Need investment advice
Hey all…I am looking to scale up my investments and would appreciate some guidance on structuring my portfolio. Currently, I am investing ₹5,000 monthly in a PPFC fund, but I plan to start a fresh SIP of ₹40,000 per month. I intend to increase this amount annually in line with my salary increments.
Here is a quick overview of my profile and goals
Risk Appetite: Moderate.
Investment Horizon: 8–10+ years (I am in no hurry to liquidate).
Primary Goal: Long-term wealth creation.
My Current Thinking on Allocation:
I am a bit confused by the options and want to ensure I build a balanced portfolio. I am considering a mix of Flexi Cap, Mid Cap, and Small Cap funds. I am also interested in exploring US-based funds (or other international opportunities) and adding a Gold fund for diversification. I currently use the Groww app for my investments.
Given my profile, could you help me suggest an ideal asset allocation strategy and recommend some specific mutual funds that would align with a 10-year horizon???