I feel it comes down to diversification in the funds, you can go for a small cap, a mid cap and a large cap fund to spread it out. There are flexi cap offerings too.  
 I personally have 5 active Mutual Funds.

A lot of people do it. But never understood this sort of diversification in mutual funds.  
 Diversification works best when dealing with individual stocks. 
 I find, Mutual funds usually move in tandem. The % of movement varies but the direction remains the same.  
 Diversification between debt fund, hybrid and full equity works little better.

Consultant

Software Developer

How many mutual funds should I keep and what are these categories(like large cap, small cap, sector wise, us stocks, etc)?

Welcome to Personal Finance's Private Community

How many mutual funds should I keep?

Software Engineer

How many mutual funds should I keep?- Grapevine

It's been close to a year since I am earning a salary and this is what I do:
1. Invest a little less than 30% straight into MFs. I have three ongoing SIPs- small cap, flexicap and a Large + Midcap fund. (Planning to increase the amount further into these and not start a new sip)

2. Max out 80C by putting the entire limit in PPF, this is on top of what is by default deposited into EPF.

3. A little (inconsistently) into direct stocks as and when I find or get to know about a decent trade opportunity.

4. An LIC ULIP plan that my father made me subscribe to 🙂 (hopefully will end in a couple more years)

Tips from experienced folks will be much appreciated.😄

How do you invest your salary?

Backend engineer

Hello folks. While I'd like to remain anonymous very much, here's what I can share about myself.

1. Working in consumer finance.
2. Love personal finance and helping people out with it.
3. Have published 10,000+ pieces of financial content in the mainstream media.
4. Wrote a best-selling book on money management. It was No. 1 on Amazon once upon a time. 
5. Lately been appearing on TV regularly for personal finance discussions.
6. Saved like crazy through my 20s and 30s, brought two apartments; have an 8-figure net worth mostly thanks to my mutual fund investments. It's not much but it's hard-earned.
7. My unrealised aspiration is travel and I'm working on it now.

No, I'm not selling anything. No commissions, no referral links, no finfluencing. 

Just want to talk, exchange ideas, and learn from you all. Maybe I'll feature you in my next book. :)

Ask me anything.

Let's talk money habits.

Corporate Strategist

I don’t have much knowledge about investing, for now i have following investments

- 10 Lac in FD
- 5 Lac in stock where I have bought stocks of well known large cap company without any analysis assuming that it will grow in long term

Now I want to get serious about investment and want to do monthly SIP so seeking for suggestion on what I should do SIP ? For now I am thinking to do monthly SIP in Nifty 50

For now I have appetite to invest 25K per month.

Where to invest in India for long term ?

Can anyone suggest some good mid-cap and small- cap mutual funds to invest in?

My goal is to grow my money. I am fine with high risk ones as well.

Mutual funds

Mutual fund help- Please recommend some good performing Small Cap mutual funds or index funds? I am currently spread in Large and Midcap, but very little small cap

UX/UI designer

Which mutual funds are good for the long term (10+  years ) ?

Which mutual funds should I Invest in?

I've completed 1 year in my first job. I've tried saving and investing some money, help me decide what I can do better:

Income: 22LPA

PPF: 3 Lakh
EPF: 2 Lakh
MF: 5 Lakh
Saving Account: 4.5 Lakh

Income for new FY post increment: 29LPA

I did these savings based on some advice from my elder brother.

I'd like to spend more this year though, with some travel and going out more, maybe even purchase a scooty/bike and a PS5 😁 - would these expenses be justified?

Apart from improving my savings & investments and 
still being able to afford a few luxuries, I want to know if I should get any of these:

- Health Insurance - Only 5 Lakh cover from company for me and my parents (note - parents are getting old)
- Life Insurance - Do we really need it, I'm still 24?

1 year in first job, please help me assess and improve

DISCLAIMER - I have no intentions to become a finfluencer. These posts are just to trigger personal finance conversations as I see many noobs chasing small/mid caps without a fundamental understanding. 

*3 interesting parameters to select MFs!*

1. Standard Deviation - It reflects the range of returns from the investment amount. 10% SD on 1000 rs investment can return from 900 to 1100. Higher the SD, riskier the investment.

2. Beta - This reflects the downside of MF against the benchmark. Beta < 1, fund has better downside protection. If Beta > 1, fund might fall more if markets see a correction. 

3. Alpha - It reflects upside on fund when risk-adjusted against benchmark. Risk adjustment in easier terms can be absorbed as if benchmark index would have taken similar volatile stocks what would have been returns associated with it. To connect the dots, a fund can have higher positive returns with higher negative returns. Alpha will absorb downside and reflect upside after that. 

Exercise - Check the SD, Alpha, Beta of any two funds in the same category and share your learnings. 

For any category of funds (flexicap, small, large) these 3 parameters can be used for comparisons. Few more parameters are there but those can be explained later. 

Which factors you use while buying a Mutual Fund?  

Happy Weekend!

FriYaY Finance Fundae!

Product Manager

Hi everyone,
How do you guys decide mutual fund to invest in? Most people go by recommendation by friend or ca but if you want to do your own research it's still tough to decide. Tutorials online will narrow down 1000s of funds to couple of hundreds. How to decide after that? Or is there any other sip that I can starts like ETFs?

