I am planning to invest in Mutual funds through SIP – monthly and my time horizon for this investment is 10 to 15 years.
Am already investing in PPF (8000 P.M) for more than a year now.
Below are the funds I have chosen:
- Mirae Asset Emerging Bluechip Direct Growth – Rs.5000 P.M
- DSP Small Cap Fund Direct Growth – Rs.5000 P.M
- Already invested in Tata Ethical Fund Direct growth 2 months back – Rs. 50000 (Lumpsum)
Had invested in TATA Ethical Fund Regular Dividend since Aug 2015 and recently switched to Direct growth plan.
Little confused whether to continue this fund for a long term or should I Redeem after a year to avoid the exit load.
Please suggest whether to stay invested in Tata Ethical or to Redeem, also kindly advice on the SIP Funds chosen.
First do the asset allocation between debt and equity.
Thank you sir for your response.
asset allocation with 30:70 Debt vs Equity should i plan?
Also need your thoughts on whether to reduce the PPF portion and invest in other ultra short debt funds
Thank you sir for your response
asset allocation with 30:70 in Debt:Equity should i plan? If yes can i reduce the contribution towards debt and add the same towards Equity.
Also need your thoughts whether to reduce the PPF portion and invest in ultra short term debt funds..
I have funds for 4 months for emergency purpose and term insurance as well.