I have been reading some of you article and liked the succinct way in which you build out your recommendation – especially a article on how to choose Liquid fund and your rational on why you didn’t select funds inspite of it being 5 by Valuereasearch.
I need a piece of advice from you:
I recently sold a property and got Rs.40L. This is the biggest corpus i have got in my lifetime and want to make it work for me. My objective: Willing to set aside 20L for Child’s education (12 Yrs from now) and another 20L for retirement (~15 Yrs.)
Apart from the above i started to save Rs.100,000 / month in MF (Large cap-60%, Mid-25%, Hybrid-10%, Diversified-5%) which i expect to continue. The objective of this investment is to cater to Retirement and any future capital expense -e.g. buying car.
Can you please suggest:
1. How should i invest the corpus in the first part for my given objectives; How do i make my corpus leverage the power of compounding?
2. Is the SIP and the allocation good for the retirement objective?
Refer my posts (link shared below). Then do the asset allocation based on the time horizon of your goals. If you are comfortable with lump sum at this juncture of high market, go ahead. Otherwise, spread that investment for 6-7 months and put it as per the specified asset allocation between debt and equity.
- Top 10 Best SIP Mutual Funds to invest in India in 2017
- Top and Best Debt Mutual Funds in India for 2017