Joy – At the age of 29 you are very clear about your goal & what you would like to achieve in your life. Having around 4 decades of experience, I would say it may be advantageous to you to restructure your portfolio to a great extent considering you are very young and you have atleast another 35 years of working life. I would suggest you to invest atleast 50% in equity, Real Estate may be 30%, Cash 10% and gold/silver may be 10%. Out of the 50% in equity, depending on the time available for you to handle direct equity investment, I would suggest 60% to be direct equity and 40% in mutual funds. Out of the equity investments, keep 60% in bluechip companies and balance 40% in mid cap companies. As regards mutual funds, keep 50% in mid cap funds and balance 50% in sectors like banking, consumer, defense etc. Hope this helps
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