I want to create a portfolio as gift for my daughter’s upcoming birthday.
I already have my personal investments in mutual fund and don’t want to go by mutual funds.
She has a long way to go before she will actually use it. So I have only 2 criteria
- Select from Nifty 100 companies
- Companies which will provide peace of mind and needs very low tracking/assesement. Should not burst like Yes bank. If whole market bursts and selected company bursts then that is another thing.
I am fine with low than mid or small cap indices returns.
Based on above criteria I have selected below 10 companies with 10% allocation in each
- HDFC Bank
- KOTAK Bank
- ASIAN PAINT
Request your review and suggestion if anything can be added to or removed from list.