Hi everyone,
Hope y’all are doing great. I’m a new investor and have recently learnt about mutual funds and sip’s from Zerodha Varsity. After reading up, I’ve started SIP’s in the following AMC’S:
| AMC | Percentage |
|---|---|
| HDFC Nifty 50 Index Fund | 8.70% |
| Nippon India Large Cap Fund | 12.17% |
| ITI Focused Fund | 10.43% |
| Old Bridge Focused Fund | 8.70% |
| SBI Focused Fund | 10.43% |
| SBI Liquid Fund | 8.70% |
| Nippon India ELSS Tax Saver Fund | 0.87% |
| Motilal Oswal Large and Midcap Fund | 12.17% |
| Invesco India Smallcap Fund | 8.70% |
| Groww Small Cap Fund | 6.96% |
| WhiteOak Capital Mid Cap Fund | 12.17% |
I’ve tried distributing the amount across large, mid and small cap with somewhat more percentage allocated to large cap. I want to know the quality of this distribution and what can I do make it better?
Most of my funds barring large caps don’t have much common stocks.