So I am 28 and have decided to retire by 48…..hopefully….I am planning to invest through SIP on the following.. plz comment whether its okay, good or poor or if any suggestion i will be grateful.
1. HDFC Top 200 : 1000 rs
2. DSP BR Small & Mid Cap: 1000 rs
3. HDFC Tax Saver 1000 rs
4. SBI Magnum Contra 1000 rs
5. Sundaram Select Midcap – Regular Plan (G) 1000 rs
6. PPF(provident fund….at 8.6% flat) 3000
I have gone for multiple funds to lower down the risk, as even if 2 or 3 of them fail but the rest give a desired 20-25% return, i will be close to a crore.
Pls advice if any correction can be made to the above.
Have a nice day