Hello My name is Varun. For the past 6 months I have been following your blog, your book and other finance resources. I am 25 years old and want to start investing now.
I am not married, no kids, no responsibilities.
My income 40,000 Rs
I am thinking
DSPBR Top 100 Equity Inst-Large cap
Quantum Long Term Equity- Large and mid
IDFC Premier Equity- mid and small cap
HDFC balanced or prudence ? confused? Also should I even do it ?
I can’t decide a multicap. HDFC seems too aggressive and too much hyped. Risky downside capture. However low fmc
DSPBR equity seems like a good bet but then in the latest value research online’s top rated funds it doesn’t find a mention.
I need something for the bull runs. Can’t decide! help
I am thinking following as well
1. one tax saving instrument maybe canara robeco what say ?
2. demat account as well for quarterly gold etf. Which one reliance , hdfc or sbi ?
3. how to introduce debt in my portfolio ?
I used jago investor calculator to calculate sips requiremt for following goals ?
My goals are 5 years-3 lakhs-sip of rupees 4790 increasing sip yearly by 10% growing at 10% (vacation )
In 10 years- 5 lakhs- required investment Rs 3201 increasing sip yearly by 10%home renovation )
In 12 years – 10 lakhs-Rs 4995 increasing sip same as above
In 15 years- 15 lakhs –Rs 5321 increasing
In 20 years – 30 lakhs –Rs 6629 increasing
Total = Rs 24436 monthly
For the earliest goal of five years do you suggest debt based like short debt fund or balanced fund ?