I'm 24 and entered Market via SBI cards IPO 
last year.
My interest is only long term investment, after some research, i have selected below funds to be part of my portfolio. Can save up to 30K per month only for Mutual fund investment, and decided to start SIP in the same from this month May 5th - 10th.
Index funds:
- HDFC NIFTY 50. [3K]
- Motilal Oswal S&P 500. [3K]
Large Cap:
- Canara rob bluechip equity fund-reg(g) [7K]
Flexi Cap:
- Parag parikh flexi cap fund. [7K]
International funds:
- Franklin India feeder us opportunities fund [5K]
- Edelweiss greater china equity off-shore fund [5K]
I have used https://www.rupeevest.com/ as a screener and to check rolling returns of MF.
How good is My portfolio ? is above money allocation ok ? any red flags that i can't see?
I want to invest in EV themed fund, but could not find one. Smallcase is other option, but i am not able to understand its algorithm ?
below is a case:
- say i have shortlisted some 15 stocks to be part of my smallcase.
- 45K is one time starting money to buy each stock in smallcase, Higher one being 12K.
- I am interested to do SIP of 5K each month.
- on what basis does smallcase decided to buy stocks form that monthly 5K ?
- when it will buy the higher stock worth 12K ? I'm guessing, it will purchase other stock in higher amount and sell at next SIP and buy the higher one. but i do not have any proof for it.
last year.My interest is only long term investment, after some research, i have selected below funds to be part of my portfolio. Can save up to 30K per month only for Mutual fund investment, and decided to start SIP in the same from this month May 5th - 10th.
Index funds:
- HDFC NIFTY 50. [3K]
- Motilal Oswal S&P 500. [3K]
Large Cap:
- Canara rob bluechip equity fund-reg(g) [7K]
Flexi Cap:
- Parag parikh flexi cap fund. [7K]
International funds:
- Franklin India feeder us opportunities fund [5K]
- Edelweiss greater china equity off-shore fund [5K]
I have used https://www.rupeevest.com/ as a screener and to check rolling returns of MF.
How good is My portfolio ? is above money allocation ok ? any red flags that i can't see?
I want to invest in EV themed fund, but could not find one. Smallcase is other option, but i am not able to understand its algorithm ?
below is a case:
- say i have shortlisted some 15 stocks to be part of my smallcase.
- 45K is one time starting money to buy each stock in smallcase, Higher one being 12K.
- I am interested to do SIP of 5K each month.
- on what basis does smallcase decided to buy stocks form that monthly 5K ?
- when it will buy the higher stock worth 12K ? I'm guessing, it will purchase other stock in higher amount and sell at next SIP and buy the higher one. but i do not have any proof for it.