POSTED BY May 18, 2013 10:03 pm COMMENTS (8)ON
Hello JagoInvestor forum Experts,
Please help me with your suggestions.
I am 26 yrs old & getting 28K monthly take home after all deductions, I am single and my parents are not depending on me.
Expenses: Monthly living expenses – 8K
Investments till date:
Fixed deposits – 2Lakhs
PPF – 8K per month started last year Jan 2012
Term Insurance – 50Lakhs from Aviva paying 4.5k/Annum
LIC (Jeevan Anand & Mitra) – 36k/Annum
Bank FD : 1L
I am still saving 5k-7k/month. I wanted to start SIP. I searched so many websites and read some articles about MFs. Finally I decided to start SIPs. Could you please let me know these SIPs are good for me.
DSPBR Top 100 Equity MF SIP – 2K/Month(For longterm – 20years)
HDFC Top 200 Equity MF SIP – 3K/Month(For longterm – 20years)
Thanks & Regards, Venkat