Whether My Financial Investment is on the right track ?


I am a government employee. My wife is also working and together we bring home Rs 90,000 a month. I have an outstanding home loan of 16 lakhs, which I intend to clear in five years. I invest around Rs 8500 a month in L & T value fund, Kotak Tax Saver and DSP through SIPs. My NPS contribution is Rs 10,000. Am I on the right track ?

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  1. You have not mentioned which DSP fund you are investing in. L & T value fund and kotak tax saver fund are good funds in their respective categories. If you have a long term investment horizon and considering foreseeable market condition.You can think of adding a small cap fund to your portfolio. Axis small cap fund or Kotak small cap fund are good options. Once your loan term is over, increase your existing SIP amount. Try to review your portfolio every year.

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