How many Mutual Funds do you invest in?

[LordVoldemort]

I personally never OVER-DIVERSIFIED my portfolio.
1. Parag Parekh Flexi Cap
2. ICICI Prudential Value Discovery

REASON:
1. See I am of the opinion that if you invest in mutual funds, let the fund manager have the freedom to choose the stocks of his/her choice. That’s why Flexi Cap.
2. The second thing which I always favoured is the fund manager. If the fund manager is good, give him/her the money, have trust and patience.
3. Exit is equally important as entry; therefore, have the plan for exit too. If your goals are achieved, exit, doesn't matter whether the market is.
4. If you over-diversify, it’s like you are investing in the entire stock market. Then it would be better to choose NIFTY or SENSEX.

SIP OPINION:
See, SIPs are good; they will average your returns, but they can also negatively impact your return too. It’s like a two-sided sword. I never prefer SIP, only since I have a relatively better understanding of the market, entry point, and exit point. For instance, since the last 1 year, I haven't invested a single rupee because of the valuation. I knew that the market adrenaline would have to cool down at a certain point.

But if you doesn't have much knowledge about market, go through SIP, it's best.

NOTE: You can only make huge money if you invest for a short time, like if you have invested in late 22 and exited at Sep 24, you would have made huge money from the market, but on the other hand, if you have a longer horizon, you would have been sitting at almost flat return in this period.

A SMALL SUGGESTION - ALWAYS KEEP CASH IN YOUR HAND TO INVEST AT THE TIME OF MARKET CORRECTION.

I had a similar thought process, but there is the amc concentration risk (What if the AMC gets bad or fraudelent). Post that, I started sticking on to the fund type (Flexi/ Mid) and then diversified across AMCs.
do have a thought there too.

 

[SJM]

I had a similar thought process, but there is the amc concentration risk (What if the AMC gets bad or fraudelent). Post that, I started sticking on to the fund type (Flexi/ Mid) and then diversified across AMCs.
do have a thought there too.

Good Point. I have 15 MFs for the same reason.

 

[RAMESH BABU N]

It appears I am the only odd-man out here.

I do not any investment in any MF. Absolute zero.

I invest in n trade a lot in the stock market directly. No agents, no RMs, n no MFs.

 

[fradela]

It appears I am the only odd-man out here.

I do not any investment in any MF. Absolute zero.

I invest in n trade a lot in the stock market directly. No agents, no RMs, n no MFs.

@RAMESH BABU N, Invest in MF is simpler than direct stocks.

No agent, no RMS, no Demat account, no tax on dividend, no need to monitor your portfolio everyday.

Invest DIRECT GROWTH option INDEX Mutal Funds such as Sensex or Nifty 50, Nifty Next 50.

 

[RAMESH BABU N]

@RAMESH BABU N, Invest in MF is simpler than direct stocks.

No agent, no RMS, no Demat account, no tax on dividend, no need to monitor your portfolio everyday.

Invest DIRECT GROWTH option INDEX Mutal Funds such as Sensex or Nifty 50, Nifty Next 50.

As a choice, I do not want my money in MF. I prefer to trade n participate directly in Stocks. Been trading since 1985.

I spend 2 hours daily reading n analysing the market.

Been extremely happy with this approach and the outcome.