Purpose: Invest in this portfolio if you are a young parent and want to save for your kid's education. It is equity oriented portfolio with a time horizon of 10 years.
Ideal way of investing: SIP (systematic investment plan)
How much to invest: Find out how much money you will need - divide it by 250. Example: For 1 Cr in 10 years, start SIP of Rs 40,000 (assuming ~12% annual returns)
Ideal investment duration: 10+ years
Rationale: Since investment duration is 10+ years, it is primarily an equity portfolio. Diversified across multi-cap fund, large cap and balanced fund to keep it at moderate risk level. Chose Kotak Select Focus for multi-cap because it has the most consistent track record. Quantum Long Term Equity for Large Cap because it has lowest expense ratio in the category. For the Balanced fund, we chose ICICI Prudential Balanced Fund because of its track record of 10 years and better risk-adjusted returns.
|Min SIP Amount||₹3000|
|Min Lumpsum Amount||₹15000|
|Created||4 Apr 2017|
2nd Floor, Padmavati Complex,
Koramangala, Bengaluru 560095