@optionanalyst1 i would rather hook them up to max investment and I have personally seen the benefits. i advocate people to go all in. Anyways it's removable when needed. People generate enormous amount of wealth within short period and become independent easily
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@optionanalyst1 instead the advise should be to invest as much as 30% of income which will get much higher wealth generation. And you get 1cr within 10years while you can withdraw for some good purpose on the way. I have done that and already in that club while have withdrawn qui...
Value of 1cr will not be anything after 25 years.
Yes add axis bluechip and HDFC flexicap
Researching and finding mutual funds is an elaborate task. The fund advice is given after understanding the investors profile, risk capacity, monthly savings, horizon, amount looking for, near term expenses etc.
If you want to invest for funds after 5 years then start investing ...
Parag parikh is no more lucrative since the % of global exposure has come down drastically
NPS as per me is not much use. It gives below average returns than many MFs. I personally do not invest in it. Short term benefits of tax are lucrative but I can't be locked in for longer.
Keep investing 30% of your income for next 10 years religiously and you will see very good...