u/Beneficial-Key-1494

I’m looking for a review/sanity check of my long-term SIP portfolio allocation.

Context:

* Long-term horizon (15+ years)

* Goal is wealth creation with some diversification outside Indian equities

* Comfortable with volatility, but trying to avoid unnecessary overlap or overcomplication

* Most investments are via monthly SIPs

Current allocation:

Indian Equity

* Large Cap MF/Nifty 50 Index: 17.6%

* Mid Cap MF/Index: 17.6%

* Small Cap MF: 17.6%

International Equity

* iShares Core MSCI World UCITS ETF (IWDA): 11.4%

* iShares Core MSCI Emerging Markets IMI UCITS ETF (EIMI): 2.85%

* iShares Nasdaq 100 UCITS ETF (CNDX): 7.14%

Alternatives

* Gold ETFs: 11.4%

* InvIT: 7.14%

* REITs: 7.14%

Questions:

1. Is this portfolio unnecessarily over-diversified?
2. Are there major overlaps/redundancies I should eliminate?
3. Does the allocation towards Gold/REITs/InvITs make sense?
4. Should I simplify into fewer funds?
5. Any obvious blind spots or concentration risks?

I’m specifically interested in:

* Constructive criticism

* Risk-adjusted thinking

* Portfolio simplification ideas

* Long-term allocation logic

Not looking for “just buy Nifty 50” type replies unless backed by reasoning.

Would appreciate detailed feedback from experienced investors.

I’m looking for Indian cities/towns that are genuinely good for retirement and long-term quality of life.

Not looking for “happening” cities or high salaries. I care more about peace, order, civic sense, and day-to-day sanity.

Some of my criteria:

* Better traffic discipline and rule enforcement

* Lower “VIP culture” / political hooliganism/intimidation culture

* Less show-off culture (Fortuners/Thars/black Scorpios with fake power display, etc.)

* Better civic sense among residents

* Cleaner roads and public spaces

* Less chaos in markets and public areas

* Decent hospitals and emergency healthcare

* Good road & airport connectivity

* Less linguistic hostility/regionalism

I’m essentially looking for the closest thing India has to a calm, orderly, high-trust society.

Cities I’m already considering or hearing about often: Vadodara, Indore.

Would love brutally honest feedback, including negatives.

I wanted to share a recent experience with IndusInd Bank: partly as a cautionary tale, partly to show that RBI complaints actually work if you stick with it.

Background:
Last year, I applied for an IndusInd credit card. They rejected it and later told RBI that my CIBIL score was “-1” (which is obviously nonsense).
After escalation, the RBI directed them to pay ₹1,000 compensation.

Fast forward to Feb 2026: their relationship manager called me and convinced me to apply again, promising that “this time it will be handled properly.”

I applied for the Tiger Credit Card (0% forex), and guess what…

- Rejected again
- Same reason: “CIBIL -1”

For context, my actual CIBIL is 806.

Things that made it worse:

• RM pushed me to apply, then disappeared
• The bank later claimed “no executive was involved”
• Then, they said the application was “expired” and not "rejected"
• Then said “internal policy”
• Meanwhile, the relationship manager called me and offered me a ₹5 lakh pre-approved card (not the same variant which I applied for)

Basically, every reply contradicted the previous one.

What I did:

• Documented everything (emails, call logs, timestamps)
• Highlighted contradictions clearly
• Filed a complaint with RBI (CMS portal)
• Responded point-by-point when RBI asked

Final outcome:

The RBI Ombudsman ordered them to provide a point-wise reply or pay compensation. The bank still gave a generic reply, then they agreed to pay ₹5,000 in compensation.