One interview, 1000+ job opportunities
Take a 10-min AI interview to qualify for numerous real jobs auto-matched to your profile 🔑
Boss 1.1Lac of SIP?! How much you make post tax every month?
Will recommend just one change - get out of Axis AMC and pick any other in the same league. Google to see why Axis AMC is not the right choice
One other approach I would suggest is to look at underlying stocks in the instrument. I fear you have a high overlap. 60%+ would be BFSI stocks, there would be very less consumer, infra. Second is pick index with less expense ratio so in your case I would do Nifty50 instead of Blue chip funds and cut down on exposure from it to add Mirae asset great consumer or infra theme
I'm stuck with an ELSS fund of 3 year lock-in by Axis AMC. What to do about it?
Bhai salary to bta apni, suspense mei maarega kya hmein
Tf how u afford this? What’s ur base ?
At the high level - Stick to your goals. Now since I don't know how much of your sip goes for which goal - frankly no one tell you if you should edit these sip amount.
On an individual equity fund level - think of these three things:
- Return Outperformance Consistency >= 70% over 3/4/5 Year span
- Downside Protection Consistency >= 70% over 3/4/5 Year span
- Upside Performance Consistency >= 70% over 3/4/5 Year span (Inspired from freefincal.com) If your funds have these characteristics - I would suggest to keep investing in them.
Instead of axis bluechip switch to nifty index fund
If the fundamental rationale of your investments still holds then continue to invest.
Else, get out.
But always remember, your portfolio appears to have some overlaps giving you exposure to the same asset again.
Also, this is fundamentally a long term game, time in the market >>>
So, it makes sense to stay put as long as you don’t need the money.
Thanks all for your replies. Few points I want to add here based on your comments
- I have investments outside the current SIPs. This post was to just know how do people think of my recurrent investments as SIPs
- I have PPF, FD and EPF also
- I also own some direct stocks 4. If I get one index fund, which fund should I stop investing?
- I am thinking of long term view for at least 5 to 10 years for the investments in the screenshot. Keeping this in mind is it good enough?
- Some of you suggested to come out of axis. This means I have to withdraw the complete amount, pay taxes and then reinvest in some other AMC. Is it a good idea as it incurs taxes also?
You have basically benefitted getting everyone’s responses and shared nothing about yourself / peoples questions. Not good community behavior. Upto others but I would rather not respond.
@Dr_Strange got all thr answers but didnt answer any
