Randomly google suggested me ur ask mf and read this page many times, today i have an question regarding my investments.
Mainly i am investing for my retirement but i want to spare something for my 2 daughter's marriages, but not able to decide how. I have created two folios myself without any knowledge, read google, watched youtube and started investing... First folio, all direct fund sips:
1. axis nifty 100 index-500
2. parag parikh flexi-1000
3. axis small cap-500
4. nippon small cap-500
5. icici midcap 150 index-500
6. icici nasdaq 100-100
7. icici technology-500
Total-4000rs
Second folio with wife id:
1. pgim india flexi cap-1000
2. axis small cap-1000
3. nippon small cap-1000
4. axis nifty 100 index-lumpsump only
Total 3000rs
Started from 500rs month and reached 7000 in 1.5years, have plan to step up sip by 5-10% every year now.
Sir, daughters age are 13 and 7. didnt know about sip and mf 2 years back, else i wud have done this from many years.
Kindly suggest me best for future.
Goals r daughters education (priority)
Daughters marriage (secondary)
Retirement (last but very imp.)