Portfolio review
Age: 23
Investment Goal: Wealth creation
Risk Appetite: Moderate
Investment Horizon: 10–15 years
Platform: Groww
Monthly SIP: ₹33,000
Allocation:
- PPFAS Flexi Cap – 35%
- HDFC Mid Cap Opportunities – 25%
- Bandhan Small Cap – 15%
- UTI Nifty 50 Index – 25%
Reasoning:
- PPFAS: Wanted a strong core flexi-cap fund with a value-oriented approach and some international diversification. Considered HDFC Flexi Cap too, but already taking HDFC exposure through the midcap fund.
- HDFC Mid Cap Opportunities: Preferred this over Motilal Oswal Midcap because it feels relatively more diversified and less momentum-driven.
- Bandhan Small Cap: Chose it because the same fund manager previously handled Nippon Small Cap, and the fund has been performing well in the small-cap space.
- UTI Nifty 50 Index: Wanted a simple passive allocation for stability and long-term compounding through India’s top companies.
Does this allocation look balanced for long-term wealth creation?