Hi, I am a working professional. Please help me in making my portfolio, which can save tax as well help me in long term investment.
My financial details:-
AGE : 24 yrs
Monthly salary : 29000/-
Taxable income after HRA and other deduvtion: 7500/- p.m.
My current fortfolia:
PPF account : suggest how much should i invest in it
Fidelity tax Advantage MF : 2000/- (SIP per month)
Canara Robecco Tax MF : Planning to buy from April on Rs 2000/- P.m.
Please suggest on Term Plan : Planning to Purchase for Rs 1 crore costing me Rs 7200/- p.m.
Since DTC will affect ELSS, should i purchase Canara Robecco MF. Please suggest me the correct portfolia for me. I am willing to invest for long period( i.e. about 15 years or more). My priority is TAX saving as well as High return through optimum investment. I am seeking these information for coming financial year( i.e. 2012-13). Thanx in advance.