I am 27, working male. Recently started investing in MFs. My portfolio contains:
- ABSL Tax Relief ’96 (SIP, Monthly – Rs.2500 and a 1 time lumpsum of Rs.25000)
- Axis Long Term Equity (SIP, Monthly – Rs.2500)
- Mirae Asset Emerging Bluechip (SIP, Monthly – Rs.5000)
As you see, there is no debt component yet. I have around 1.5L in a savings account. Need to build an emergency corpus of about 3L. No short term goals. 5+ years of investment horizon. Please suggest debt investments to build the emergency corpus and then to balance my equity exposure.