Need your advice on a monthly sip of 15 k f (investment horizon of 15 years) for my younger daughters post grad education.I was planning to invest 5 k each in a debt oriented fund (ICIC
pru long term growth), balanced fund (HDFC balanced fund) & a ELSS fund (Axis
long term equity fund)- assumption based on a return of 12 % post tax and hence a corpus of 65 - 70 lacs at the end of this invetsment
term of 15 yrs.Education inflation taken at 10 %.
Long term Large Cap MF for 10 yrs Birla sl frontline equity (G)-- 3000 Long term Mid Cap MF for 10 yrs Franklin Smaller Companies fund — 3000 Long Term Small Cap MF for 8 yrs Icici pru value discovery fund — 1500 UTI Mid-Cap — 1500 Long term Hybrid / Diversified for 8 yrs Tata Balanced Fund — 1000 Debt short term for investment Birla Sunlife MIP II Wealth 25 Plan (D)- SIP — 1000 Long term ELSS for 15 yrs Axis Long Term Equity - ELSS —
term Large Cap MF for 10 yrs Birla sl frontline
equity (G)-- 3000 Long term Mid Cap MF for 10 yrs Franklin Smaller Companies fund — 3000 Long Term Small Cap MF for 8 yrs Icici pru value discovery fund — 1500 UTI Mid-Cap — 1500 Long term Hybrid / Diversified for 8 yrs Tata Balanced Fund — 1000 Debt short term for investment Birla Sunlife MIP II Wealth 25 Plan (D)- SIP — 1000 Long term ELSS for 15 yrs Axis Long Term Equity - ELSS &mdash
equity (G)-- 3000
Long term Mid Cap MF for 10 yrs Franklin Smaller Companies fund — 3000 Long Term Small Cap MF for 8 yrs Icici pru value discovery fund — 1500 UTI Mid-Cap — 1500 Long term Hybrid / Diversified for 8 yrs Tata Balanced Fund — 1000 Debt short term for investment Birla Sunlife MIP II Wealth 25 Plan (D)- SIP — 1000 Long term ELSS for 15 yrs Axis Long Term Equity - ELSS —
term Mid Cap MF for 10 yrs Franklin Smaller Companies fund — 3000
Long Term Small Cap MF for 8 yrs Icici pru value discovery fund — 1500 UTI Mid-Cap — 1500 Long term Hybrid / Diversified for 8 yrs Tata Balanced Fund — 1000 Debt short term for investment Birla Sunlife MIP II Wealth 25 Plan (D)- SIP — 1000 Long term ELSS for 15 yrs Axis Long Term Equity - ELSS —
Term Small Cap MF for 8 yrs Icici
pru value discovery fund — 1500 UTI Mid-Cap — 1500
Long term Hybrid / Diversified for 8 yrs Tata Balanced Fund — 1000 Debt short term for investment Birla Sunlife MIP II Wealth 25 Plan (D)- SIP — 1000 Long term ELSS for 15 yrs Axis Long Term Equity - ELSS —
term Hybrid / Diversified for 8 yrs Tata Balanced Fund — 1000 Debt short
term for investment Birla Sunlife MIP II Wealth 25 Plan (D)- SIP — 1000 Long term ELSS for 15 yrs Axis Long Term Equity - ELSS —
term for investment Birla Sunlife MIP II Wealth 25 Plan (D)- SIP — 1000
Long term ELSS for 15 yrs Axis Long Term Equity - ELSS —
term ELSS for 15 yrs Axis
Long Term Equity - ELSS —
Term Equity - ELSS &mdash
Equity - ELSS — 1000
Long Term: 10 yrs: Large Cap Icici
pru focused bluechip eqty 3000Rs (Via STP from a Liquid Fund) birla sl frontline
equity (G) 3000Rs (Via Direct SIP)
Please let me know if my portfolio is gud or anything needs to be changed 1) Axis
long term equity ELSS 3k per month 2) Franklin
long term equity 3k per month 3) DSP Blackrock micro chip 2k per month 4) ICICI
pru value discovery 2k per month 5) Birla sunlife frontline
equity 2k per month 6) Tata Balanced fund 2k per month I know 1 & 2 are overlapping after reading your blogs.Please let me know how to improve my portfolio.If anything i need to add or remove from my portfolio.