Hi this is Rudolf , i am 46 years old and want to build a portfolio of 2 crores
First of all, thank you for taking the time to review questions from viewers. I would be really grateful if you could review my investment portfolio. I invest 64,000 rupees every month in a direct mutual fund, and my plan is to continue this for the next 10 years. Thank you!
Previously, I used a broker for my investments, but now I have stopped using their services and kept those funds as they are .
Currently, I am investing in the following mutual funds through the Coin app:
ICICI Pru Bluechip - 12,000 rupees
Mirae Asset Emerging Bluechip - 4,000 rupees
Axis Mid-cap - 5,000 rupees
HDFC Mid-cap Opp - 5,000 rupees
Axis Small-cap - 6,500 rupees
Quant Active - 6,500 rupees
Parag Parikh Flexi-cap - 8,000 rupees
UTI Nifty 50 - 6,000 rupees
Navi Nasdaq - 6,000 rupees
Tata Digital Industries - 5,000 rupees
Ans: Please check the overlap ratio of each fund in your portfolio when you add. Lesser the overlap ratio is better. There is no meaning in buying the same underlying stocks through different funds. If you find it difficult to decide the overlap ration or allocation, you can consult with financial planner or a professional mutual fund distributor who will be able to suggest and review periodically.