I'm 38 years Govt. servent my SIP in 5k - DSPBR Micro Cap Fund, 4k Franklin India Smaller Companies Fund, 5k Axis Long Term Equity Fund, 2.5k Reliance Tax Saver Fund, 1.5k DSPBR Tax Saver Fund & BSL Tax Relief 96 lump sum 50k (25k in 2014, 24.9k in 2015). Is this investment good/better/best? Please reply?
Your mutual funds investments are in very good schemes and good fit for long term wealth creation. Our only suggestion is that, as you have invested in equity mutual funds, your investment horizon should be minimum 5 years.
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