Restarting SIPs, need advice on my split
Hi all. I have already invested about 2.5 lacs in Mutual Funds, but I did not really know what I was doing and bought a bunch of different ones.
Now I have started to read into it, and have stopped all my SIPs and starting afresh.
I am going to do SIPs worth 30k a month as of now.
1. PPFAS- 12K
2. MO Midcap/MO Midcap 150 index- 12k
3. Nippon/Bandhan Smallcap- 6k
I need help with the 2nd and 3rd options.
Very confused between Midcap vs Midcap 150, as I read a lot about how the Midcap 150 index is one of the most hard to beat indexes, and if I choose that, I would also have an index in my portfolio. Choosing MO Midcap would be for higher returns I guess.
Should I also add a nothee index und like nifty50/nn50?
For Nippon vs Bandhan, Bandhan has been much better in the previous 5 years, so leaning towards it a bit more.
Can also do splits here (3k-3k in Nippon and Bandhan each), not sure how helpful it would be.
I also invest 20k per month in a physical gold scheme, which I am doing for marriage purposes. After 2-3 years, will shift to gold ETFs.
Risk appetite- medium to high
Investment Horizon- Long term (15+ years)
Using Groww app.