Dear Manish,
Hope you are doing fine, actually i would like to clarify some of my doubts and required your help for my financial planning. Actually i m a married person age 27years my monthly salary is 60 K. i had a LIC policy of 7 Lacs coverage for which i m paying around 35 K yearly. I understand that i require a term plan of around 1 Crore for which i m planning and will go for it in one month time.
Now all i want 2 know that i have made sudden MF investment Via SIP….
1. Reliance Regular Saving 1500
2. HDFC Top 200 @ 3000
3. Reliance Growth Fund @ 1500
4. Birla Frontline Growth Fund @ 1000
5. Fidelity Equity Growth @ 1500.
After having all the investment and my monthly expenses i m still remaining with around 15K in my pocket for which i need ur assistance to where to invest do u have some other MF other than the one i invested and could u please suggest the way i invested in MF is right or do i need to make some changes. Other then this i invested 30000 Each in my and my wife PPF Account.