Need suggestions regarding SIP investment in Mutual fund schemes

Q & A ForumCategory: Mutual FundsNeed suggestions regarding SIP investment in Mutual fund schemes
govkj asked 8 years ago
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.
VelagaNaveen replied 8 years ago

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

3 Answers
Sreekanth Staff answered 8 years ago
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/  
govkj answered 8 years ago
Hi Srikanth, Below are my objectives
  1. Children education expenses in future.
  2. Wealth accumulation.
  3. Retirement benefits.
I am 28 years old and available time frame would be 20-25 years.   Please suggest.
Sreekanth Staff answered 8 years ago
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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