Hi All,
I wanted suggestions for chosen MFs based on life goals. Please suggest if you think it should be any different.
1) Emergency Fund: 75% Liquid fund from FT + 25% long term FDs
2) Retirement Fund: 50% EPF (cant reduce this now but %age allocation to this goal will reduce from next year onwards) + 50% in following MFs:
a) IDFC Premier Equity – 20% of 50%
b) Quantum Long term Equity – 30% of 50%
c) Franklin India Bluechip – 30% of 50%
d) HDFC Top 200 – 20% of 50%
3) Children Education Fund (kid is right now 1.5 year old): HDFC Prudence
4) Additional Expenses (Vacation, Car): HDFC Prudence
Thanks for all the help.
Regards,
HM