Young investor looking to invest long term need advice.
So I’m 21 years of age, recently understood the importance of long term investing and power of compounding so decided to invest in mutual funds, my risk appetite is medium to high and investment horizon is min 20-30 years minimum. I shortlisted some funds that I have been investing in since last 8-9 months. Need a little advice and opinion if I’m going in the right way, if anything needs to be changed or it’s good. Total monthly amount is 15k.
Motilal Oswal Midcap
₹5,000
**33.33%**
Franklin India Opportunities
₹2,500
**16.67%**
DSP Nifty Next 50
₹2,500
**16.67%**
Nippon India Large Cap
₹2,000
**13.33%**
HDFC Flexi Cap
₹1,000
**6.67%**
Parag Parikh Flexi Cap
₹1,000
**6.67%**
Bandhan Small Cap
₹500
**3.33%**
Invesco India Smallcap
₹500
**3.33%**
**TOTAL**
**₹15,000**
**100%**