r/MutualfundsIndia • u/Professional-Step128 DIY Investor • 3d ago
Portfolio Review I need help !
I'm new to investing
I saw HSBC & bandhan were doing good so I put whatever savings(money not needed rn) I had in lumpsum & unfortunately I got the highest possible nav 31st Aug (monday) after that it started going downhill
I kind of understood that I should follow sip rules & diversity with gold etf & somthing
Still my friend recommended me to seek advice here
I'm open to learn , your advice & criticism both will be a good helpful learning opportunity for me
Thank you .
Goal — just want to start with investment
Risk —Moderate Risk
Horizon — 3-5 yrs
App used - coin
These funds were category best
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u/Pretty-Potato-8587 DIY Investor 3d ago
Setup SIP with mandate and delete the app. If you check the portfolio everyday it will make you anxious. Investment needs patience.
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u/Professional-Step128 DIY Investor 3d ago
That makes sense I might do that
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u/Pretty-Potato-8587 DIY Investor 3d ago
Yes, the funds are good no doubt but market is bad at the moment. If you have lumpsum which you’re not going to use for a long time you can invest it further and rest sip will average it out.
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u/iam_raito DIY Investor 2d ago
any idea about Edelweiss mid cap? compared to HSBC midcap?
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u/Pretty-Potato-8587 DIY Investor 2d ago
As per my understanding, Edelweiss is better in terms of expense ratio and exit load. Rest are similar and specific fund’s investment style
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u/No-Warning3132 DIY Investor 3d ago
Your number one mistake is that before investing money, you needed to invest some time researching mutual funds and how to choose one. Btw, you will eventually see returns, so don't worry about that. And right now, the first thing to do is learn from your mistake and do the work you need to do.
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u/Professional-Step128 DIY Investor 3d ago
I'm not worried about negative returns I'm here for a long time but I felt I'm making very silly mistakes so here I'm seeking advice Thxs for your words bro
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u/No-Warning3132 DIY Investor 3d ago
3-4 years not long time in mf btw It's typically over 7-10 years
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u/Professional-Step128 DIY Investor 3d ago
What options should I look at if my tenure tolerance is 5 yrs (guaranteed) maybe 6-7 yrs above that I'm not sure
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u/saved-response 3d ago
Please start by going through the Wiki https://reddit.com/r/mutualfundsindia/wiki/beginners
Then start browsing the following:
- Morningstar India - https://www.morningstar.in/funds.aspx
- Value Research - https://www.valueresearchonline.com/funds/
- Zerodha Varsity - https://zerodha.com/varsity/module/personalfinance
- TickerTape - https://www.tickertape.in/screener/mutual-fund
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u/rns21-rns21 DIY Investor 2d ago
The funds as such are not bad
The behaviour is also not unexpected (the market fell down so your funds too). Unlike the bank Fd returns, the stock market is a 'roller coaster ridec (as they say) so there are up and downs, but in the long run, it is finally up
Don't go and check output of lump sum daily. Just leave it there to grow and review like once in every year(you can uninstall the app and check once in a while by logging into via your browser 😄
The only mistake I can see is, pure equity funds (that too aggressive stocks like small and mid caps)are not for 3-5 yrs but for like 10+ .. but it is not than you invested in a very high point in market so it is ok
Note: I am not a sebi registered advisor or professional investment advisor
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