Where should I invest in order to meet my long-term goals?2 min read . Updated: 09 Dec 2021, 06:41 AM IST
Investment planning is first about arithmetic and then about asset allocation and portfolio design
I’m 34 years old and married with a kid aged 6 years. I recently started investing in mutual funds. Every month, I invest ₹5,000 each in ABSL Flexicap and UTI Nifty Index Fund as well as ₹2,000 in Kotak Gold Fund. I don’t have any short-term goals. The long-term goals are the kid’s higher education and my retirement. I want to build a corpus of ₹5 crore for my retirement. Please review my investments. Do I have to make any changes?
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