Portfolio Review | How am I doing as a 23M?
Please review my portfolio. Salary: 54K YOE: 1 Invest: 17K per Month Emergency Fund: 1L (In Savings Account) MF + NIFTY + Gold: 1.85L EPF: 72K Total NW: 3.57L Need Suggestions!
TalentWrangler
Stealth
3 months ago
I think you should also add SIP in large cap funds as well, your investment will be balanced. Rather using Zerodha or any broker for MF start using ET Money you will save a lot on your investment. Believe me.
Goodboiog
Stealth
3 months ago
Thanks for the suggestion. Will try out ET money.
TalentWrangler
Stealth
3 months ago
Also, it gives you summary and suggestions on your portfolio
Goodboiog
Stealth
3 months ago
Is the MF split correct? Or should I sell or buy something new? Any overlaps? Etc.
For overlaps - there are many online FREE tools which you can use.
There’s no correct/wrong split in the market, it all depends on your risk profile and patience during bad times. At the same time, I would say mid/small caps are bit frothy right now. You should look at PE valuations of these funds over the years. Also, when you have flexicap in portfolio, exposure to small/mid cap fund might not be best in times of volatility.
SillyRunning
Student
3 months ago
I see defensive mindset given your age, I'd suggest to take some additional risk and invest in large cap MF's given salary is coming, invest around 5-10k P.M in other MF's for a higher RPI
StormKeeper
Stealth
3 months ago
Take more risk. Exposure to only Quant funds, that too small cap, mid, active and flexi.
Use ind money for portfolio tracking and overlap. Etc.
Don't count EPF/PF as part of your NW. While it is your NW, it's better to look at liquid amount and consider that only as you are just 1 yoe. Regardless at 23Y 1yoe, you are doing good. Keep it up
