After meeting all my monthly expenses, I can set aside Rs20,000. Currently, I invest in an SIP of Rs2,500 in Mirae Assets Emerging Bluechip Fund. Scrips bought till date are: Aditya Birla Capital, Capital First Ltd, IDFC Bank Ltd and Steel Authority of India Limited. I need advice on how to deploy Rs20,000 every month, considering I want 50% of benefits at end of 3 years and the rest after 5 years.
—Sanjay Shamnani
Considering the fact that both your investment time-frames are relatively short-term in nature, I don’t think you can take too much risk with your SIP portfolio.
