Please review my portfolio
50 year old and have started mutual funds investment recently.. so far i have invested most of my savings in FDs .i now want to invest some of it (20 lakhs) in next 10 years in Mutual funds SIP instead of putting them back in FDs. Majority of this will be in low risk index funds. I read some posts where they said there is overlap between next 50 and PPFlexi fund. Is this a concern? Any alternative to PP?
Investment Horizon - 5-7 yrs Risk - Low
50 year old and have started mutual funds investment recently.. so far i have invested most of my savings in FDs .i now want to invest some of it (20 lakhs) in next 10 years in Mutual funds SIP instead of putting them back in FDs. Majority of this will be in low risk index funds. I read some posts where they said there is overlap between next 50 and PPFlexi fund. Is this a concern? Any alternative to PP?
Investment Horizon - 5-7 yrs Risk - Low