Dear All,
I am an ardent follower of this site since long. Following the various suggestions & comments I have made some investments in mutual fund. Now I request you to review my below portfolio & suggest further.
I am 25 years old. 2 years back I started Rs1000 SIP in HDFC top 200 & Reliance RSF equity growth. And this year I have invested in DSP-BR top 100 equity growth.Apart from that I have started PPF from this year Rs.3000 pm. I have no insurance or any other investments. Plz suggest what else investments should I make.
My calculation is to see the fund value when my age will be 55. Is it the right way I am going.? Will the funds be able to meet my expectation of 12-15% return over 30 years. I dont want to break or swith the fund as this might not give me the benefits of compounding over long term.Plz suggest.
Further I am planning to add IDFC prem equity & HDFC prudence in my folio. Will it be a right choice or I am moving to much towards equity. Little bit confused. Kindly guide me on the issue.
Thanks in advance.
Sincerely,
S. Choudhury, Vizag