My long-term mutual fund portfolio for growth and stability
Starting my long-term mutual fund investing journey 📈
After spending time understanding my goals and risk appetite, these are the 3 funds I decided to go with:
- Helios Flexi Cap Fund
- UTI Nifty MidSmallcap 400 Momentum Quality 100 Index Fund
- DSP Nifty 50 Equal Weight Index Fund
Why I chose them:
- Helios Flexi Cap: Wanted a flexi cap fund with comparatively lower AUM and a different approach from the commonly picked options like Parag Parikh.
- UTI MidSmallcap Momentum Quality: Mainly for long-term aggressive wealth creation and higher growth potential.
- DSP Nifty 50 Equal Weight: Added this for relatively stable long-term growth and future goals like buying a home.
Trying to build a portfolio with a balance of:
- long-term wealth creation
- growth potential
- stability for future life goals
Excited to stay consistent with SIPs and think long term 🚀
Would be interesting to hear how others here think about this kind of allocation approach for the long run.