I hope you are doing well. I am planning to do SIP for long term, please suggest whether to go with 5 years or 10 years. This is for my kid’s (six yrs old) and I hope I have appetite to invest next 10 years. I have opted the funds below, please advise whether these are fine to go with.
1000 rupees: Large cap: Axis Bluechip Fund
1000 rupees: Mid: HDFC Mid cap opp fund Done
1000 rupees: Balanced: HDFC Hybrid Equity Fund
2000 rupees: SBI Magnum gilt fund 2000
Sir, any update