Hello Sreekanth,
I have recently invested 25 lakhs in four mutual funds which are Birla Sunlife Frontline Equity Fund, Mirae Asset India Opportunity Fund, HDFC Income Fund & HDFC Balance Fund. I have created STP for 18 months in these four funds from their respective liquid funds.
Besides this I am also planning to start sip of 60k per month in same funds mentioned above which will make a total of inr 2,40,000 in SIP.
Do you think this is too much of amount for SIP ? Do you have any other suggestion ?
Thank you in advance.
1 Answers
Hi,
How much SIP?? - It all depends on how much you would like to accumulate for your financial goals.
Suggested readings :
https://www.relakhs.com/investment-planning-investment-plan/
https://www.relakhs.com/financial-planning-pyramid-wealth-protection-accumulation-distribution/
https://www.relakhs.com/retirement-planning-calculator-3-easy-steps/
https://www.relakhs.com/calculate-kids-education-goal-amount/
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