WobblyCupcake
Please review MF SIPs
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
3mo ago1.8K1.8K views
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SwirlyMochi
Stealth3mo
Too scattered, rebalance and consolidate
Keep 3-4 MF with 75K SIP for better results in long term
WobblyCupcake
Result will be same, right? Only hassle will be more if too scattered no?
SwirlyMochi
Stealth3mo
Not really - atm lot of funds will have stock overlap so basically you will be investing different value in same stock through different MFs
ZoomyNarwhal
Deloitte3mo
Everything looks similar, check holdings for your above 7 MF, I’m guessing hard that it’ll have mostly same holdings. What’s the point in investing then in 7 different MF.
Buy 4-5 MF best in its category
This is my recommendation, you can divide your 75k based on your risk appetite.
- 1 index nifty 50 - any
- 1 mid cap - Motilal Oswal
- 1 flexi cap - ppfas
- 1 small cap - nippon/quant
- 1 tax saver - quant
SnoozyWaffle
INDMoney3mo
Bro these are too many MFs to have. MF already means diversification. 10 MFs mean it is over-diversification. Almost all funds in a category have same company's to 60%. Remaining is dead weight. Try to consolidate 3&4, 8&9, 1&4. Ideal number of MFs is 4. My 2 cents.
WobblyCupcake
Yeah, I have it coz I fear what if the AMC go bankrupt? And have index and active funds separate coz , I saw in the past that there are many MFs which could not even beat benchmark.
SleepySushi
EY3mo
First for can be combined into 2 funds. Ideally Nifty 50 and next 50
Then one mid cap and one small cap
A total of 4 funds should cover the most of index
DancingNoodle
Q2 Holdings3mo
Too many overlaps of stocks, not a very good strategy
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