Age - 33 YOE - ~ 10 years in Marketing
Zero exposure to US stocks. Zero exposure to Crypto. Have a house (~45 lacs) for parents in a Tier 2 city which I haven’t added here. No liabilities (finished an education loan and a home loan)
Recently started investing in NPS and will continue to do (~1.5 lpa) and accumulating SGB (~2.5 lacs, the screenshot doesn’t capture gold correctly) from the past 6 months.
Question - is there merit in talking money out of EPF and reinvesting in Mutual Funds? What is the general view.
Open to any other suggestions. TIA!
Wtf, is 70L in MF? Care to elaborate such high investment in which sectors?
25% BFSI
20% Industrials
15% Consumer Durables
10% Energy
Rest split across multiple sectors like healthcare, IT etc
If not MFs what constitutes most of your portfolio?
What was your return on mutual funds and stocks? Invested value vs Present value?
Portfolio looks great, will not suggest taking out money out of PF, it's good to have debt exposure as your portfolio is equity concentrated, by the time you retire, your PF and NPS can cover your retirement expenses.
PF can be withdrawn when you plan to buy a house for yourself, otherwise good to have it.
Interest on PF is tax exempt so that's like having a post tax return of 11%.
Thank you! Makes sense. I will most likely stay invested in NPS and PF.
Stocks = ~56% absolute returns MF = ~60% absolute returns, ~30% XIRR.
What are your favourite/most invested MFs?
Parag Parikh Flexi Cap has been a favourite for long
How do you handle the panic when nifty is 300 points down .
No panic :). The market always bounces back. Sit tight or buy more in case of liquidity.
Wait how much is your emergency fund and in your savings account besides this?
Not related but If anyone is looking to stake your crypto assets check out this exchange https://fintechcatalysts.com/u/signup?r=passiveman . You can join the group chat below: https://t.me/+nRdvoh-H0hU4ZjMx
Please review my portfolio.
Salary: 54K YOE: 1 Invest: 17K per Month
Emergency Fund: 1L (In Savings Account) MF + NIFTY + Gold: 1.85L EPF: 72K
Total NW: 3.57L
Need Suggestions!
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