Hi Gurus, being the only son to my parents how much percentage of my salary should be invested in Mutual funds for long term of 5 to 10 years. Not having any EMI's to be paid. Thank you!

Ans: Provided a little time frame and a huge target of education of your twins, we have very limited scope left. You should invest all these funds on monthly basis in growth oriented mutual funds. Indian growth-based mutual funds have a history of giving 14 per cent -16 per cent of CAGR annualised returns, and seeing the bright prospects of Indian economy probability is high that it will continue. This will give enough returns for starting the education of your twins for first 2-3 years. Further for higher education I will suggest you to keep this investment going in the same way till they end their graduation, which will give enough funds to keep their higher education in line.

Ans: You've set commendable financial goals, laying a strong foundation for your future and your son's. Given your monthly income and current investments, it's essential to strategize wisely for optimal growth.

Considering your long-term goals, a diversified approach is crucial. Start with an equity-heavy portfolio for the long-term goals, aiming for higher returns, while keeping a balanced approach for the medium-term goals like your son's education.

For your retirement corpus of 6 crores in 17 years, an equity-heavy allocation is advisable, as equities historically offer better returns over the long run. For your son's education and marriage, consider a balanced allocation between equity and debt to balance risk and return.

Remember, investing is a journey, not a destination. Regularly review and adjust your portfolio based on life changes, market conditions, and financial goals. A financial advisor can provide personalized guidance, ensuring you stay on the right path towards achieving your dreams. Happy investing!

Ans: Given your financial goals and current investments, here's a suggested approach to structure your mutual fund investments:

Retirement Corpus (6 Crores in 20 years):
Start SIPs in diversified equity mutual funds with a focus on long-term growth. Allocate a significant portion of your investments towards equity funds to harness their wealth-building potential over the long term. Consider a mix of large-cap, mid-cap, and multi-cap funds to diversify across market segments and manage risk effectively. Review and increase your SIP amounts periodically, considering your income growth and inflation.
Son's Higher Education (1 Crore in 15 years):
Allocate a portion of your mutual fund investments specifically towards your son's education goal. Since the timeframe is relatively shorter, consider a balanced approach with a mix of equity and debt funds to balance growth potential with capital preservation. Gradually shift towards debt-oriented funds as the goal approaches to safeguard against market volatility and ensure capital protection.
Son's Marriage (50 Lakhs in 20-25 years):
Similar to the education goal, allocate a portion of your investments towards your son's marriage goal. Since the timeframe is longer, you can afford a more aggressive approach with a higher allocation towards equity funds. As the goal approaches, gradually shift towards more conservative investments to protect the accumulated corpus.
Review and Rebalance:
Regularly review your mutual fund investments and rebalance your portfolio as needed to ensure alignment with your financial goals and risk tolerance. Consider consulting with a Certified Financial Planner to periodically reassess your goals, investment strategy, and progress towards achieving them.
Remember, investing is a long-term commitment, and staying disciplined, diversified, and focused on your goals is key to achieving financial success.

Ans: I cannot suggest with this limited information. I need to know the tenure, current investment values, goals, risk profile to evaluate your situation and recommend.