Data engineer

Hi all awesome people, I have been investing for 7 years now, since I started my job and below is the break down of my current SIPs:

Category	Fund	Amount
Small cap	Nippon India Small Cap Fund	15000
ELSS	Quant Tax Plan	7000
Flexi cap	Parag Parikh Flexi Cap Fund	20000
Index	ICICI Prudential Nifty Next 50 Index Fund	4000
Index	Nippon India Nifty Midcap 150 Index Fund	3000
Index	Nippon India ETF Nifty 50 BeES: Stock SIP	20000
Large & Mid cap	Mirae Asset Emerging Bluechip Fund	11000
Multi cap	Quant Active Fund	5000
Sector: Energy	DSP Natural Resources & New Energy Fund	5000
Sector: Energy	Tata Resources & Energy Fund	5000
Sector: Energy	Nippon India Power & Infra Fund	5000
Global	ICICI Prudential US Bluechip Equity	5000
Global	Navi NASDAQ 100 Fund of Fund	3000
Global	VOO-Vanguard S&P 500 ETF: Stock SIP	5000
Global	VWO-Vanguard FTSE Emerging Markets ETF: Stock SIP	5000
Sector: Precious Metal	Nippon India Gold Savings Fund	3000
Sector: Precious Metal	Aditya Birla Sun Life Silver ETF	4000
Sector: Tech	ICICI Prudential Technology Fund	5000
Value	ICICI Prudential Value Discovery Fund Growth	8000
Total		138000

I had alot of diversification and had multiple active SIPs in same categories, I tried cutting them down based on some analysis. I have few questions:

1. Am I over diversified? I have mostly 1 active SIP now in each sector.

2. Few of categories like multi cap have negligible allocation, should I remove them or allocate more?

3. I am betting heavy on energy please help me decide 1 fund from above 3.

4. I have stopped SIP in a bunch of funds but DID NOT sell them. How do I rebalance existing funds, do I sell and rebuy and pay the tax and load or just keep it?

I have other investments like emergency fund FD, liquid cash, gold and real estate. My only goal from MF is wealth creation and can with highly aggressive investment profile.

Thanks in advance people.

Help gauge my portfolio

The power of compounding really works! 
Started with a meagre salary of 4L/annum in 2018. But made sure to SIP 5K every month in Mutual Funds, and kept on increasing with career progression. This could’ve been more but I wasn’t able to regularly SIP during the two years of my masters I did after my first job. 

This may not be as much as the other tech dude bros out here sitting in CRs but this is a big milestone for me and all I’d like to say is SIP really does work and it’s all about being in the long run. Onwards and upwards only now 💪🏼💪🏼

Small Wins (2x’d my MF Portfolio)

Senior Consultant

I will complete 3 years as a professional soon. Quit a Big4 to join a startup for better pay and faster growth but despite putting in my best work and leading initiatives, going above and beyond all the time, my peers are all earning better than me doing similar jobs.

i never had a financially aware upbringing. my father put us through hell due to his bad decision making and despite me being very financially savvy, am unable to save any money because im so anxious I tend to spend what I dont have. i had to take up a lot of freelancing to aid my lifestyle but now im busy all the time and have no time to myself. 

idk what to do. idk how much savings my parents have since I live away from them and dad never discusses his larger financial plans with me. he also does not have a stable job even at his age even though I know he is v hardworking and does his best. i feel i will never have enough money to support my parents and myself and feel like im running out of time. also doing interviews to leave this shitty company as well which is lowballing tf out of me. im not sitting idle at all, trying to startup on the side as well. i workout, eat and sleep healthy, have a great social life. the only problem is money which im constantly worrying about. i feel its a generational curse passed down to me. I know I have 10x earning capabilities but its all so vague and uncertain. I have an amazing support system and I know I can talk to my friends about this too. just thought of coming here first

please share stories if youve ever felt this way. open to advice feedback ideas. how did you get out of it? what can I do? 

what are some business/sales roles that pay really well that I can get into as an ex-big4 analyst? i dont think my current profile translates well anywhere. f*ck this company honestly. probably the worst decision I made coming here :(

[rant] 24 year old anxious about his financial future

Marketing Associate

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)

50k SIP - Advice needed

Please take a look and let me know your thoughts for a medium risk taker.
ABSL Nifty50 index  -    5k
axis Nifty Next50     -    5k
ABSL Nifty  Next50     -    5k
canara bluechip -    5k

quant large and mid cap  -    7.5k
mirae large and mid cap -    7.5k
ppfas multi cap -    15k

nippon nifty mid150 - 10k
axis midcap  fund   -    10k
nippon smallcap fund    -    5k

-----------------------------------
total  -           75k

Please review MF SIPs

List of top 3 Mutual funds each (Small/Mid/Large/Flexi)

I want to start investing in mutual funds. I want to design my portfolio for the long term goals(15 years min). I was confused about what the mix of funds should be.  I can take risks now but I don't want my portfolio to be volatile as fuck. Like 15-16% returns with some diversification(5% or you suggest) in debt maybe. 

Can someone suggest what should be an ideal mix?

Thanks in advance
P.S. Upvote please even if you can't help as it will reach desired audience.

How many mutual funds should I keep?

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