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Growth With Time

With age on your side, invest in a growth portfolio that has around 80 per cent equity exposure…

I am 31 and want to invest Rs 10,000 a month though SIPs towards my retirement plan, please let know which funds I can invest in besides HDFC Top 200, DSPBR Top 100, Reliance Regular Saving Fund Equity and Reliance Growth in which I already have Rs 1,000 SIPs running.
—Shitanshu Kapadia

Fund   Category  Rating  3 Yrs ret (%)
BNP Paribas Bond Reg Deb: Income **** -
Fidelity Equity Eq: Large & Mid **** 15.41
HDFC Top 200 Eq: Large & Mid ***** 15.48
ICICI Pru Dynamic Eq: Large & Mid **** 12.92
Reliance Equity Opp Eq: Multi Cap ***** 21.18
Return as on September 21st, 2011, Rating as on August, 2011

Age is on your side and it gives you another 28-30 years to invest for your retirement. We suggest a growth portfolio of five funds with a combined equity exposure of 80 per cent. Invest Rs 2,000/month in each of the schemes. Discontinue your current investments. Keep monitoring to your portfolio in case you need to replace a fund in a category.



This article was originally published on September 22, 2011.

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