Hi Basu, I have invested in following funds for mentioned year goals:
for 8year goal1 of 1110558: Tata balanced fund direct (G) – 8000
for 8 year goal2 of 2149017: ICICI prudential balanced fund (G) – 5000
For goal of 24 years: 9511771 SBI bluechip fund (G) – 5000
For goals of 26 years: 1663482 Kotak select focus fund (G) – 5000
For goals of 16, 18, 20 year combined of 30 lakh:
Franklin India Smaller Companies Fund – Direct – Growth – 5000
IDFC premier Equity – Regular (G) – 5000
Apart from this I am into PPF – yearly 60k also.
Please let me if this looks fine.
You defined goals with tenure. But you missed asset allocation. Also, wrong part is for each goal one new fund.
What asset allocation should i follow. And what way ideally i can reduce funds for these goals. Please provide some details on my example for me to understand
Let me know if u need this guidance to be given on your personal email.
I was waiting for your call last time but seems you are keeping busy. Let me know if we need to have a call or if this forum is enough to get this fine tuned