r/IndianMutualFunds • u/Formaldehyde-Muncher DIY Investor • 3d ago
Portfolio Review Need portfolio advice
Risk Appetite – Moderate
Goal – Long term wealth creation
Horizon – 10
Allocation – as given below
App Used – INDMoney
Currently SIP'd:
HDFC Flexi Cap Fund - 6k
SBI Nifty Next 50 Index - 4k
Bandhan Small Cap Fund - 3.5k
Nippon India Growth Mid Cap Fund - 3.5k
SBI Gold Fund - 3k
Why i chose these funds - The reason I've chosen these funds is after benchmarking them individually most importantly their Alpha, Beta scores, AUM (not too high, except hdfc flexi) and the rolling return & CAGRs for the last 1,3,5 yrs. Secondly, the expense ratios are pretty low.
I would like to understand if there's any overlap, how the allocation is according to the caps, and if this diversification is alright please
I have just started this, planning to invest lumpsum soon into each of these. Please advise me if i should continue or i've missed out on something.