u/AnotherRandomScroll

Hi Everyone,

I’m a 27 software professional working in MNC, and I have recently started my investing journey. I am planning to invest ₹20,000/month via SIP as a set-and-forget, long-term portfolio.

Just to add some context:

I already have 6 months of emergency savings

I have medical insurance covered

Risk Appetite: Aggressive

Goal: Long-term wealth creation

Horizon: 15+ years

App Used: Groww

Current (Planned) Portfolio Allocation: -

30% — ICICI Prudential Nifty LargeMidcap 250 Index Fund (₹6,000)

30% — Parag Parikh Flexi Cap Fund (₹6,000)

20% — Nippon India Small Cap Fund (₹4,000)

10% — SBI Contra Fund (₹2,000)

10% — SBI Gold Direct Plan (₹2,000)

Why These Funds: Felt that these are covering most of the categories without much overlap.

Does this allocation look reasonable for a long-term, set-and-forget approach? Would really appreciate any feedback or suggestions. Thanks!

Age 27, Risk appetite : Moderately Aggressive

​Investment Horizon: Minimum 20 years

​Investment Goal : Long-term wealth creation

​Goal : Financial Independence

​Allocation : SIP

​Why these : ICICI 250 & PPFAS for a stable core, Nippon Small Cap for aggressive long-term alpha, and Contra & Gold to act as shock absorbers during severe market crashes.

​App used : Groww

​Current Investment : currently 20k per month

​1)ICICI Prudential Nifty LargeMidcap 250 Index Fund (6K)

​2)Parag Parikh Flexi Cap Fund (6K)

​3)Nippon India Small Cap Fund (4K)

​4)SBI Contra Fund (2K)

​5)SBI Gold Direct Plan (2K)

​I want to stick to this as a set-and-forget approach, I need suggestions if it is good enough or can be improved