Hi,
I am a 22 year old male and have started investing since September 2022. Till now, I have invested in a few mutual funds, one ETF, and SGB as well.
My question: Is my portfolio good enough? Is fund selection and SIP distribution good?
My goal is capital appreciation and I don't need this money in the long term or coming years.
My investments currently are :
1. Parag Parikh Flexi Cap (Direct) - 10k/month & lumpsum of 10 Lakhs initially
2. HDFC Index S&P BSE Sensex Direct Plan Growth - 5k/month & lumpsum of 5 Lakhs initially.
3. Tata Digital India Fund Direct Growth - 5k/month & lumpsum of 5 Lakhs initially.
4. SBI small cap fund - 5k/month
5. PGIM India Midcap Opportunities Fund Direct Growth - 5k/month
6. Quant Liquid fund Direct Plan Growth (emergency fund purposes) - lumpsum of 4 lakhs.
7. Mirae Asset NYSE FANG+ ETF - lumpsum of 5 lakhs.
8. Sovereign Gold Bonds (SGBAUG30) - Approximately 4 lakhs
Ans: Hello, Abhishek. Overall, your portfolio reports sound very promising. I must say that you have conducted thorough research on the market. Your current sip allocation is well aligned with market. Mirae Asset NYSE FANG+ ETF has major allocation in Global equity and its sector specific, you may be conservative while moving forward.
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