I'm 22 and new to investing with zero previous financial knowledge. I have built a portfolio from some advive from YT and asking few friends. I would like some advice/suggestions/criticism
I have approx 1L that is left after reducing all monthly expenses. I've thought of keeping 5% as spare cash and use the rest for investing. I've come up with a split: FD/RD: ~14% SGB: ~17% MF: ~39% (~9% small cap index,15% flexi cap, 15% nifty index) Direct stocks: ~15% Crypto: ~10%
Thought Process: I divided my portfolio into 3 parts based on goals/plans, part one was retirement/safety with minimal risks, part two was for moderate growth with controlled risks ,part three was for taking risks. Each lf these parts were a seperate portfolio and I took the weighted average of these 3 to create my final one. Idk what stocks or what crypto I'm going to invest in. I've assumed the stocks to be a little riskier than MF and yielding more possible returns and crypto to be basically a lottery(I'd put a thought/research in what I'm putting money into).
Again, do-not spend too much time optimising for diversification.
So don’t waste time trying to spend 5-6hrs everyday learning about all the investment thesis which won’t be effective if your corpus is very low.
I have done this mistake, please learn from mine.
Thanks, I'll keep this in mind.
Why do you need fd/rd when you already having some cash in hand and also low risky sgb? Also I don't see any midcap MF, maybe try that. I don't understand and invest in crypto so no idea but that 10% looks little too much to be. Just my 2 cents
Also, if you have very less or no responsibilities then go more aggressively
I need fd/rd for my emergency funds. SGB won't be very liquid because I want to hold it for the entirety of 8 years to get tax exemption.
Regarding midcap, Nifty 50 Index and Flexi Cap (by Parag Parikh, which is pretty much a large cap I think💀) would offset small cap index funds. The two above would give provide me stability and small cap would provide me growth. I have received some advice as to not have a lot of MFs as they are diversified assets in itself. So I tried to limit my MF count to 3. I can add a mid cap fund though if it makes sense.
Yes I've decided to reduce the crypto and stocks as I don't have any idea about it. I'll be investing a smaller amount to get the hang of it and then gradually increase it depending on if it works for me.
I don't have any responsibilities right now, how do you suggest I go more aggressive? Add more to a small cap maybe?
Age - 33 YOE - ~ 10 years in Marketing
Zero exposure to US stocks. Zero exposure to Crypto. Have a house (~45 lacs) for parents in a Tier 2 city which I haven’t added here. No liabilities (finished an education loan and a home loan)
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