When you look at this market, everyone seems to be sharing PMS services for 50+ Lakhs
Any suggestions for companies that do this but for below 50, common people. Expecting somewhere around 5+.
Happy to see your recommendations!
Till you have 50L in equity don't veer off investing in a single Index fund + debt + gold. (My reco is 60/20/20).
Once you have 50L equity diversify across multicap tiers (mid / small cap) using smallcase / MFs.
Once you have 2 Cr in equity, think about a PMS. PMS is an expensive product - I don't think most people need it, but some subscribe to them chasing alphas.
Oh, so do you mean I should invest 30L in index fund, 10L in debt fund and 10L in gold first?
Is there a reason why so. Happy to know and maybe follow.
Build a sizeable low volatility high quality corpus first. 50L in a single index equity fund and proportionate investments in debt (epf/ppf/fd/etc) and gold (sgb/physical/etfs).
Diversification is pointless with a low corpus. Concentrated portfolios offer more control, superior risk mitigation and as a result better returns.
Most people start off with buying a handful of funds (a couple each of large / mid / small cap, some sector funds, some small cases, some flexicap, some international, elss for tax saving) that are not efficient on returns because you're spread too thin.
Not a full fledged fund management company, but if you need recommendations, there are several companies and apps for such smaller amounts, one I know- IndMoney app. You can check their paid version. Just a disclaimer:- I have never used their premium/paid version, but I just use the app as a free use version.
Check out PMS(s) performance against benchmark indexes :)
hey let's connect
here's my mail - postmanpolice1@gmail.com
I'm a 37-year-old IT gurl from Bangalore. I recently had a massive freak-out session because I realized my entire savings were locked up in fixed deposits (FDs). I felt like a complete fool. You know how FDs are; they don't even keep up ...
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Every month my salary gets credited I barely spend 20% of it the rest of it is just sitting around in my bank account it's already above 5L. I keep thinking of investing it in stocks/mf but it's a lot of work 😔
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Hookers and Coke, go enjoy life
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Park in cred mint or mobikwik xtra 50% in mf and 30 % in above
