I am 40 years old.
I am investing in mutual funds for my two daughters's studies (now in Class 6), their marriage and for our retirement at the age of 60.
I have been investing in these mutual funds for the past two years.
Company | Plan Type | Price |
Kotak Flexicap Fund | Direct Plan (Growth) | Rs 5,000 |
SBI Blue Chip Fund | Direct Plan (Growth) | Rs 5,000 |
Aditya Birla Sun Life Frontline Equity Fund | Direct Plan (Growth) | Rs 5,000 |
Aditya Birla Sun Life Frontline Equity Fund | Direct Plan (Growth) | Rs 5,000 |
SBI Flexi Cap Fund | Direct Plan (Growth) | Rs 5,000 |
HDFC Small Cap Fund | Direct Plan (Growth) | Rs 5,000 |
Axis Midcap Fund | Direct Plan (Growth) | Rs 5,000 |
Last month, I have started these two funds.
1. DSP US Flexible Equity Fund, Direct Plan (Growth) -- Rs 2,500
2. Edelweiss Greater China Equity Offshore Fund, Direct Plan (Growth) -- Rs 2,500
Are my fund choices good for the investment period of 10-15 years to meet my requirements?