What Investment mistakes you made that you want others to avoid?

GuruGulabKhatri said:
Thanks.can you suggest a good index fund?
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IMO you can go with NAVI Nifty 50 index as it is currently offering lowest TER. They may opt to increase this later down the line and you would be notfied but as of now it's the lowest.
Alternatively you can go with UTI Nifty due to its large AUM.
I suggest adding a Nifty Next 50 (or) Midcap 150 to above N50 to follow a SIP.

GuruGulabKhatri said:
Suggest please
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Please check online the overlap in MFs you are currently holding and DYOR :)
 
ascalon said:
IMO you can go with NAVI Nifty 50 index as it is currently offering lowest TER. They may opt to increase this later down the line and you would be notfied but as of now it's the lowest.
Alternatively you can go with UTI Nifty due to its large AUM.
I suggest adding a Nifty Next 50 (or) Midcap 150 to above N50 to follow a SIP.


Please check online the overlap in MFs you are currently holding and DYOR :)
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Okay then Doing a one-time with Navi 50 & following up with next 50 SIP.
That's what u suggested, right?
 
GuruGulabKhatri said:
Okay then Doing a one-time with Navi 50 & following up with next 50 SIP.
That's what u suggested, right?
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What I meant was 2 SIPs. One for Nifty 50 & one for Nifty Next 50/Midcap 150, something like a 60/40 ratio. Like the 2 comments above say, index funds are same; just compare the offerings by different AMCs and choose your pick.
I suggested Navi for N50 because they have lowest TER currently from what I checked.
 
GuruGulabKhatri said:
Guys please comment on my portfolio.
Is there anything I should be doing?
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Are each funds for different goals/timeframes or you just went with a random assortment of funds?

1. You need a Index fund, Just to track Index at a much lower expense ratio.
2. Two Midcaps are OK, But they have like 30% portfolio Overlap, I would have only 1 after analyzing the stocks in portfolio + May go with 1 Small cap for risk to reward. [Long term 5-7 years]
3. Tata Digital and ICICI technology fund have a 60% overlap on stocks and 70%+ on value, I would keep one of them not both.
4. I would have had a hybrid fund instead of debt. Your Debt needs may be different than mine, so analyze and decide.
5. Won't comment on Tax Fund.
6. Sectorial funds like pharma and technology have a cycle. So it's on your preference you want them or not. They perform much better in upcycle and can crash in downtrends. Goals and exits needed to be defined to avoid losses.

Cheers, Happy Investing.
 
Lozil said:
Are each funds for different goals/timeframes or you just went with a random assortment of funds?

1. You need a Index fund, Just to track Index at a much lower expense ratio.
2. Two Midcaps are OK, But they have like 30% portfolio Overlap, I would have only 1 after analyzing the stocks in portfolio + May go with 1 Small cap for risk to reward. [Long term 5-7 years]
3. Tata Digital and ICICI technology fund have a 60% overlap on stocks and 70%+ on value, I would keep one of them not both.
4. I would have had a hybrid fund instead of debt. Your Debt needs may be different than mine, so analyze and decide.
5. Won't comment on Tax Fund.
6. Sectorial funds like pharma and technology have a cycle. So it's on your preference you want them or not. They perform much better in upcycle and can crash in downtrends. Goals and exits needed to be defined to avoid losses.

Cheers, Happy Investing.
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5. Won't comment on Tax Fund - Why?
 
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Both the options you suggested are P2P lending. I hope you understand that 100% of your capital is at risk. That's a no-no from me.
Also you have provided far too less info to give any suggestions. Investment horizon, risk tolerance, financial goals (if any), etc.

At the moment, I dont consider myself a good source of financial advice :p so you can wait for othersto chip in maybe. You can also try asking on the r/IndiaInvestments discord for (mostly) good advice: https://discord.com/invite/hqBNg4u
 
Mr.J said:
Please don't use discord for serious discussions like this. It's a blackhole of information.
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I disagree, at least for the server in question.
It's well moderated and has enough sensible people in it to not only answer your questions but call out any ill advice.

I'm only speaking from my experience, you're free to take a look and have your opinion though.
 
Mr.J said:
Please don't use discord for serious discussions like this. It's a blackhole of information.
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Nothing wrong discussing anywhere & even on social media as anyways one is only trying to get an idea and not actually investing on/via such platforms..
So no issue of safety unless one is fool enough to disclose he assets to make his a** ate!
 
GuruGulabKhatri said:
@Lozil @ascalon @singenaadam
Got approx 2 Lakhs to Invest.
Please suggest which route to go -
12% Club, Cred Mint 9% , or somewhere else?
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I am sorry but what is 12% Club, Cred Mint 9% ?

How is your Emergency Fund? You have at least 3-6 months of expenses saved up? No? Then it goes 50% into your SB and 50% into Liquid/Short Term Fund, Even FD is fine.
If Yes, What is the term you are looking to invest? >5 years then Equity MFs, >10 years Index + Equity MF's, Want capital to be safe relatively safe with better tax balanced return? Debt Fund.

There is no one answer to your question, If you are already invested into Some Mutual funds 80% of amount put into Best performing funds as top up. Rest 20% into rest and Sleep Peacefully.

Also you can buy Govt of India Bonds as well they will give you 7%+ return + Will add to debt portion of your portfolio.
 
25% in FD / RBI Bonds,
25% in equity, ETF / MF / debt funds,
25% in real estate,
25% in Gold / Silver / commodities.
You can change ratio as per your personal study on market momentum.

Look for new interesting upcoming options with your own due diligence, for eg.:
 
I've noticed in housing sector that people with loads of money are doing the same thing that is happening in the West. They are buying 2-3 small houses on loan during construction phase save selling it as soon as construction is over for +5L profit each. That profit they are taking in black completely. Banks are happy to foreclose the loan since their books look nice and they don't lose money.
 
Damn sure they are making more than 5L on each house, unless the house is too small, or are in an area without much legal /standards restrictions, etc.
Heard that if you close your bank loan early, your CIBIL score crashes, haven't had a chance to verify this.
These guys will surely be under IT scanner also, good business though.
 
Flipping houses is an old practice. But sometimes (it happened) one can get badly burned, I know a few cases where the price never recovered or took years to recover and people had to forego the booking amounts.

And, yeah, depending on the location & total cost, the profit can easily be more than 5L.
 
TEUser2K1 said:
Damn sure they are making more than 5L on each house, unless the house is too small, or are in an area without much legal /standards restrictions, etc.
Heard that if you close your bank loan early, your CIBIL score crashes, haven't had a chance to verify this.
These guys will surely be under IT scanner also, good business though.
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Why will the cibil score tank? The buyer will pay the full amount through bank transfer and the bank won't lose any money. Probably the cibil score will rise because they paid full amount before time. IT won't do anything because these guys know all the rules and put that black money in agri business to get IT benifits. They probably invest in other areas too.

Yes, these guys buy houses in upcoming tier 3 cities etc and till they manage to sell the house they rent it out. Instead of buying one 1cr+ flat, they can buy 4 25L flats in far off places. If the family is big, then you can easily see how much money such house flippers make.
 
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