My name is Santosh – NRI person. Currently I am investing 1 lakh RS. per month in following MF. My plan is continue this investment upto next 5 years. So is it good option or need to invest in any other option….
Thanks & Regards,
Mirae Asset Emerging Bluechip 19500
Reliance tax saver 14000
ICICI Prudential Banking and
Financial Services Fund 13500
Kotak Select Focus Fund 15000
Birla Sun Life Balanced Advantage Fund 11500
HDFC Top 200 Fund 10000
L&T Emerging Businesses Fund 10000
Motilal Oswal MOSt Focused Multicap 35 Fund 12000
If your time horizon is just 5 years, then stay away from equity investment.
No more than 5 years .. I will stay out of india for next 10 yrs at least so up to 10 yrs…
already investing 39 lakhs in one resale flat at Pune & remaining money in MF so is it good move…or any other option…