Hi,
I planning around 13K per month SIP in mutual funds for long term (> 5 years) wealth generation purpose. So far I have selected
5K monthly SIP in ICICI focused bluechip equity growth
4K monthly SIP in IDFC premeir equity plan A growth
For the third SIP, I need guidance from you folks. I already have other debt investments. Looking for primarily equity play. I am confused on 2 aspects:
1. Should I consider multi cap or balanced fund?
2. Please share few funds in those category you would recoomend.
3. Should I consider a dividend plan of the fund?
To be honest i still dont have clear financial goals defined.