Define my portfolio Nidhi, 27 Dec 2013

I am 25 and want to invest 5000 every month for 5 years. There are lots of SIP's which makes it difficult for me to choose from. Kindly recommend 2 or 3 SIP to invest. I am already investing in PPF

Fintotal Answer

Dear Nidhi, For a term of 5 years i.e. medium term, balanced funds are best suited. You need just one balanced fund and not more than. Mutual fund itself is a diversified product and more funds lead to no further diversification. Choose any one fund from the list of the recommended funds at http://mutualfunds.fintotal.com/ and do SIP in it. 

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