Hi Vivek...I am new in MF investment and has started SIP 8 months back. I am having target of investing for next 20 years. After self study of MFs, i have selected following funds for monthly SIPs. Please guide me if i need to add/delete or replace any fund from this list.
UTI Nifty 50 Index Fund Rs 1000
Nippon India Small Cap Fund Rs7500
TATA digital india fund direct Rs3000
HDFC Multicap fund Rs 2000
HDFC Midcap oppturnities Rs 2000
Thanks
Satwinder Singh
Ans: Hello, good to know that you are investing in equities through mutual funds
Assuming you are below 35yrs, you can do the following :
Small cap - 25%
Mid cap - 25%
Multi cap - 25%
Thematic funds - 10%
Emergency funds ( assuming you have no FD's or other debt investments ) - 15%
Please note that these suggestions are based on your stated goals and the information you provided. It is always a good idea to consult with a financial advisor in person to better understand your risk tolerance, time horizon, and specific financial goals.