Hello Sir, I m 30yrs old new investor.
Right now I m investing as follows
Post office Rd – 2500pm
Franklin blue chip growth fund – 2000pm
FRANKLIN smaller cos fund – 2000pm
PPF account I have where I invest as n when I get sizeable cash.
I have just recvd 2lakh as lumpsum money by my uncle.
I would like to know the best way to invest it for long term of more than 10yrs.
Was thinking of 1 lakh in sharemarket n 1 lakh in HDFC Balanced fund dividend plan…n from the dividend I could start 1 more midcap sip.
IS it a good idea. Plz suggest.
What logic or what additional income you generate by opting divided and re-investing the same in some other fund? It will just create unnecessary additional process. Regarding the funds and asset allocation for your goal, refer my earlier post “Top 10 Best SIP Mutual Funds to invest in India in 2017“.
Sir then where would u suggest me to invest 2lakh lumpsum for a longterm period of around 15 years. MODERATE risk appetite.
Also I m already investing in one large n one small cap fund. Should I add more or increase d amount in d abv Sip plans