A noob question mf and stocks for long term as on 2024

MF:

1. Parag Parekh flexi cap direct

2. Mirae asset large and mid cap direct

Stocks:

TATA POWER RIL PNB

Don't invest in stocks if you are new to stock market. Things can change very quickly for a stock (even bluechip ones) and unless you keep tracking the stock you won't know of it until the price has tanked. But if you still want to, invest an amount that you won't mind losing.

Regarding MFS, don't invest all at once. Put your money in a liquid or debt fund for now and withdraw around 25-50k each month and invest like a monthly SIP. If you see a 10-20 pcnt correction you can increase the monthly amount or put all of it. Regarding specific mfs, I'd recommend starting with a nifty index fund.

Wait for some time u will get good price

If you have a high risk profile

1. 1.5 L in large and mid cap
2. 25k SIP in small cap fund

If you have medium risk

1. HDFC Balanced advantage fund - 1L
2. Large and Midcap fund - 2 L

Over longterm both ETF and Mutual funds give the same returns.

I'd say invest in NIFTYBEES and JUNIORBEES as they have lower expense ratios.

There is nothing called as long term. Buying something for long term is like buying a wall clock because it will become an antique when it gets old.

Evaluate a company as on today. The people who say valuation is based on future earnings, they lied..

Index fund

I’m going heavy on PNB.

Nifty next 50