1.) For what purpose I want to start MF : my own Flat 2BHK/3BHK in mumbai
2.) What is the time horizon of my mutual fund investment:10-15 yrs for long term and 1-3 years for short term.
My age is 28 yrs and going to marry soon
I want to invest -10,000/month in mutual Fund
could you please tell me what should my portfolio allocation: equiry(largecap,large and mid cap,mid and small cap ,multi cap) ,debt(mip,FMP,PPF),gold
Can you check my portfolio is better???
Mutaul Fund Equity
ELSS:
HDFC tax saver D(1000/month)
Canara Robecco tax saver D(1000/month)
ICICI prudential tax saver D(1000/month)
Non ELSS Fund:
ICICI Focused Bluechip G(2000/month) LargeCap
HDFC Top 200 G(1500/month) Largecap & Midcap
HDFC Equity G (1500/month) Multicap
IDFC Premeiour Equity G (1000 /month) Midcap & Smallcap
Debt
PPF-just opened account in this month and invested 12000 lumsump for this financial year for tax rebate.
i can think here about FMP/MIP/Fixed Deposit.which one is better and how much need to invest lumsump/SIP???????
Gold
1unit gold ETF reliance /month
Term Insurance
Aegon Religare Level Term life insurance (22 lakh)
ULIP
Aegon Religare Pretect Gain Plan
@Manish pls guide me by providing the feedback on above the selection is good or need any changes