What is the right mix of funds if I want to retire early?1 min read . Updated: 17 Feb 2022, 06:19 AM IST
Consult a financial planner and plan accordingly
I am 32 and married with one baby girl (1.5 years old). I am investing in mutual funds (MFs) since last four years and has a very handsome gain of more than 25% in my overall portfolio. My goal is to retire early and become financially free by 2034-35. This is the break up of my portfolio: Nippon India Smallcap Fund- ₹5k, SBI Smallcap Fund- ₹5k, SBI Focused Fund- ₹5k, Axis midcap Fund- ₹10k, Axis LT equity Fund- ₹10k, PPFAS Flexicap Fund- ₹10k, Mirae Asset Emerging Bluechip Fund- ₹2.5k. Do you think this is the right mix of funds to achieve my goal and do I need to add an index fund (preferably UTI Nifty 200 momentum 30 index fund) in my portfolio? I have no loans of any type.
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