Hi,
I am 28…unmarried…My monthly take home is 60K, out of which 25 K goes towards home loan….considering my expenses, I will be having 20K as savings on hand…
I am planning to invest 10k monthly towards SIP for long term plans (5+ years), with allocation of 50% towards Equity funds, 30% towards Balanced funds & 20% towards Debt funds…
I currently hold 10 Lakhs in endowment policies & 3 Lakhs in ULIP…
Am planning to have my portfolio as follows (I have chosen these products after going through our forums and other websites):
Equity funds (50%):
DSP BR Equity Fund Growth – 20%
Franklin India Blue Chip Growth – 15%
HDFC Top 200 Growth Fund – 15%
Balanced Funds (30%):
Canara Robeco Balanced Fund – 15%
HDFC Prudence Fund Growth – 15%
Debt Funds (20%):
Tata Young Citizens – 20%
Please suggest if my investments are diversified properly…also I would like to know more about some better peforming Debt funds…
Any suggestions/criticism are welcome…
Thanks
Raja