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)
Shakal
Stealth
4 months ago
Quant Momentum Fund.. But, please do your own research..
See more comments
I would suggest to allocate 50k in 3-5 funds.
Also to be invested in funds of different AMCs.
My suggestion is
Nippon mid cap 150 index fund - 10k
Navi nifty next 50 index fund - 10k
Sundaram services fund - 10k
ICICI prudential infrastructure fund - 10K
Quant momentum/active/small cap - 10k
This has 2 index funds, 1 small cap, 2 thematic funds
Risk - high
Investment Horizon - more than 10 years at least, however I would suggest not to redeem unless it's extremely necessary to break these funds.
Suggested as per your risk appetite.
PS: I'm also invested in these funds.
Anything in particular you want to know, you can ask here.
FunkySaint
Stealth
4 months ago
Following