I am running 3 index Mutual fund with total SIP of 25k, since late 2020. I want broad market coverage on M-caps at a much lower expense ratios should be below 50 paise.
I have existing balance fund and a flexi cap fund and started new SIP in following index funds.
Current SIPs:
1. HDFC NIFTY 50 - Direct growth - Rs 12,000 monthly SIP
2. Motilal Oswal Midcap 150 - Rs 6,000 monthly SIP
3. Motilal Oswal smallcap 250 - Rs 6000 monthly SIP
I want to change my SIP distribution. I want to have a higher contribution to MO mid cap 150, thus I am thinking of reducing SIPs in
Nifty 50 by 2k, smallcap 250 by 2k, and adding to mid cap 150.
So new planned SIP distribution is thus:
1. HDFC NIFTY 50 - Direct growth – Rs 10,000 monthly SIP
2. Motilal Oswal Midcap 150 Rs 10,000 monthly SIP
3. Motilal Oswal smallcap 250 - Rs 5000 monthly SIP
Questions:
1. What is the ideal ratio for SIP distribution on basis of Market capitalisation, with an outlook of 10 years?