Currently I have invested around 3 lacs in mutual funds. This is my only investment. I have got around 30% return till now (started in 2022). Is it okay to continue investing in mutual funds or should I invest in equity funds like index funds, etfs etc
Why would it not be?
Every post I read regarding investment, it mentions about investing in both equity and mutual funds. And even on the net there is no info regarding only mf investments. Everyone talks about diversification but mfs are pretty much diversified enough. But even then no one talks about only mf investment. Is there something I am missing??
Dude, you need to understand that everyone is trying to sell to you. If you don't have time to learn or are making money already, why do you care about equity? Until you genuinely want to learn, I'd say use mfs only. Direct equity is not as easy as these finfluencers and bloggers have made it to be.
You can keep additional in bonds listed in Wint wealth. Some SGBs in secondary discount if the discount or time to maturity is favorable for you. Keep investing in MF as you have done till now. Patience is important in MF.
I started investing pretty late into MF's. Started with around 500-1000 rs per month around the covid period. I have stayed with those funds mostly equities. Till date have a decent XIRR of 30+ with around 20+% profit. (Dont even know wh...
A win in its own sense. I invest in mutual fund as well which is worth 27L but this is direct equity portfolio. AMA
If anyone need advise related to mutual funds then please comment.
You can ask about any equity, hybrid, debt, etc funds.