We take up viewer questions on lump sum investment in ELSS and mutual fund portfolio for short-, medium- and long-term goals.
Edited Highlights
1:18 Amit Belwal asks whether he can do STP in ELSS
1:42 You can invest a lump sum amount through STP
2:06 You can transfer the money from ELSS to another fund through STP after the lock-in period is over
2:24 STP in ELSS is great to supplement invest made in an ELSS through SIP
2:47 In SIP of ELSS, each instalment has a lock-in period of three years
3:59 After the lock-in period, it can be reinvested in an open-ended fund through STP
4:19 Mannoj Roy wants to create a mutual fund portfolio for his various short-, medium- and long-term goals. He wants to know how to go about it.
4:44 You need to go to a financial planner for an overall financial plan that will include your mutual fund investments
6:13 Opt for a debt fund for a three years goal, balanced fund for any goal 5-8 years away and equity funds for goals 8-10 years or more, away
