21 yo, (father is no more, starting sa ings from scratch) about to start my investing with approx 25k per month, please review and give suggestions for my MF allocations
Hello everyone,
I am 21 yo,
I have to do all the savings for me and my mother (father demised)
I have to start from scratch as we don't have any huge savings corpus
From this month i am going to start investment in MF
Mid cap (nippon) - 17.5%
Small cap (quant) - 17.5%
Flexi cap (quant) - 17.5%
Multi asset (nippon) - 20%
Liquid fund (icici) - 12.5%
Gold fund (sbi) - 10%
Silver fund (axis) - 5%
Open for suggestions.
And with that suggestion can you tell an approx amount,
what savings i can have in next 5 years?
u/DipunO5 — 9 days ago