Hi – I have my following in my portfolio and want to invest in couple of more SIPs – purely for savings for long term (more than 10 yrs) and retirement (I’m 31 now). Please advise as to where I can invest and how much should I invest if I need 2 lacs per month after my 55. Is there a need to adjust my portfolio. Idea is to generate wealth in long term.
BSL Relief 96- Gr – 1000
HDFC Prudence – Gr – 2000
Franklin Temp High Growth Companies – Gr – 1000
and there is a 1 time of investment of 2 lacs split in 6 funds (50,50,25,25,25,25) – all in MIP funds of HDFC, Reliance and Birla.