Dear Srikanth,
I have opened an account with Fundindia and Invested in the following schemes. No particular goal-just investment purpose -for ease of investing with funds india. The time is for 3 years. i have selected the Schemes myself from the options given by them. kindly opine regarding the schemes. HDFC short term Opp fund(G)- 2100/month UTI Dynamic Bond fund(G)-2100/month ICICI pruBalanced fund (G)-2800/month (However palnning to invest in MF utility platform for Specific goals- 1)child\'s education in 6 years time- 10 lakhs2)Retirement in next 10 years time -50 lakhs . Plz suggest Appropriate Schemes for Direct investments in MF utility platform.Apart from the above i can invest another 10000-15000/month for next 10-15 years) Thanks and Regards Illi
3 Answers
Hi,
You may go through below articles ;
https://www.relakhs.com/mfutility-invest-direct-plans-mutual-fund-schemes-online/
https://www.relakhs.com/calculate-kids-education-goal-amount/
https://www.relakhs.com/retirement-planning-calculator-3-easy-steps/
https://www.relakhs.com/best-mutual-fund-schemes-2017/
Thanks for the reply Dear srikanth.
The childrens education Calculator is simply Awesome. This is the first time i understood from a wealth creation calculator. Very user friendly. Congrats and many thanks on behalf of All the Novice investors and common folk out there !
However you have not commented on the SIP's i started with funds india. Your opinions would help me understand where and how of the pitfalls of self investing in MF's(even though its given in many places and many times:).Actually doing (investing) it and analysing personally with an experts help is a better educator and eye opener ! (HDFC short term Opp fund(G)- 2100/month UTI Dynamic Bond fund(G)-2100/month ICICI pruBalanced fund (G)-2800/month) .KIndly share your opinion on these! would be grateful!
Regards
Illi
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