POSTED BY December 23, 2013 9:57 am COMMENTS (6)ON
From Jan 2014, I am putting all my monthly savings into MF. After that I won’t have an extra penny apart from my monthly expenses.
My question is whether it is advisable to put all your money in MF ? I am 25 years old. I also have ~ 1-1.5 Lac as FD which can be liquidated with just a click in case of emergency. Moreover I have a term insurance and all my family is covered with my company’s health insurance plan.
The reason behind investing everything in MF is because my current portfolio is fully in debt schemes viz PPF and FDs. Out of that FDs are my liquid assets. And I want to balance my portfolio with 75% concentration on equity.
Please give me your suggestions. My MF investment portfolio looks like:
1) Birla Sunlife MNC Fund (Regular)
Any suggestions / improvements from experienced folks will highly helpful. All my investments (except 2) are online and I can easily cancel/switch from them.
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