Seen below is my current allocation in MF, I am investing in all these funds for a long term perspective of retirement. I am currently aged 41 and started investing last year when I was 40 with a time horizon of 20 years when I will be 60. Kindly advise if the funds as well as allocation is sufficient.
- UTI Nifty Next 50 Index Fund- 10000 p.m
- Nippon India Growth Fund- 8000 p.m
- ICICI Prudential Value Discovery Fund- 7000 p.m
I have not started an SIP because I believe I can manually track the NAVs and appropriately invest at the most opportune time in the month.
Awaiting your reply.