Mutual fund suggestion needed
I have these active investments as MF monthly SIP. The percentages are the percentage of money invested out of my total monthly investment. Any changes needed here?
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I don’t see any value in having mid/small caps from two fund houses. Check the overlaps using freely available tool.
Also, you should evaluate if your portfolio matches your risk profile. Too mid/small cap focused.
I am going aggressive. For very long term. I checked the overlapping, it is not much
I would recommend adding some large cap funds. My recommendation would be to go with some low cost index funds. I personally have Navi Nifty50 in my portfolio.
PPFC already has exposure to large cap companies. I am going aggressive hence not much large cap focused.
Remove both Axis ones. Replace them with other small and midcaps
Any reason to remove axis funds? I've heard a lot negative above axis nowadays. What is the reason?
I kept Axis ELSS for 4-5 yrs, tried them for two yrs tax benefit purpose, both the installments underperformed heavily its peers.
Then came Axis frauds where their MF fund managers were fined by Sebi (they did some malpractice in stock market).
Then I also tried Axis midcap sip for 1-2 yrs, it underperformed many of other midcap funds, that too in peak yr of 2021-2022, that was the end of it, I redeemed all my funds from there. For these 3 reasons, I advise everyone to stay off Axis.
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DaringTrain
Stealth
6 months ago
Change the direct plan to regular. To avoid any inconvenience, I will give you my referral id.
Do have a look at Mirae Great consumer fund
Very decent returns
DaringTrain
Stealth
6 months ago
So that I can make commissions. the second part of the comment is Gen
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If u r bullish about specific sectors, consider adding them. Like Pharma, Infra,… funds
Your portfolio is very heavily indexed on mid and small cap - definitely to bring in some large caps here.
SEBI also has recently warned that mid cap and small caps are very over valued, and funds may stop taking investments very soon.
nothing, this is already too many and spread too thin. Rather reduce this and concentrate on some or diversify
Whatsinthename
Stealth
6 months ago
Looks good but do remove Axis funds, quite many frauds in Axis and it has underperformed for me.
Ok I will remove, where do you suggest I should invest instead of these 2 axis funds?
StormKeeper
Stealth
6 months ago
Did you try ET Money or IND Money to check the ranking of the MFs? You can pick up suggestions based on that ranking.
You should invest in Mid, Large & Mid and Small Cap category. Contra is also a good category to invest in.
Try and put your funds in 2 funds in each category (due to different investment styles of fund houses)
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