Hi sir im guna 26/m last 1year im investing in mutual funds started at 5k per month and now im at 20 k in these funds
Parag parik flexi cap 1000
Nippon small cap 500
SBI small cap 500
PGIM mid cap 1000
SBI contra 500
Quant ELSS & Mirae asset ELSS each 1000
Nippon index fund mix of Large,Mid,and small cap 15,000
Lumsum investment 50,000 In HDFC nifty 50 index fund
Im planning for long horizon of 15 to 20 years
Ans: Your commitment to long-term investing is commendable and reflects a forward-thinking approach to securing your financial future. By starting early and diversifying your portfolio across different asset classes and fund categories, you're laying a solid foundation for wealth creation over the next 15 to 20 years.
Remember, investing is a journey, not a sprint. Stay patient and disciplined, and resist the temptation to make impulsive decisions based on short-term market fluctuations. Instead, focus on the underlying fundamentals of your investments and the power of compounding to grow your wealth over time.
As you navigate the ups and downs of the market, continue to educate yourself, stay informed about economic trends, and periodically review your portfolio to ensure it remains aligned with your long-term goals.
With perseverance, prudent decision-making, and a well-diversified portfolio, you're well-positioned to achieve your financial aspirations and build a brighter future for yourself. Keep up the good work!