Recommend Aggressive or moderate risk appetite.
Markets are really stretched in terms of valuations. I suggest this sort of a split for lumpsum right now:
A good multi-asset fund (this will shield you from drawdowns) - I like ICICI Prudential Multi Asset
Parag Parikh Flexicap - This would invest in foreign equities as well, again diversifying and not just sticking to overvalued India
NIFTYBEES or other Nifty ETF - Prefer something like this over a midcap/smallcap fund at the moment. Large caps are not as overstretched as these guys are.
I would invest 1/3rd in each
Any Index Fund.
I am no expert, I don't think this is the right time to invest a lump sum amount. Markets are crazy high right now. I would recommend either going for a safer investment, or waiting for the market to normalise. Or best, start an SIP.
My friends and I plan to pool money to subscribe to an advisory service. Let me know if you are interested.
Asking for your recommendation on investing in mutual funds . Aggressive in. Nature
Current mf portfolio (total invested = 10L) : Axis small cap Quant absolute Hdfc equity savings Axis blue chip Sbi gold (just started)
Top performers are axis small cap and quant; also running an sip on them
Current stocks (1.3L ): Mos...
