I had buy 4 Funds each of 1000/- per Month SIP
- Axis Long Term Equity Fund (G)
- BSL Top 100 Fund (G)
- UTI MNC Fund (G)
- Canara Robeco Emerging Equity Fund (G)
all are for 30 Years term…Kindly share your opinion regarding this fund is it Good or Bad?
further i am planning to buy 2 More fund so kindly Suggest for spam of 20 years…
Ajay-How you selected these funds? Also, where is your debt portfolio?
I have selected through my adviser….debt yet to add…want your opinion on said funds and debt…
Ajay-Invest in Axis fund if you need tax saving. Continue Birla, avoid UTI MNC (because sector specific) and instead of Canara Robeco, I suggest you to go with Franklin India Smaller Companies Fund. If your time horizon is 20 years, then include PPF as a debt category. Be in the ratio of 60:40 in equity:debt.
Thanks a lot for your valuable opinion… I want to open one more SIP for tax saving…kindly suggest apart from axis
Ajay-Why one more SIP? Why can’t in same Axis?