My investment is split like this:
Quant Active Fund: Rs 40,000
Parag Parikh Flexi Cap Fund: Rs 25,000
Navi Nifty50 Index Fund: Rs 25,000
PGIM India Midcap Opportunities Fund: Rs 20,000
Canara Robeco Small Cap Fund: Rs 20,000
Let us know if I can allocate better?
–Sajit Vinnakota
You are investing in a multi cap scheme, flexi cap scheme, large cap index scheme, mid cap scheme, and small cap scheme. It is not clear why you are investing in a large cap index scheme when you have stated that your risk appetite is very high or aggressive. Large cap schemes are typically recommended to conservative equity investors who want to grow wealth without exposing themselves to high risk and volatility. Similarly, flexi cap funds are recommended to moderate investors. If you have invested in these schemes with a proper allocation plan, you may continue with your investments. Otherwise, you should take a relook at these schemes. You are investing around 38% in these schemes. Compared to high risk options like multi cap schemes, mid cap schemes, small cap schemes, etc, these schemes may offer lower returns.
