PORTFOLIO SUGGESTION

POSTED BY yogesh paliwal ON September 8, 2011 3:38 pm COMMENTS (3)

I DO NOT HAVE MUCH KNOWLEDGE ABOUT MARKET AND MFs. I HAVE  A TOTAL OF RS. 5000- 7000 TO INVEST PER MONTH IN VARIOUS FUNDS FOR THE NEXT 2-3 YRS. PLZ SUGGEST ME 3-4 GOOD FUNDS INCLUDING ONE GOLD SAVINGS FUND, ONE LARGE CAP AND ONE MID CAP FUND.

MY AGE IS 28 YEARS AND I AM AGOVT EMPLOYEE. MY SALARY IS RS. 50,000 PER MONTH. I AM ALSO PAYIN A HOME LOAN EMI OF RS. 15000 PER MONTH.

THANKS AND REGARDS,

YOGESH PALIWAL

3 replies on this article “PORTFOLIO SUGGESTION”

  1. ashal jauhari says:

    Dear Yogesh, Out of your 7K Rs. I w’d ask you to use 5K Rs. to increase your home loan EMI & invest remaining 2K Rs. in HDFC Prudence fund.

    The reason is simple, After the recent interest rate hikes, your loan term has been increased by your banker & thus your over all interest burden over the term of loan (due to increased term) ‘ll be higher than normal term.

    Thanks

    Ashal

  2. TheZionView says:

    @yogesh

    If you time is just 2-3 years and you need your investment later on ,then invest in MIP or Balanced Fund as the time period of 2-3 years is not for equity Mutual Funds. Consider investing it only if your looking for longer time period like 5+ years.

  3. Abhishek says:

    You can do a sip of Rs. 3,000 each in
    Franklin India Bluechip Fund
    HDFC Equity Fund

    1000 can go to Kotak Gold Fund

    All the best !

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Join 1,60,000 email subscribers

FREE Video Lessons directly in your email daily

144 page PDF ebook with best articles from Jagoinvestor

Get future articles directly on your mailbox + updates


6 PART VIDEO COURSE

FREE 

 

 

You are subscribed for FREE Course now, Check your Email

CONGRATULATIONS

Join 1,60,000 email subscribers

FREE Video Lessons directly in your email daily

144 page PDF ebook with best articles from Jagoinvestor

Get future articles directly on your mailbox + updates


6 PART VIDEO COURSE

FREE 

 

 

You are subscribed for FREE Course now, Check your Email

CONGRATULATIONS