Hello Everyone
I am planning to make my MF portfolio based on these funds. Already bought 3 of them at the beginning of this month. All are DIRECT plans.
Large-Cap:
UTI Opportunities Fund – Growth (Invested with Rs 5000 on 2nd sep, need to start SIP)
Quantum Long Term Equity – Growth (Invested with Rs 3000 on 2nd sep, need to start SIP)
ICICI Pru Focused Bluechip Equity – Growth (yet to invest later this month with Rs 5000)
Small & Mid-Cap:
Birla Sunlife MNC Fund – Growth (yet to invest later this month with Rs 5000)
SBI Emerging Business Fund – Growth (yet to invest later this month with Rs 5000)
Diversified Equity:
UTI MNC Fund – Growth (yet to invest later this month with Rs 5000)
Sector Funds:
Reliance Pharma Fund – Growth (Invested with Rs 5000 on 2nd sep, need to start SIP)
Balanced Funds:
Reliance Regular Savings Fund – Balanced Option (G) (yet to invest later this month with Rs 5000)
I am planning for a SIP of Rs 1000 in each of these funds from next month. Please suggest your feedback/comments on these funds and let me know if I need to change any of them.
I am a 30 year old, recently married. I can save up to 20k per month. My idea is to invest around 7k-10k per month in these MF SIPs and start an RD of Rs 10k for 12 months in some bank and may withdraw/renew it based on my needs after every 12 months.
Regards,
Raghu.