I want to start SIP with minimum amount of Rs/- 5000 per month, Can you please suggest how to proceed?
I have very low knowledge on mutual funds.
3 Answers
Hi,
May I know your investment objective(s) and time-frame??
Suggested readings :
https://www.relakhs.com/investment-planning-investment-plan/
https://www.relakhs.com/mutual-fund-categories-market-capitalization-large-cap-vs-mid-cap-vs-small-cap-funds/
https://www.relakhs.com/direct-mutual-fund-plans-buy-online/
https://www.relakhs.com/mutual-fund-direct-plans-vs-regular-plans/
Hi Srikanth,
Below are my objectives
- Children education expenses in future.
- Wealth accumulation.
- Retirement benefits.
Hi,
Suggest you to go through below articles and you may revert to me with your analysis/ more queries ;
https://www.relakhs.com/retirement-planning-calculator-3-easy-steps/
https://www.relakhs.com/calculate-kids-education-goal-amount/
https://www.relakhs.com/best-mutual-fund-scheme-risk-ratios/
https://www.relakhs.com/mutual-fund-categories-market-capitalization-large-cap-vs-mid-cap-vs-small-cap-funds/
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Hi Shreekanth,
I really get inspired to invest when i read your articles and this is the only forum i understand about investments very clearly.
I wanted to know about my investment protfolio if it helps me to earn good returns in long term.One of the goal is to repay my home loan.
Equity – Diversified:
Franklin High Gr Com (G) , ICICI PruDynamic (G), AdityaBSL Equity (G)
Equity – ELSS:
AdityaBSL TaxRelie96 (G)
Equity – Large Cap:
DSP BR Focus 25 (G)
Equity – Small and Mid Cap:
DSP BR Small&MidCap (G) and Franklin SmallerComp (G)
Debt – Short Term:
DSP BR MMF (G)
Equity – Sector Fund:
Franklin Build (G).
Thanks in advnce.Looking forward to your response