Hi Sree,
I have been following your blogs for more than 2 years. It is very helpful and Could you please help me with my queries below
1. I have a fixed deposit of 8 lakhs and I could see the returns are very less. Could you suggest any alternate investment plan for this amount in mutual fund. I don't have any plan to use that money for next 2 or 3 years.
2. I already have axis lte mutual fund sip running and I would like to add two more mutual fund for long term goal of 10 years. What are your suggestions here please?
Thanks in advance
3 Answers
Best Answer
Hi,
Thank you for following my blog posts!
1 - Can you afford to take some amount of risk?
2 - You may add one Hybrid Aggressive Fund like HDFC Hybrid Equity Fund and one large cap Index Fund to your portfolio.
Kindly read :
Hi Sree
Thanks for responding back and to answer your question yes I am ready to take a risk. Kindly suggest me the options for my first question
Thanks
Hi,
1 - You may consider to invest some amount of the corpus in upcoming 'Secured NCD Issue' (if any) for a duration of 24 to 36 months and some amount in 'Ultra Short Term Debt Fund'.
Kindly beaware of the risks associated with NCDs and Debt Funds.
Kindly read :
Please login or Register to submit your answer