guide me
I'm a 2nd-year B.Tech Mechanical Engineering student, and I started investing around a year ago. Since then, I've been trying to learn about mutual funds, investing, and the stock market on my own.
Looking back, I realize that one of my biggest mistakes was putting a significant portion of my investments into Gold and Silver funds. At the time, I was mainly influenced by the high returns they had delivered recently, without really understanding concepts like asset allocation and diversification. Thankfully, it turned into a learning experience, and I've gained a much better understanding since then.
At present, the only SIP I actively invest in is the Navi Nifty 50 Index Fund, using my monthly savings as a student.
My investment horizon is long-term, as I'm investing for my future, and I have a high risk tolerance since I won't be needing this money anytime soon.
I've attached my current portfolio, and I'd really appreciate it if you could take a look and share your thoughts. Whether it's something I'm doing right, something I should improve, or mistakes that I might not be noticing, I'd be grateful for any advice. I'm still learning, so I genuinely welcome constructive criticism.
My long-term goal is not just to invest in mutual funds but to develop a solid understanding of the stock market—how businesses work, how to analyze companies, and how to become a better investor over time. I'd love to build investing into a skill that can eventually become a meaningful side income alongside my engineering career.
Thank you for taking the time to read my post. Any suggestions, resources, or advice would mean a lot to me.