I am AJITH 29years-income Rs.300000/annum (my income will grow by 10-15% every year.) Have SIPS of Rs 2000 each in SBI gold fund, HDFC top 200, IDFC premier EQUITY & BIRLA SL dividend YIELD for 2 months(all growth OPTIONS). I will continue my SIPS for 25-35 years.
(have sufficient insurance-TERM,health,critical ILLNESS & accident). Saves additional Rs 8000 per month for short term GOALS
Will marry in 1 year & have separate fund for this
money from MUTUAL FUNDS will be used for . (1) buying home for 20lakhs in ten years. (2) CHILDRENS education & marriage (3) RETIREMENT @ 65YEARS . Will increase SIP in HDFC T200 to 4000 next year & increase all SIPS by 20% annually. Looking forward to join one more SIP Rs 2000 in a LARGE CAP fund (UTI DIVIDENT YIELD). Will join a tax saver MF next year.(not interested in shares) .
Please give your valuable suggestions on my portfolio is it well diversified is it ok to have 2 dividend yield funds please guide.
(have sufficient insurance-TERM,health,critical ILLNESS & accident). Saves additional Rs 8000 per month for short term GOALS
Will marry in 1 year & have separate fund for this
money from MUTUAL FUNDS will be used for . (1) buying home for 20lakhs in ten years. (2) CHILDRENS education & marriage (3) RETIREMENT @ 65YEARS . Will increase SIP in HDFC T200 to 4000 next year & increase all SIPS by 20% annually. Looking forward to join one more SIP Rs 2000 in a LARGE CAP fund (UTI DIVIDENT YIELD). Will join a tax saver MF next year.(not interested in shares) .
Please give your valuable suggestions on my portfolio is it well diversified is it ok to have 2 dividend yield funds please guide.
