I have 3 lakh to invest currently. I am planning to park this money to any debt fund and start STP from Liquid Fund to Equity Fund. Do you think if it a good idea. If yes can you please suggest me good debt and equity fund to set up this STP. I already have the below monthly SIP invested for 10 years:
HDFC Balanced Fund (G) – 2000
HDFC Mid-Cap Opportunities Fund(G) – 1500
ICICI Pru Focused BlueChip Eq Fund(G) – 1500
Then why this tedious act? Simply go and invest lump sum in equity and debt proportionally.
OK. I am planning to open the below SIP for 20 years. Please let me know if I can go ahead with this.
ICICI focused blue chip – 2000
Franklin smaller companies -2000
ICICI PRU Value discovery fund – 2000
Where is your debt portfolio and what asset allocation you opted between equity and debt?