POSTED BY April 30, 2013 8:50 pm COMMENTS (3)
ONSir as you all always say that one should have specific goals attached to any investment. i have selected some specific goals and want to invest in mutual fund.please suggest me in which funds i should invest for my below investments.
1) Rs. 5000/ for 17 yrs
2) Rs. 5000/ for 13 yrs
3) Rs. 5000/ for 13 yrs
4) Rs. 1500/ for 27 yrs
also please tell me if i can directly invest online.
regards
himansu
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Himansu
Firstly, your goal arrive in the years which u mentioned. Its nt necessary to invest in d same funds for so many years. So, try investing in mfs for 3 years post which you can change the funds depending on the innovation which happens at that point in time.
Remember each goal has a behavior and your selection of funds should be according to that. The same fund may not be the answer to every goal.
Do consult a planner and implement.
I would select the following if I were you
ICICI Pru Focused Bluechip Eqty – 25 %
Franklin India Blue Chip 25 %
Quantum Long Term Eq. 30%
IDFC Premier Equity – A / SBI Emerging Businesses Fund – 20%
Dear Himanshu, Please invest directly with the MFs of your choice. if I’m in your place, I w’d start my journey with only 2 funds.
1. Franklin India Blue Chip
2. Quantum Long Term Eq.
Please invest all the different amounts equally into these funds only.
Thanks
Ashal