context: I am 19M currently doing engineering. I was instructed by my father to start sip l
these are the fund I have invested
icici prudential large cap 30%
hdfc mid cap fund 20%
quant small cap 15%
hdfc flexi cap 25%
UTI arbitrage fund 10%
I know that there will be overlap due to flexi cap but i still went with it because of better return. I included Arbitrage fund because I read it somewhere that it gives guaranteed low returns and is purely here to lower overall risk. I avoided debt fund due to 30% tax slab.
Any improvements that can be done?
For reference I checked alpha, 10y CAGR, expense ratio and about 5 more parameters before shortlisting these mfs