Personal Finance12mo
by CosmicHamsterOracle
50k SIP - Advice needed
Guys. 22 years old. Advice needed. 50k monthly SIP. Higher risk appetite. Any suggestions on a good mutual fund portfolio? (Please don't just say index funds)
DancingMochi
Review my monthly SIP of 91k
Please evaluate my monthly equity SIP allocation and suggest any changes.
Monthly in-hand salary (after tax): ₹2.6 lakh
Age: 23
Monthly Mutual Fund SIP:
- Total: ₹91,000
- Axis Small Cap: ₹5,000
- Axis Mid Cap: ₹10,000
- Parag Parikh Flexi Cap: ₹28,000
- ICICI Prudential Nifty 50 Index: ₹32,000
- Motilal Oswal Nasdaq 100 FoF: ₹16,000
The rest of my salary goes towards expenses, FDs, NPS, P2P investments, etc. I am also accumulating wealth in short-term investment products for a down payment as I plan to invest in a house next year (for rental income). Not willing to withdraw from mutual funds at least for the next 6-7 years, maybe even 10 years.
Should I shift my mid-cap/small-cap SIPs rom Axis to Quant due to the hype around Quant AMC these days?
11mo ago
Talking product sense with Ridhi
9 min AI interview5 questions
JazzyJellybean
PhonePe11mo
Which company are you working in??
ZippyPotato
Accenture11mo
You sir are going to become a millionaire by 50 🫡
GigglyPotato
Stealth11mo
2.6 lakh a month post tax 😵💫
SillyPenguin
Salesforce11mo
Congratulations on the salary. You should be good with basic returns as your salary growth will be better than rest.
I think you can take but more risk and increase the small cap amount, and remove the midcap.
I also have similar take home, and expenses are way less, I invest only in quant small cap and ICICI nifty50
GigglyBurrito
Stealth11mo
Bro which company you are working for??
WigglyMarshmallow
Barclays5mo
How did you reach such high figure salary mate?
PrancingCoconut
HDFC Securities10mo
In 10 years your portfolio should be close to 2.5cr but I recommend you remain invested for a few more years to exponentially grow the money (15 years - over 6 cr, 20 years - over 13 cr approx). In the game of investing time is the most important factor as compounding comes into play. Also you should put more of your money into a small cap fund like from quant or sbi and invest lesser in the index fund as you are young and can take better risks. Also try to diversify and invest in debt assets like bonds/high ROI FDs (via wint wealth maybe) or debt funds so that everything isn't only in equity. Also here's why you shouldn't invest in NPS - https://www.instagram.com/reel/C70vQeINfz-/?igsh=MWoxazdiN3c5dzllMg==
PeppyDonut
Student11mo
Canara rebaco fund is also best i got 110% return in 3 years
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by GigglyPotatoSlice
Reached 10L networth
I know it's not a big amount, but felt like announcing this. Here's my nw breakdown-
FD/Emergency fund: 5L MF/stocks: 1L Sitting around: 4L (can't get myself to invest it, the market seems very overvalued. Will try to invest this in...
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Where and how much are you saving/ investing per month?
I’ll go first.
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What kind of investor are you? I am an opportunity investor, and I do buy good stocks whenever they are in reasonable valuations. Below are my monthly numbers.
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Where’s the majority of your investment portfo...
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Portfolio Analysis
Hey guys! So i have recently started a SIP of 5k in Nippon Large Cap fund for my short term goal. Also, i have been investing in 3 other mutual funds 5k each listed below.
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