Dear Gurus
I am planing to start monthly mutual funds investement of Rs 25000. At the moment I am planning to split the amount among these 4 funds:
1) Quantum Longterm Equity (10000)
2) Franklin India Bluechip or HDFC Top 200 (7500)
3) HDFC Mid-Cap Opportunities (3500)
4) IDFC Premier Equity (3500)
My investment time line is 15 years and targeting for Rs 1 crore. Every year I am planning to increase the total SIP amount by 5-10 %.
Could you pls advice me whether is it a right portfolio mix? I’ve selected 2 large cap and 2 mid-small cap funds for this portfolio. Or is it too many funds?