Hi Manish
Am a regular follower of jagoinvestor. Once I started reading jagoinvestor I came to know so many things regarding financial planning. Thanks for wonderful site. My age is 31. Am married and having 7 month old kid. Take home 43k.
1. Am planning to build corpus for retirement and child education. I want to invest in MFs for 15 to 20 years through SIPs.
I am constantly watching some mutual funds inorder to invest for long period say 10-20 yrs. I have short listed the below funds. (Thanks to Jagoinvestor! I dont know these things till I started reading Jagoinvestor.)
SBI Gold ETF
SBI Magnum FMCG
SBI Magnum Pharma-G
HDFC Balanced-G
IDFC Premier Equity Plan A-G
Quantum Long Term Equity-G
ICICI Pru Dynamic Inst I-G
HDFC Top 200-GFranklin India Bluechip-G
I have considered one Gold ETF, one balanced fund and one tax saver fund apart from equity funds. Please suggest some good funds from the above or any other If I have missed out. It may be silly but I have doubt. Is it good idea to invest in invest in MF upto 10 yrs through SIP and leave it for another 10 yrs like in stocks?
Thanks in advance
Venkat