I am investing in below funds for 15+ years of horizon. I already have life insurance and emergency fund, so that is not the concern. Please suggest\your views on my investments, if I need to shuffle any of the asset class or subclass.
Franklin India Prima Fund Growth Direct Plan – 10000 PM
Franklin India Smaller Companies Fund Growth Direct Plan – 5000 PM
ICICI Prudential Long Term Plan Growth Direct Plan – 7000 PM
SBI Magnum Gilt Fund Long Term Growth Direct Plan – 8000 PM
DSP Black Rock Small and Mid Cap Fund Growth Direct Plan – 5000 PM
ICICI Prudential Focused Bluechip Equity Fund – Direct Plan – Growth – 12000 PM
Manage asset allocation in 30:70 ratio between debt and equity. Looks debt risky. Restrict to Short term or Ultra Short Term Debt Funds.
Thanks Basu. Ratio as I see is 32:68 between debt:equity.
When you said debt risky, do you mean on the fund selection?