Please evaluate my monthly equity SIP allocation and suggest any changes.
Monthly in-hand salary (after tax): ₹2.6 lakh
Age: 23
Monthly Mutual Fund SIP:
The rest of my salary goes towards expenses, FDs, NPS, P2P investments, etc. I am also accumulating wealth in short-term investment products for a down payment as I plan to invest in a house next year (for rental income). Not willing to withdraw from mutual funds at least for the next 6-7 years, maybe even 10 years.
Should I shift my mid-cap/small-cap SIPs rom Axis to Quant due to the hype around Quant AMC these days?
Which company are you working in??
You sir are going to become a millionaire by 50 🫡
2.6 lakh a month post tax 😵💫
Congratulations on the salary. You should be good with basic returns as your salary growth will be better than rest.
I think you can take but more risk and increase the small cap amount, and remove the midcap.
I also have similar take home, and expenses are way less, I invest only in quant small cap and ICICI nifty50
Bro which company you are working for??
In 10 years your portfolio should be close to 2.5cr but I recommend you remain invested for a few more years to exponentially grow the money (15 years - over 6 cr, 20 years - over 13 cr approx). In the game of investing time is the most important factor as compounding comes into play. Also you should put more of your money into a small cap fund like from quant or sbi and invest lesser in the index fund as you are young and can take better risks. Also try to diversify and invest in debt assets like bonds/high ROI FDs (via wint wealth maybe) or debt funds so that everything isn't only in equity. Also here's why you shouldn't invest in NPS - https://www.instagram.com/reel/C70vQeINfz-/?igsh=MWoxazdiN3c5dzllMg==
Canara rebaco fund is also best i got 110% return in 3 years
You can add SBI Smallcap Index250 in your current portfolio.
Hey there grapeviners, I am 23 year old software engineer who earns around 50k/ month. I have an equity portfolio of 55k (20% profit). I am thinking about starting a SIP but have no knowledge about good ones. Can some experienced folks s...
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)
Parag guys have AUM of 75K Crore have not performed well as compared to the hype. Time to move on from them. Let me know if your Parag Flexi MF is performing good.
What's the safest way of investing your money? I have tried the stock market but it's risky. Is investing in gold a better alternative?
I’ll go first.
What kind of investor are you? I am an opportunity investor, and I do buy good stocks whenever they are in reasonable valuations. Below are my monthly numbers.
Where’s the majority of your investment portfo...
