I’m a 47-year-old working lady and most of my investments have been within the secure zone. I make investments ₹35,000 every month. I’ve now began investing about ₹9,000 a month in Bajaj Allianz Future Gain for a 20-year lock-in interval. I’m involved in exploring short-term investments for 3 to 5 years, 10 years, and 15 years to unfold the time durations and diversify danger. What can be the perfect portfolio on this case?
—Name withheld on request
Until not too long ago, you might have been investing solely in mounted revenue choices. You have now began investing in market-linked funding devices within the type of a Ulip. This is a optimistic step.
However, there are higher methods to deal with your market investments. You might begin a easy SIP in a portfolio with two funds. A low-cost index fund corresponding to UTI Nifty index fund and a hybrid fund corresponding to SBI Equity hybrid fund. This would provide you with an environment friendly option to handle your long-term investments the place you might have extra management and choices for liquidity (interim withdrawals at shorter time frames).
Srikanth Meenakshi is founder, Primeinvestor.in.
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