Fidility Investments
January 6th, 2008
Question: Dear Sir, I seek valuable advice on what other MF Schemes should I invest on SIP basis , considering that I?
Dear Sir,
I seek valuable advice on what other MF Schemes should I invest on SIP basis , considering that I need to accumulate Rs. 50Lacs ++ in span of next 10 years starting from Feb. 2010, ( not to withdraw any during the 10 years period), please advice what should be my mode of investment pattern in terms of Monthly investments, Schemes to continue, new ones to be added, Tenure, ROI expected, etc. (kindly suggest those schemes which do not over lap the schemes which I am already investing as mentioned below).
MUTUAL FUND INVESTMENT STARTED
AS ON DT. 28.01.2010.
.
RELIGARE PSU EQUITY, HDFC EQUITY GROWTH,HDFC PRUDENCE GROWTH, HDFC TOP
200 GROWTH, FIDILITY EQUITY GROWTH,HSBC EQUITY GROWTH
TOTAL SIP RS8500/PM.
Answer: Hi. I’m a Wealth Manager in Inference Wealth Management Services Pvt Ltd.
To start with, you need to invest Rs.21736/- every month for 10 yrs at 12% (which i can say MF can deliver) to reach your 50 Lakhs corpus. Now coming to the funds to invest in, you should look at what is the portfolio of a fund and make sure you have good diversified funds. Please do not invest in more than 5 funds and make sure they are all from different AMCs.
2009 Fidelity Investments Couples Retirement Study
Posted in 
Tags: