Should I do any changes in SIP?
Can someone please let me know if in the long term this investment portfolio would be good as I am 25 years old and have recently increased SIP to 20k per month.
I would be planning to increase it to 25k per month from March 2025 after my hike. So could you please help me to diversify my money. Should I invest in all equally or should I distribute it.
Experts over here can help me out. Any suggestions or recommendations would be highly appreciated.
What is your target/risk appetite? You need to distribute based on it. You have two funds investing in small cap. That can be risky. Also look into what these funds are investing into and ensure they do not overlap
I can take high risk appetite.. There's not any target though but mostly I would be doing an step up SIP every Year. This fund don't overlap.. Just initiated with index funds. If there are any recommendations which you would like to provide then it would be helpful
Initially I started with 3k every month and gradually increased it based on my salary
Thanks for sharing. Great to see you starting early. Appears you have just started of in Investing. Stop all SIP's in existing Funds. Switch to NiFty 500 Direct fund. Search for a fund which has high AUM and low expense. Stick to that until you can comfortably invest over 50K per month. Then move the delta amount over 50K to other thematic, strategy, etc. funds.
I can only invest 25k per month. So could you please help me accordingly as what your investment strategy is
What is your career level and package dude? Because I am also in accenture but can’t afford even more than 5K SIP/month 🥲😔