Investing tips?
When you look at this market, everyone seems to be sharing PMS services for 50+ Lakhs Any suggestions for companies that do this but for below 50, common people. Expecting somewhere around 5+. Happy to see your recommendations!
Shawnmendes
Stealth
a year ago
And what in that?
Pick some portfolios as per your goals and risk appetite. You can also talk to Alok on Twitter.
Not a full fledged fund management company, but if you need recommendations, there are several companies and apps for such smaller amounts, one I know- IndMoney app. You can check their paid version. Just a disclaimer:- I have never used their premium/paid version, but I just use the app as a free use version.
Till you have 50L in equity don't veer off investing in a single Index fund + debt + gold. (My reco is 60/20/20).
Once you have 50L equity diversify across multicap tiers (mid / small cap) using smallcase / MFs.
Once you have 2 Cr in equity, think about a PMS. PMS is an expensive product - I don't think most people need it, but some subscribe to them chasing alphas.
Shawnmendes
Stealth
a year ago
Oh, so do you mean I should invest 30L in index fund, 10L in debt fund and 10L in gold first?
Is there a reason why so. Happy to know and maybe follow.
Build a sizeable low volatility high quality corpus first. 50L in a single index equity fund and proportionate investments in debt (epf/ppf/fd/etc) and gold (sgb/physical/etfs).
Diversification is pointless with a low corpus. Concentrated portfolios offer more control, superior risk mitigation and as a result better returns.
Most people start off with buying a handful of funds (a couple each of large / mid / small cap, some sector funds, some small cases, some flexicap, some international, elss for tax saving) that are not efficient on returns because you're spread too thin.
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