Need mutual fund suggestions
Need mutual fund suggestions for SIP for 20 years.
Don't ask strangers for specific advice on critical life matters . They'll vanish and you'll be left with the baby.
Read books - Monica Halan's books are the easiest and most authoritative.
Consult a good CFP (financial planner) - they'll guide you on a comprehensive financial plan and help execute it. Will include risk, investments and asset diversification/allocation.
Congratulations on thinking of the long term. Thats one mental model that'll work well for you.
yesmonk
Stealth
a year ago
Thanks for the response. But I am not going to take any opinion blindly. This is part of my knowledge gathering and then I will do my research with these information as a base.
Product picks are not very important. They're vehicles to a goal.
The process of setting those goals, estimating risk to your capital as you crawl towards those goals, choosing the right assets that'll compound for the goal, rebalance asset allocation to ensure your portfolio is de-risked for market cycles - is the process you have to master. Best outsourced to a CFA.
If you understand your unique journey, whether you pick small caps, index, gold from fund house A B C is least important.
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Idk
Stealth
a year ago
https://www.indiainvestments.wiki/start-here/zero-to-investing/getting-started
Indusplateau
Stealth
a year ago
First timers invest in index, once you get confident diversify.
From: a Veteran who has double his savings in 8 years by investing imln Mutual funds
Would definitely recommend investing some portion in Nifty or Sensex index etf instead
If mutual funds is specifically your goal, HDFC Small Fund Cap, Kotak Emerging Equity Fund and HDFC Top 100 have been doing v well for me
yesmonk
Stealth
a year ago
Would it be better to diversify with some etf and the mutual funds you mentioned?
Yep, you can diversify basis how much risk you want to take on - because ultimately investing in etf and mutual funds are both forms of investing in the stock market
I have an SIP running for a nifty etf and these MFs. Majority of my investments are here
You can also diversify by investing in other asset classes altogether (for e.g., Debt funds or gold funds). These are considered less risky typically
I used Dezerv to create a diversified portfolio across equity, debt and gold etc. but yeah it's a small portion of my total portfolio right
yesmonk
Stealth
a year ago
How long have you been doing this for ? Any insights or tips? Also could you share the names ?
5 years, my big wins have been 1.8x on Nippon Small Cap, 1.5x on Axis Small Cap. SIP format largely
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yesmonk
Stealth
a year ago
Hey what's your overall with that portfolio distribution?
r/IndiaInvestments : has great source of material to read. Also you can join there discord and ask question there
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