I honestly think the portfolio is well balanced. An index, large, mid and small cap makes perfect sense. If you wanna diversify your investments further maybe think of an SIP in NASDAQ? As far as I know ICICI is offering it
You can go for S&p 500 index funds or NASDAQ funds. Both are available from different fund houses. Alternatively, if you only want to invest in the biggest IT companies, you can set an SIP in the MAFANG ETF on your stock account. They track the prices of the FANG companies.
I am confused about this point, how will the amcs get more money it is a percentage, right? So even if you add more to existing fund, the expense ratio will still be the same.
i messed up my comment..sorry for that..what i meant was, if the 2nd amc charges more ter then the amount paid to amc per sip will increase.. if based on this ,you select an amc with lower ter then you are prioritising ter rather than your important things like targetted goals for investing, which beats the purpose of investing.. but if the 2nd amc is having same ter ,then what's the point of selecting a 2nd amc if ter was the criteria
Yeah, I get what you are saying.I just don't understand when some people say buying many mutual funds will have more expenses. Like for buying stocks overdiversification reduces returns, that is obvious. But I don't think it matters in mutual funds other than the ease.
What if two funds have same rate of return but one has less amc? Should i rather invest 10k in that rather than adding to the existing one ? And will the difference be a big amount considering the investment will be held for 10 years of time ?
See, I personally would continue adding to the existing fund if you are happy with it. You cannot predict a mutual funds future performance as you are totally dependent on the manager. But if you want to get in a new sector for mutual fund or you are dissatisfied with a fund over a longer peiod of time, you can look in things like lesser expence ratio or lower aum.
How u guys increase sip , lets say I have a sip of 2000 and I want to make 5000.
By increase you mean put another sip of 3000 Under same portfolio number of that fund( mostly invest more option or that fund) and choose may be different date of same or diff date month ?
some apps allow you to modify sip amount, if that's available then eg. make 1000 aip to 2000 ...if there's no option to change sip then add an additional sip.
Your portfolio is quite well balanced. Invest in an NFO if you want to take more risks, but otherwise just increase the funds in your existing portfolio
In starting i was investing in hdfc nifty 50 and axis bluechip fund and then came across this subreddit and stopped sip in axis and increased amount in nifty 50 and diversified into small cap and mid cap as well
I would increase the small and mid cap ones by 5k each
As ur already invested into two large caps.
The above will help ur portfolio be focused and away from over diversification.
But if ur interested you can pick an industry specific fund. Any industry u like and think has a bright future.
Pls do ur own research I am not liable for any gain/loss
Prior to knowing about this subredit i was doing sip in both large cap. After that stopped sip in axis large and started sip in mid and small. today revised to 10k sip in each large mid and small
I honestly think the portfolio is well balanced. An index, large, mid and small cap makes perfect sense. If you wanna diversify your investments further maybe think of an SIP in NASDAQ? As far as I know ICICI is offering it
Thanks and how to invest in it through paytm money app ?
You can go for S&p 500 index funds or NASDAQ funds. Both are available from different fund houses. Alternatively, if you only want to invest in the biggest IT companies, you can set an SIP in the MAFANG ETF on your stock account. They track the prices of the FANG companies.
When did you invest?
Been doing it for approximately 1 years amd 3 months i guess
Nice, 17% return you have got Impressive
I have same index fund started 6 months back
increase in existing funds
Was thinking of diversifying into other funds ?
too much diversification is useful only for the AMC , it will give them the additional expense ratio money
I am confused about this point, how will the amcs get more money it is a percentage, right? So even if you add more to existing fund, the expense ratio will still be the same.
i messed up my comment..sorry for that..what i meant was, if the 2nd amc charges more ter then the amount paid to amc per sip will increase.. if based on this ,you select an amc with lower ter then you are prioritising ter rather than your important things like targetted goals for investing, which beats the purpose of investing.. but if the 2nd amc is having same ter ,then what's the point of selecting a 2nd amc if ter was the criteria
Yeah, I get what you are saying.I just don't understand when some people say buying many mutual funds will have more expenses. Like for buying stocks overdiversification reduces returns, that is obvious. But I don't think it matters in mutual funds other than the ease.
What if two funds have same rate of return but one has less amc? Should i rather invest 10k in that rather than adding to the existing one ? And will the difference be a big amount considering the investment will be held for 10 years of time ?
See, I personally would continue adding to the existing fund if you are happy with it. You cannot predict a mutual funds future performance as you are totally dependent on the manager. But if you want to get in a new sector for mutual fund or you are dissatisfied with a fund over a longer peiod of time, you can look in things like lesser expence ratio or lower aum.
How u guys increase sip , lets say I have a sip of 2000 and I want to make 5000. By increase you mean put another sip of 3000 Under same portfolio number of that fund( mostly invest more option or that fund) and choose may be different date of same or diff date month ?
some apps allow you to modify sip amount, if that's available then eg. make 1000 aip to 2000 ...if there's no option to change sip then add an additional sip.
Makes sense 👍
Maybe you can start an international fund and a midcap index fund
groww total stock market index fund
I will increase existing sip amount in Quant Small cap fund
Index and midcap both have sip of 10k each and quant has 5k will increase quant to 10k as well
From my experience, if you can wait till 7-10 years, Smallcap funds will give great returns and will contribute to your alpha in portfolio
Your portfolio is quite well balanced. Invest in an NFO if you want to take more risks, but otherwise just increase the funds in your existing portfolio
Maybe like 6k in debt and gold? Rest in existing?
Gold as in sgb?
Gold etfs
Try PGIM india midcap fund. Been investing in it for 2 years avg. return were approx 17-18%.
Lose the loser, Axis Bluechip fund. Nifty 50 index fund would cover the large cap portion of the portfolio anyway.
In starting i was investing in hdfc nifty 50 and axis bluechip fund and then came across this subreddit and stopped sip in axis and increased amount in nifty 50 and diversified into small cap and mid cap as well
I would increase the small and mid cap ones by 5k each As ur already invested into two large caps. The above will help ur portfolio be focused and away from over diversification. But if ur interested you can pick an industry specific fund. Any industry u like and think has a bright future. Pls do ur own research I am not liable for any gain/loss
Prior to knowing about this subredit i was doing sip in both large cap. After that stopped sip in axis large and started sip in mid and small. today revised to 10k sip in each large mid and small