I am a 34 year old professional and have started investing since last 2-3 months in mutual funds. Below are the SIPs i am doing. My investment horizon is 15 years
Franklin India Ultra Short Bond Fund-Super Inst(G) 4000
ICICI Pru Long Term Plan(G) 4000
HDFC Balanced Fund(G) 3500
Mirae Asset Emerging Bluechip-Reg(G) 5000
Kotak Select Focus Fund(G) 4500
ICICI Pru Value Discovery Fund(G) 1500
Aditya Birla SL Top 100 Fund(G) 6500
Kindly suggest if the SIPs seems ok or should I rebalance them?
Also, I need to invest around 3 lakh rs in some debt fund for around 3-4 years. Also please suggest the debt fund where I can invest one time 3Lakh rs for 3-4 years.
Thanks for your responses in advance
What prompted you to doubt your own decision of 3-4 months old now? Where is your debt portfolio and what asset allocation you following?
Hi, I chose all these by reading different websites. I wanted to follow the approach of 30/70 debt equity ratio. but recently while reading few articles I was confused if the debt funds (first 2 plans in my list) are the right choices for 10 15 year horizon or are there better ones. these 2 plan are my only debt portfolio so wanted suggestions for investing 3 lk for 3-4years. Thanks for your response. really appreciate it.