I am 27 years old, unmarried , all my investments till now had been in Government debt instruments and direct shares.
Now m on the verge of investing into mutual funds and spliting my money in debt and equity for
Retirement[Equity] – 3k(Tenure – 25 years)
Childs Education/planning[Equity] – 4k(Tenure – 20+)
Debt portfolio/month PF – 2k , PPF – 1k , NPS – 2k
Based on 1 of ur prev suggestions related to dis topic i.e
1 largeCap , 1 mid , 1 small .Below is my selection
LargeCap – Birla Sun Life Frontline Equity – 2k
MidCap – Mirae Asset Emerging Bluechip – 2k
Diversified – ICICI Pru Value Discovery – 2k
Kindly suggest if this can make a good base for reaching my goals with moderate risk.
R should include 1 balanced fund and small cap also ?
Also is it fine to take Direct plans from each fund houses from the beginning itself rather than regular plan?
Thanks in advance
May I know the ratio of debt:equity?
Debt : Equity : 30-70
PF(2k)+ PPF(1k) + NPS (Debt-1k ) = 4000
Women are never so strong as after their defeat.
MF(6k)+ NPS(Equity-1k) = 7000
Above investment comes around Debt -36% Equity -64%
Thanks Basunivesh !!!!
Just today opened with BirlaSunlife and ICICI MF for DIrect plans in their respective websites.
I have put midCap on hold,
As i heard about ETF’s i.e Passive,lower brokerage charges than MF.
Example – ICICI Prudential Nifty iWIN ETF or Birla Sun Life Sensex ETF
What is ur opinion on ETF?
which is better between ETF and MF?
Deepak-Don’t just invest in ETF for the sake of low cost. Invest and continue if the fund is generating the expected return. Sometimes liquidity may be an issue in ETF. Also, in India Index is not that much matured or rightly configured like western countries. So review is a MUST for ETF also.