Portfolio looks very goodYou can proceed with the following funds for monthly sip for long term Allocation: index -20%Mid cap -30%Small cap -30%Flexi -20%If required you can add 10 more percent in mid/small by decreasing 5% in index and flexi
Try to do sip in mutual funds for long term Divide 3000 into 3 equal parts and invest in large, mid and small caps If possible try to step up it 5-10% every year Remember this is for long term ingesting
@sumacm there are few parameters to select an fund consistent returns over a period of time AUM and AMC's history sharpe ratio, expense ratio alpha, beta and standard deviationwith these all parameters combined you can select a fund which suits you according to your investme...
divide amount into 3 parts and Invest in 3 MF'slarger cap mid cap small cap risk and reward will be equally balanced and if any amount remains try to add one flexicap / multicap