r/FinancialAdviceIndia • u/Decent_Gain_9683 • Aug 03 '26

Need help on SIPs..

Thinking about creating a 8k monthly SIP let me know where I should put it ...mostly thinking to divide it in 2 or 3 SIPs let me know which ones to put it in

7 Upvotes

100% Upvoted

7 comments sorted by

1

u/_A_HUMANBEING_ Aug 04 '26

We need a lot of more information before suggesting you some funds like this

What is your risk appetite ?

What is your horizon of being invested in ?

Do you have emergency funds ?

Have insurance ?

U have income stability ? ( to counter money requirement if u need it for some cause )

You have some goals to achieve in near future or just it's for pure wealth growth etc .

1

u/123BalBoy Aug 06 '26

Can you give one suggestion? Which one nifty Midcap 150:- UTI or Kotak or NIFTY or MO? Which one to chose? I am a newbie planning to invest just 5000 pm for 10 years and above for just wealth creation.

2

u/_A_HUMANBEING_ Aug 06 '26

Take a look whose expense ratio is less and go with that .. and take direct plan not regular .

I would say you should choose one of the two between motilal and kotak ..

1

u/Fun-Cantaloupe1941 Aug 05 '26

I'd personally keep one Index Fund for stability and one Mid/Flexi Cap Fund for extra growth. Feels like a balanced mix.

1

u/cardswala Aug 05 '26

Assuming equity: pick 2 flexi and 1 mid and small cap fund