Lump sum investment Option - Suggestion

Q & A Forum › Category: Investments › Lump sum investment Option – Suggestion

gsvinoth asked 8 years ago

Dear Sreekanth, I have 1.5 lakhs money. I want to invest this money in long term horizon (10 to 15 years) . I don't have any knowledge about share market. I do invest in Mutual funds every month. Could you please advise me where to park this money for 10 to 15 years with high returns ? If mutual fund then please suggest me fund. Thanks in advance. Regards, Vinoth GS

5 Answers

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Sreekanth Staff answered 8 years ago

Dear Vinoth, You may kindly list out the name of MF schemes in your portfolio??

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gsvinoth answered 8 years ago

Dear Sreekanth, My portfolio is below, GROWTH option ICICI pru value discovery fund - 3K per month SBI bluechip fund -3K per month Franklin India smaller company fund -3K per month HDFC mid-cap opportunities fund -3K per month Aditya birla tax relief fund 96 fund -3K per month Above all funds for my retirement purpose ( 15 years ). Regards,
Vinoth GS

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Sreekanth Staff answered 8 years ago

Dear Vinoth, Do you also have a Debt income (fixed income products) portfolio?? (Ex : EPF/PPF/Bonds...) I should have asked this question in my previous answer itself :) (Asset allocation is equally important!)

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gsvinoth answered 8 years ago

Dear Sreekanth, Yes i have opted EPF(in my organization) / PPF ( 3k per month) . That's all my investments. Kindly advise. Thanks and regards, Vinoth GS

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Sreekanth Staff answered 8 years ago

Dear Vinoth, You may allocate the lump sum amount among your existing Funds itself. You may invest manually in 2-4 installments in the next few months, as markets are expected to be very volatile for the rest of the Financial year and may give you enough dips to invest your lump sum amount.