22 | need advice on my portfolio and allocation
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This is my current monthly SIP setup on Groww. Total SIP amount right now is ₹7k/month:
₹2k – Nippon India Small Cap Fund Direct Growth
₹1k – Nippon India Small Cap Fund Direct Growth
₹2k – Parag Parikh Flexi Cap Fund Direct Growth
₹1k – Navi Nifty 50 Index Fund Direct Growth
₹1k – Tata Gold ETF SIP
At the same time I’m building my emergency fund. Currently I’m keeping half of it in FD and half in Axis Liquid Fund Direct Growth.
My plan is that once my emergency fund is fully built, I can increase SIPs to around ₹20k/month.
Age: 22
Risk appetite: Aggressive (as per Nippon risk analysis survey)
I won't panic even if I see 30-40% drop for long duration in my portfolio
My Investment Goals:
Wealth creation
House purchase (10+ year horizon)
Retirement (25+ years)
Now I’m confused about a few things and wanted brutally honest feedback from people who’ve been investing longer than me:
Is my current allocation decent or too overlapping/risky?
For the future ₹20k/month SIP, how would you allocate it?
Should I add the new NFO: Axis Nifty Capital Markets Index Fund Direct Growth? Or is it unnecessary thematic hype?
Should I add REITs or InvITs at this age? If yes, what % allocation makes sense?
Am I missing out by not having international exposure?
I was looking at:
Edelweiss Technology Fund
DSP Healthcare Fund
DSP Value Fund
Axis Innovation Fund
DSP Multi Asset Allocation Fund
Franklin India Opportunities Fund
Please suggest to me if there are any good overseas funds
Or should I explore investing using vested directly on international funds
I recently saw a list showing funds with overseas allocation and noticed Parag Parikh already has some international exposure internally, so now I’m confused whether separate international funds are worth adding or not.
I know I’m young and aggressive, but I also don’t want to overcomplicate my portfolio or chase random trends/NFOs.
Would genuinely appreciate honest opinions on:
Fund selection
Allocation
Risk level
Whether I’m overexposed to small caps
Things you wish you knew at 22
Be as harsh as needed 😅