Here is a list of funds that i have selected for a Rs 30,000 a month SIP plan for the next 15 years. Would love to know whether it looks reasonable from an allocation perspective.I hope to get an averge of 12% in returns/year over the timeframe. I have adequate FD and real estate allocations on the side.
Rs 6,000 each in Quantum Long Term Equity, IDFC Premier Equity, ICICI Pru Focussed Bluechip . Rs 4,000 each in HDFC Balanced, Mirae Asset India Opportunities Fund and HDFC MidCap Opportunities
Woudl love to know your thoughts on this selection of funds and if i need to rebalance it.
Thank You so much,
Shyam