sir, i having enough insurance coverage thank you reply i having enough insurance coverage.as suggested by invest
equity oriented scheme like hdfc balanced und icici baned fund and tata balaced fund for 15 years..
In case, your investment time - frame is less than 5 years, suggest you not to consider investing in ELSS /
Equity oriented Schemes.
Reliance MF claims that this is the first Notified Retirement Fund that has
Equity oriented scheme.
Which are the best Balanced Mutual Funds (
equity oriented schemes)?
Can he afford to take risk by investing in
an equity oriented scheme?
Generally, the ideal ratio is 65 % in equities and 35 % in debt for
an equity oriented scheme.
The last category in
equity oriented schemes is Multi-cap which invest in all kind of equities with a significant allocation to large cap stocks.
Dear Sarath, You can create STPs (Systematic transfer plans) from liquid fund / debt funds to
equity oriented schemes.
Now, when it comes to mutual funds, we know that there are over 300 equity and
equity oriented schemes.
Assuming that these are
equity oriented scheme and I have calculated conservative interest it may go up in long term, secondly I have already gone through the phase when entry load and policy administration charges are more, so now most of my investments will go in buying units.
ELSS is
an equity oriented scheme with 65 % fund allocation in equities.