Hi
I can invest 30K per month for period of 3 years in SIP left them for 5-6 years to grow.
I have selected 5 funds for SIP and can invest 6K each in these 5 funds.
Large Cap- Franklin Bluechip
Multicap- HDFC equity
Mid Cap service- SBI Emerging Business
IDFC Premier Equity
Balanced Fund- HDFC Prudence
I Have contigency fund have 4 lakhs in fds/svaing bank a/c . I dont want to break this fund and invest in equity.
Right now,i have 1 lakh In HDFC Tax saver and 1 lakh in PPF But for next 3 year i dont need to do any
tax saving investments.
I have also invested some 1 lakh in equity(small & mid cap stocks). btw i checked my portfolio and SBI emerging business and IDFC premier equity portfolio and found stocks in my equity portfolio is somehwat similar to these funds.
Can someone help me with my selection of funds
Regards
Manish