yr Axis Long Term Equity Fund
SmallCap: 1k SIP each (Or should I take one plan with 2K SIP)
Franklin India Smaller Companies Fund Direct G
DSP BlackRock Micro Cap Fund Direct G
....OR....
Franklin India Smaller Companies Fund Direct G
Reliance Small Cap Fund Direct G
Mid Cap: 2K SIP
UTI Mid Cap Fund (G)
....oR.....
HDFC Mid-Cap Opportunities Fund (G)
Large Cap: 2K SIP (can take 3K SIP for more stability)
Birla Sun Life Top 100 Fund (G)
....oR.....
Birla Sun Life Frontline Equity Fund (G)
....oR.....
Kotak Select Focus Fund (G)
....oR.....
Reliance Top 200 Fund (G)
Diversified: 2K SIP
ICICI Prudential Value Discovery Fund (G)
And some Liquid + Balanced Fund (As per money in hand)
Liquid funds are good right? Like Reliance Money Manger which give more interest rate as compared to bank FD's and I can withdraw it anytime as I want.
Thank You
5 Answers
Hi,
May I know your financial goals, investment objective & time-frame ??
Kindly go through below articles;
http://www.relakhs.com/investment-planning-investment-plan/
http://www.relakhs.com/best-mutual-fund-schemes-2017/
http://www.relakhs.com/best-mutual-fund-scheme-risk-ratios/
http://www.relakhs.com/mutual-fund-portfolio-overlap-comparison-tools/
http://www.relakhs.com/best-debt-mutual-funds-india-top-debt-funds/
Hi,
May I know your financial goals, investment objective & time-frame ??
Kindly go through below articles; My main financial goal is to let my money grow and I can withdraw when required. No sepcial requirement.
Time frame: No special time frame. If not required then I can keep it in MF and withdraw after 25 years. As your acticle says make keep three type of financial goals (short, mid and long)
So I am thinking of keeping PPF + Axis + the better return MF(for long term)
Balanced funds as medium if required otherwise I will let it grow.
Liquid funds as short I have selected funds reading your articles and some other sites. But I need your expert advice. Some of the funds are overlapping but it is like 10-20%. Which should be ok?
As Axis is equity funds and all other funds put some share in equity funds.
May I know your financial goals, investment objective & time-frame ??
Kindly go through below articles; My main financial goal is to let my money grow and I can withdraw when required. No sepcial requirement.
Time frame: No special time frame. If not required then I can keep it in MF and withdraw after 25 years. As your acticle says make keep three type of financial goals (short, mid and long)
So I am thinking of keeping PPF + Axis + the better return MF(for long term)
Balanced funds as medium if required otherwise I will let it grow.
Liquid funds as short I have selected funds reading your articles and some other sites. But I need your expert advice. Some of the funds are overlapping but it is like 10-20%. Which should be ok?
As Axis is equity funds and all other funds put some share in equity funds.
Hi,
As you do not have any specific time-frame, are there any chances to withdraw money in short period? What is the probability? How dependent are you on these investments?
Kindly note that time-frame is based on ones Goals and are not based on products.
PPF is a product meant for long-term savings like for Retirement.
I am making my portfolio more for retirement or early retirement. If everything goes well then there is very less chances I am going to withdraw the money soon.
But no one knows the future. Probability to withdraw can be a special case which no one wants in life like accident, major illness, etc. And even if this happen then Liquid funds will help me in this case?
yea I know, PPF is locked in for minimum 15 years and I am planning to extend it to 5 more years. So total 20 years. I am investing in PPF to be a safe side.
As I read "Mutual Fund investments are subject to market risk".
Should I invest less in PPF? Also I understand I need to keep an eye on the portfolio and add or remove funds as required.
As I read "Mutual Fund investments are subject to market risk".
Should I invest less in PPF? Also I understand I need to keep an eye on the portfolio and add or remove funds as required.
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