I have decided my goals ,time frame for them and the amount needed for them, debt-equity mix for them as per your earlier articles. For the equity component, I am thinking of MF SIP Route as below.
One diversified fund+One ELSS Fund+one mid cap fund+one small cap fund
Please advise what should be the % of my investment in each of the above funds
Whether you checked the portfolio overlapping with respect to ELSS against other funds??
i checked and the portfolio is as below
ELSS VS DIVERSIFIED – 12%
ELSS VS SMALL CAP – 9%
ELSS VS MIDCAP -15%
You are on right track now. Try to make sure that around 40% to 50% towards large cap, rest 60% to 50% diversified between small and mid cap. Remember to allocate the debt portion as per your goal timeframe.