Dear Basu,I am investing in below funds for 15+ years of horizon. Please suggest your views on my investments, if I need to shuffle any of this.
Axis Long Term Equity Fund (ELSS) Direct Growth Plan– 2000 PM Reliance Long Term Equity Fund (ELSS) Direct Growth Plan– 3000 PM ICICI Prudential Banking & Financial Services Fund : Direct Growth Plan– 2500 PM ICICI Prudential Balanced Fund : Direct Growth Plan– 2500 PM Mirae Asset Emerging Bluechip Fund : Direct Growth Plan– 1000 PM
HDFC Click 2 Protect plus – SA 50 Lac
LIC Jeevan Ananad – SA -5 Lac (running From 2011)
LIC Jeevan Saathi – SA-7 Lac (running from 2010)
Why so many funds? What asset allocation you are following?
the above is suggested by a friend ,who have some knowledge about financial planning knowledge.
Before further discussion, refer my blog post (not the fund name but the idea I shared over there) “Top 10 Best SIP Mutual Funds to invest in India in 2017“.