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GoofyWalrus
GoofyWalrus
Stealth

Which mutual fund to invest lumpsum amount?

Recommend Aggressive or moderate risk appetite.

15mo ago
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FuzzyRaccoon
FuzzyRaccoon
Student15mo

Quant Mid Cap Sitting on 40%+ XIRR

SleepyPancake
SleepyPancake
Idk15mo

Since how much time?

QuirkyPenguin
QuirkyPenguin
Bloomberg15mo

Not the right time to invest in this at this point, especially if you are investing lumpsum.

QuirkyPenguin
QuirkyPenguin
Bloomberg15mo

Markets are really stretched in terms of valuations. I suggest this sort of a split for lumpsum right now:

  1. A good multi-asset fund (this will shield you from drawdowns) - I like ICICI Prudential Multi Asset

  2. Parag Parikh Flexicap - This would invest in foreign equities as well, again diversifying and not just sticking to overvalued India

  3. NIFTYBEES or other Nifty ETF - Prefer something like this over a midcap/smallcap fund at the moment. Large caps are not as overstretched as these guys are.

I would invest 1/3rd in each

DizzyHamster
DizzyHamster
Stealth15mo

Any Index Fund.

ZoomyPotato
ZoomyPotato
Stealth15mo

I am no expert, I don't think this is the right time to invest a lump sum amount. Markets are crazy high right now. I would recommend either going for a safer investment, or waiting for the market to normalise. Or best, start an SIP.

JazzyBoba
JazzyBoba
Adobe15mo

My friends and I plan to pool money to subscribe to an advisory service. Let me know if you are interested.

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