It is not advisable to have an aggressive MF portfolio for shorter time frame1 min read . Updated: 07 Nov 2019, 12:13 AM IST
- If you are going to be adding funds to your SIP, I would suggest that you bring in an ultra short-term bond fund or a savings (debt) fund into the mix to the extent of 20-30% of the allocation
- You may also bring in a diversified fund to provide more diversity to your holdings
I'm an investor with a moderate risk appetite. I have two financial goals—a short-term goal to create ₹2 lakh in 2.5 years and a mid-term goal to create ₹25 lakh in five years. I have been investing for the past one year in the following funds recommended by my friend. This is the current value of these funds—Edelweiss Mid Cap fund ( ₹30,000), SBI Equity Hybrid fund ( ₹30,000), IDFC Tax Saver fund ( ₹30,000) and Aditya Birla Tax Relief ‘96 ( ₹1 lakh). SIP of ₹10,000 is equally split between all the above four mutual funds. Do you think it is appropriate for my goals?
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