Greetings !!!
Hi Sreekanth
I am a regular reader of your blog. This question is for my daughter who has completed graduation recently and studying for C.A.She is interested in shares so I have given initial amount of 20000 also she is getting 4000 monthly for doing part time work which can be put in shares.
Request your kind advice for investing. This can be on a long term basis for 5 years to 10 years or as advised since she has no financial commitments now.
With Kind Regards
Shreekumar
4 Answers
Dear Shreekumar Ji,
Thank you for following my Blog.
Kindly be informed that I do not provide suggestions on Direct Equity (Stocks).
In case if she would like to invest in Equity oriented Funds, she may consider Diversified equity fund + Balanced fund + Mid-cap fund.
Kindly read:
http://www.relakhs.com/top-15-best-mutual-funds-schemes-2016-sip-lumpsum/
http://www.relakhs.com/top-best-balanced-mutual-funds-returns/
Hi Sir
Thanks for your reply. I had wanted to know about mutual fund investment only but wrongly mentioned as share.
Hi,
As she does not have any financial commitments as of now, she can invest as much as possible and as frequently as possible in Equity funds.
She can consider investing lump sum amount in a balanced fund and then allocate higher percentage (SIP amounts) to Mid-cap & Diversified Equity Funds.
You may kindly suggest her to go through below articles:
http://www.relakhs.com/best-mutual-fund-scheme-risk-ratios/
http://www.relakhs.com/my-mutual-fund-portfolio-mf-picks/
http://www.relakhs.com/mutual-fund-categories-market-capitalization-large-cap-vs-mid-cap-vs-small-cap-funds/
http://www.relakhs.com/mutual-fund-portfolio-overlap-comparison-tools/
http://www.relakhs.com/top-15-best-mutual-funds-schemes-2016-sip-lumpsum/
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