Im investing Mutual fund in SIP way
1. Bandhan nifty 50 index fund - 2000
2.. Hdfc mid cap opportunity fund - 1700
3. Canera rebaco small cap fund - 1500
Is this good diversification?
And I'm planning to invest flexcap or multicap fund another 2000 so in these two which one is better for long term?
And Rd best or debt fund for 1year tenure for SIP base
Ans: Your investment approach seems to have good diversification across different market segments, including large-cap, mid-cap, and small-cap funds. Adding a flexicap or multicap fund further enhances diversification, allowing for exposure to various market capitalizations. Both flexicap and multicap funds offer flexibility in asset allocation, making them suitable for long-term investment goals.
As for short-term investments, RDs and short term debt funs are ok. However, debt funds may offer slightly higher returns with relatively low risk compared to RDs. Assess your risk tolerance and investment goals before deciding between the two options.