I am currently having SIP in following MFs:
Kindly advise if these MFs are ok and could be continued or need any changes in MF portfolio.
Also, how long should I hold it?
Also how much do I need to invest to get a profit of 50-60K yearly and in which MF should I invest?
EFGP-Axis Bluechip Fund - Regular Growth 3000
ICICI Prudential Corporate Bond Fund - Growth 2000
Kotak Corporate Bond Fund Standard Growth (Regular Plan) 2000
SBI Flexicap Fund - Regular Plan - Growth 2000
Ans: You may continue with 1, 2 & 3 and for 4
th either of the below can be considered
a) UTI Flexi Cap – Growth
b) Parag Parikh Flexi- Cap Growth