I am 40 yrs old and now planned to invest for long term ( more than 10 to 15 years) (for retirement, kids education , kids marriage..etc)
I have chosen the below MFs based on some financial blogs website
Axis Long Term Equity Fund
Mirae Asset Emerging Blueship fund
Franklin India Prima Plus(g)
Franklin smaller companies (or) SBI small and mid cap (or) DSB blackrock
Currently i m in 10% Tax slab
Request your opinion on this
Thanks and Regards
For Debt portfolio i planned to go for EPF.
Returns in mid and small caps are more ( even long run for past 5 years) so i thought of going for these funds. Is there any specific reason that we should add Large cap in our portfolio?
For debt you can use EPF, no harm in that. But small and mid cap may showing BEST returns…but are equally volatile in nature. Large cap will give you stability and less volatile in nature. Hence, I suggest to include it.