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Seeking Suggestions for Monthly SIP of ₹7000 at Age 25
- Thread starter rohit_
- Start date
because no one teaches them. Everyone tells how to make profit (which happens occasionally) and no one tells how to handle the loss.
By far the best resource on the internet.
First, go through this playlist. After that, I will provide some tools to research and compare various mutual funds.
In Debt category, Short Term Fund, Corporate Bond Fund and Banking and PSU funds can be good options to get returns similar to (or slightly better than) FD over a 3 year period. If you want to park your money for the short term, liquid funds are a good option. Dont go for long lerm options on debt funds (such as gilt etc) as for long term, you have equity funds.
Again keep your asset allocation aligned to your goals. For example if you are already investing in debt instruments such as PPF, FD etc there is no requirement to have debt funds in the portfolio. You can only keep equity funds.
All depends on goals and risk appetite.
vivdwive
TF Select
Hello Rohit, since you are quite young and trying to start with a decent amount of Rs.7k, I would suggest from the funds you are thinking , put -
3k in small cap fund
2k in mid cap fund
And
2k in the nifty index fund and you are good to go...
You should try to accumulate these with some lumpsumps in between and then diversify to others as u progress financially. Good luck
rohit_
TF Premier
Okay, Thanks
rohit_
TF Premier
Okay, Thanks
Mritunjay
TF Select
It's great that you've started investing! At this stage, don't worry too much about where you put your money. Just avoid investing in ULIPs (I did) or regular mutual funds. Your investments will really matter when your accumulated net worth is three times your annual income. Until then, focus on working on your core skill or business. I'm not saying you shouldn't invest right now, just to prioritize building your primary skills or business.
rohit_
TF Premier
Have you finished the whole playlist?
Respect++
Yep, I think you are good to go now.
Now with the learning check the MFs that you have mentioned.
Deep dive into their style of investing, Active/Passive, Tracking Error, alpha, beta, turnover ratio, peer comparison, overlap, performance, benchmark etc.
Use moneycontrol and value research.
metal_heart
TF Premier
Congratulations on the start of journey. As much as early start is important, staying discipline is even more.
However, for 7K you have selected too many funds. Start with Flexi cap & Index Fund, and later when you are ready to invest more; add diversity to it.
At one point of time I had almost 20 funds, now its just 5-6. So add more in lesser fund for better growth.
There would always be if & but. You could have started at 18/20/22/25. Don't fret much on that. I started investing at 27. If I look back now, i dont see that I should have started at say 22or25, but rather I see that I should probably have saved a bit more; may be that 2-3k extra.
but there is no end to the wishes.
Everyone is noob at some point of time. Capacity to take risk, is what makes that difference. I started when youtube was almost non-existent. I used to read/refer moneycontrol
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Yea no need to say thanks! Now you would probably understand why @Dragon_slayer suggested to invest in Nifty50Okay, bro. Once again, thanks for sharing the link to such an informative video.
