Experts view on this
Age: 26
Risk appetite is moderate
**Investment Horizon: 10 years**
Current sip: 1lakh (50 debt 50 equity)
Started in 2021 oct witk 10k sip
Goal: wealth creation
I have a friend who is a mutual fund advisor, and so far I’ve largely trusted his recommendations when choosing funds.
I’d like to get a second opinion on my portfolio—does it look well-constructed overall, or are there any issues or red flags I should be aware of?
Also, on a personal note, I’m wondering whether I should switch from regular to direct mutual funds to save on the expense ratio. I’m fairly disciplined and comfortable doing my own research, but the main reason I’ve stayed with regular plans is that I trust my friend and it allows me to offload some of the research, monitoring, and decision-making.
Do you think the additional expense of regular plans is justified in this situation, or would moving to direct plans make more sense?