Dear Sir,
I am a newbie in Mutual fund investment. Recently I have started thinking about making monthly contribution to certain mutual funds.
Please let me know whether the following selection is fine or you suggest any changes.
I am ready to take risk in investment and my time frame is 2-3 years.
1) DSP BR Micro Cap Fund – Growth.
2) ICICI Pru Focussed BlueChip Equity – Growth
3) HDFC Balanced – Growth
4) Not sure on this but may be a gold etf.
I am planning to invest 5000 monthly on each of these.(Total 20,000 monthly)
Do you suggest any change in fund and the amount to be distributed between them.
Regards,
Saurav