I need to ask below two questions :-
1. I have 2000 Rs already invested in 2 MFs of diff type. I am tempting to invest 1000 Rs more.
Can you please suggest – should i invest this additional amount in existing categories and type MF i am investing in or i should invest it in the some other New MFs ?
2. I have RDs running with Banks. What would be the better step, stopping that Rds in between and start the same amount investing in MFs in place of it? My Goal is long term wealth creation with MFs and may be short term horizon of 3 years to repay Home Loan and other neccessities of life with RDs. So, what you suggest me shoul i do?
Thanks once again for your expert advice and suggestion.