POSTED BY January 29, 2013 2:45 pm COMMENTS (7)ON
Hi Manish and Nandish,
I am Basil Varghese, an NRI working in Saudi Arabia and a Jago Investor reader.
I want to SIP invest Rs 50,000/month for a period of 10 years on NRI base to save from the tax on maturity.
(1)Large CAP: ICICI Prudential Focused Blue Chip Equity Regular-Growth
(2)Large & Mid Cap: Canara Robeco Equity Diversified Regular-Growth
(3)Multi Cap: DSP Black Rock Equity-Growth
(4)Hybrid-Equity Oriental Balance Fund: HDFC Balanced-Growth
(5)Mid& Small Cap: IDFC Premier Equity Plan A –Growth
(6)Equity-Bank: Reliance Bank &
(7)Gold: Reliance Gold Savings
I have not included the glittering Large & Mid Cap schemes HDFC EQUITY, HDFC TOP200, L&T EQUITY, UTI EQUITY since already a Large & Mid Cap is included in my selected portfolio & to avoid over diversification. Please advice on the SELECTION & % ALLOCATION with expertise. Also about including Bank Equity & Gold Savings.
Once again thanks Manish and Nandish for coming up with Jagoinvestor and for your financial guidance.