Portfolio advice to a beginner

I'm 22 and new to investing with zero previous financial knowledge. I have built a portfolio from some advive from YT and asking few friends. I would like some advice/suggestions/criticism I have approx 1L that is left after reducing all monthly expenses. I've thought of keeping 5% as spare cash and use the rest for investing. I've come up with a split: FD/RD: ~14% SGB: ~17% MF: ~39% (~9% small cap index,15% flexi cap, 15% nifty index) Direct stocks: ~15% Crypto: ~10% Thought Process: I divided my portfolio into 3 parts based on goals/plans, part one was retirement/safety with minimal risks, part two was for moderate growth with controlled risks ,part three was for taking risks. Each lf these parts were a seperate portfolio and I took the weighted average of these 3 to create my final one. Idk what stocks or what crypto I'm going to invest in. I've assumed the stocks to be a little riskier than MF and yielding more possible returns and crypto to be basically a lottery(I'd put a thought/research in what I'm putting money into).

AcharyaPutra

Zensar

a month ago

Check finance with sharan you will get the best advice ,how exactly you can distribute your money.

boredcorporate

Others

a month ago

Wannabe_PM

Stealth

a month ago

No x 2

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boredcorporate

Others

a month ago

Again, do-not spend too much time optimising for diversification. 1. You will spend more time trying to optimise for changes which won’t even make a difference in your life 2. Index and some funds in fd for emergency. At 1 lakh keep majority in index mutual fund 3. Optimise for income. Learn about how you can increase your income, maybe a skill, maybe working harder, maybe an mba 4. Invest token amounts in stocks and crypto just to learn about these assets for now, not even more than 5% 5. You will only make money through savings/investments with either time or increased investments every year. So don’t waste time trying to spend 5-6hrs everyday learning about all the investment thesis which won’t be effective if your corpus is very low. I have done this mistake, please learn from mine.

WashingPowderNirma

Stealth

a month ago

Thanks, I'll keep this in mind. 1. I'm just planning out some basic framework rn, I would be just investing in the splits pre-decided splits and have some corrections in %invested every 5-6 months maybe so I'd be spending maybe a day in these 5-6 months to adjust the percentages back to the original. 3. I've started my job last month so I don't have a corpus ready as of now. I'll definitely be working towards increasing my income in the long run. I think even if I invest 12L a year, with some pre-decided % as of now into some sort of a portfolio I'll gain some exposure in most fields and decide what works for me. 4. I think this makes sense. Having such high percentages into assets I know nothing about is a bad idea. I should gain some exposure first and then increase these percentages from there. I don't think I have 5-6 hrs a day to learn😭😂 I'm usually working late but I think this is a topic discussed elsewhere. I usually just watch some YT videos while I'm having dinner, as infotainment.

KoolCoder

Credit Suisse Group

a month ago

Why do you need fd/rd when you already having some cash in hand and also low risky sgb? Also I don't see any midcap MF, maybe try that. I don't understand and invest in crypto so no idea but that 10% looks little too much to be. Just my 2 cents

KoolCoder

Credit Suisse Group

a month ago

Also, if you have very less or no responsibilities then go more aggressively

WashingPowderNirma

Stealth

a month ago

I need fd/rd for my emergency funds. SGB won't be very liquid because I want to hold it for the entirety of 8 years to get tax exemption. Regarding midcap, Nifty 50 Index and Flexi Cap (by Parag Parikh, which is pretty much a large cap I think💀) would offset small cap index funds. The two above would give provide me stability and small cap would provide me growth. I have received some advice as to not have a lot of MFs as they are diversified assets in itself. So I tried to limit my MF count to 3. I can add a mid cap fund though if it makes sense. Yes I've decided to reduce the crypto and stocks as I don't have any idea about it. I'll be investing a smaller amount to get the hang of it and then gradually increase it depending on if it works for me. I don't have any responsibilities right now, how do you suggest I go more aggressive? Add more to a small cap maybe?

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