I have put the allotment as:
Large Cap:- HDFC Top 200 (1 Lakh)
Value based Fund:- UTI Dividend Yield (1 Lakh)
Balanced Fund:- HDFC Prudence (1 lakh)
Hybrid Asset Allocation:- FT Dynamic PE Ratio Fund of Funds (1 Lakh)
ICICI Fixed Deposit:- Rs 51,000
Saving Account:- Rs 49,000
All investments are one time investments in this month only as I had some spare moolah to invest so there was no point to hold on the money with me. Is investing Lump sum instead of SIPs a good strategy? If not what are the possible pitfalls?
Large Cap:- HDFC Top 200 (1 Lakh)
Value based Fund:- UTI Dividend Yield (1 Lakh)
Balanced Fund:- HDFC Prudence (1 lakh)
Hybrid Asset Allocation:- FT Dynamic PE Ratio Fund of Funds (1 Lakh)
ICICI Fixed Deposit:- Rs 51,000
Saving Account:- Rs 49,000
All investments are one time investments in this month only as I had some spare moolah to invest so there was no point to hold on the money with me. Is investing Lump sum instead of SIPs a good strategy? If not what are the possible pitfalls?