Seeking Suggestions for Monthly SIP of ₹7000 at Age 25

[rohit_]

Read the welcome message and start working on that.. It will help in long term

Okay Again Thanks

 

[sri_cc]

Lost opportunity for first 2-3 years
At least learned my mistakes though. Now it is going good.

It is always better to lose and learn when capital is very less than at later stages when capital is high and mistakes can be deadly!
Anyways, more power to you & your investing journey.

 

[sri_cc]

Hello,
I am 25 years old and planning to start a monthly SIP of ₹7000. I have chosen the following allocation and would appreciate your suggestions on whether this is a good strategy or if any changes are needed:

Parag Parikh Flexi Cap Fund: 2,500 INR (35.71%)
Mirae Asset Mid Cap Fund: 1,750 INR (25%)
Quant Small Cap Fund: 1,000 INR (14.29%)
UTI Nifty Index Fund: 1,000 INR (14.29%)
SBI Contra Fund: 750 INR (10.71%)

Looking forward to your valuable feedback and suggestions!
Thank you!

I would suggest to go through these chapters in varsity before doing this - 1, 7, 11, 14
later - 8, 9, 12

Modules – Varsity by Zerodha

zerodha.com