Hi im a house wife. Im investing my savings in sip. 2000 in Bhadhan nifty 50 index fund, 2000 in UTI nifty 50 index fund, 2000 in Edelweiss nifty large midcap 250 imdex fund, 2000 in Nippon india index fund S&P BSE sensex direct fund, 3000 in parag parikh flexi cap, 2000 in quant small cap fund, 1000 in sbi contra, 2000 in tata digital india fund, anx 2000 in UTI transportation and logistics fund.
All these investments are started recently for long term. I have two daughters i would like to earn 6 cr. Is my mutual fund portifolia is good. I would like to invest in gold etf could you suggest some good option.
Ans: Your portfolio is diverse with exposure to different market segments. To enhance diversification, consider adding a gold ETF like Nippon India Gold ETF or HDFC Gold Fund. Aim for consistent contributions to meet your long-term goal of 6 crores. Review and rebalance your portfolio periodically to ensure alignment with your financial objectives and risk tolerance.