24, 14 lpa salary: sensible SIP split for long-term + marriage in 3-4 yrs?
24, software engineer in India, ₹14L/year fixed salary.
**Risk Appetite:** Moderate per the survey (45% equity / 45% fixed income / 10% gold). For my 10-15 year money I'm comfortable with about 75% equity and can handle 30-40% drawdowns while continuing SIPs. For my marriage money I want low risk.
**Goal:**
Marriage corpus of ₹15-20L, with capital protection
Long-term wealth creation
**Horizon:**
Marriage: 3-4 years
Long-term: 10-15+ years
**Allocation:** SIP is going to be ₹55k/month, rising every year. Screenshot attached. [attach]
- Kotak Arbitrage Fund: ₹15k (marriage)
- UTI Nifty 50 Index Fund: ₹24k
- Nippon India Nifty Midcap 150 Index Fund: ₹16k
All Direct Growth.
**App Used:** [Groww]
**Why These Funds:**
- Arbitrage is low-volatility, so a market crash right before the wedding won't hit the corpus, and it's taxed as equity.
- Nifty 50 index is a cheap, simple core with low tracking error.
- Midcap 150 index gives growth potential over 10-15 years without active-fund fees or manager risk.
- I chose index funds to avoid overlap and fund-manager changes.
Is the ₹15k marriage SIP enough for a ₹15-20L goal? Should I change any fund or the split?