Hey! I have received 30k after completing a freelance project. Wanted to know where can I invest in? I have few mutual funds running like UTI Nifty, Parag Parikh, Aditya Birla Sun Life and Nippon Smallcap. I can distribute 30k between all these 4 mutual funds. Or I have also some 3 smallcases running and some shares of reliance and ITC. So, I can also invest this amount in these shares. What should be the best option?
Because i want to compound it whenever i get some extra money increase the total holdings whenever possible
Anyways never going to exit till next 3 years no matter what so adding little more whenever possible
Invest in your MFs
I did the same few days ago
Any particular reason you followed it?
Investing in 4 MF is like investing in the whole market, you will get almost same return as index funds ,thus you may invest in index fund instead of giving brokerage to 4 MFs
@Khalnayak i invest in mf through scripbox. Some long term mf I have direct funds.
Guys I have saved almost a lakh and want to invest this as a lumsum to an SIP kindly advise which fund to choose..or you guide me! any kind of suggestions will help.
Still new to this..
Thanks
Current mf portfolio (total invested = 10L) : Axis small cap Quant absolute Hdfc equity savings Axis blue chip Sbi gold (just started)
Top performers are axis small cap and quant; also running an sip on them
Current stocks (1.3L ): Mos...
