Hello all!
I am a salaried individual with net monthly take home pay of 55K month. I have recently received around 6L which I would like to invest. I am not aggressive by nature and would like to protect my capital. I will be happy with 20% annual returns. How can I distribute these funds? After my monthly payouts which include LIC, Mediclaim, SIP, personal expenses,etc I have around 11K every month to invest. I currently have SIPs of 5000/- with HDFC Top 200 (2000), ICICI Discovery (2000), ICICI Focused Equity (1000). I am thinking of putting some money in an SIP with IDFC Premier Equity (Growth). Please give me your inputs on (a) distribution of the 6L and (b) what to do with the balance 11K every month, another SIP or keep as cash in savings account for exigencies?
I am a salaried individual with net monthly take home pay of 55K month. I have recently received around 6L which I would like to invest. I am not aggressive by nature and would like to protect my capital. I will be happy with 20% annual returns. How can I distribute these funds? After my monthly payouts which include LIC, Mediclaim, SIP, personal expenses,etc I have around 11K every month to invest. I currently have SIPs of 5000/- with HDFC Top 200 (2000), ICICI Discovery (2000), ICICI Focused Equity (1000). I am thinking of putting some money in an SIP with IDFC Premier Equity (Growth). Please give me your inputs on (a) distribution of the 6L and (b) what to do with the balance 11K every month, another SIP or keep as cash in savings account for exigencies?
