Hello Fishesh,

Looking for you advice.

Thinking to start sip for below Mutual fund for atleaet 10yrs.

1- ICICI Prudential nifty index dirct growth.
Exp ratio- .11%
Beta-1
S.d-18.43%
Sharp ratio- .53
Exit load- nill

2- ICICI Prudential tech dirct growth fund
Exp ratio- 1.14%
Sector- IT

3- Parag parikh flexi cap fund
Exp ratio- .89%
Beta- .71
Sd-15.23%
Sharp ratio- .93
Exit load- 2yrs lockin kind off.

Please suggest your opinion. Which one will be good to go. I am looking for long term.

like
Posting as :
works at
You are currently posting as works at

Any mid or small cap equity fund is good. I personally prefer Kotak, Mirae or Canara Robeco.

like

Parag prikh is super performer in long run. It is already biggest contributor in my portfolio and hve generated great returns in last 3 years. My suggestion, don’t go fo index funds. Instead go for some blue chip fund and it will general better returns even after considering expense.

like

The MF expense ratio is directly correlated to fund size, as the fund grows, the expense reduces. So as long as my selected fund fulfills my criteria (which is more or less what you mentioned + portfolio quality) I usually take the bet. Expense ratio is not fixed and not a tie breaker for me.

Why not ELSS? Will also give you tax breaks

But your horizon is 10+ years right?

It's just that only ELSS will give you tax breaks under 80C amongst MFs 👍

like

Yaa but I believe new tax regime is good for ctc around 12 to 14lpa.

In that case no need to declare any invstmnt and you are free to go with your type of funds.

No lockin, no exit type wala

Never go for sectoral funds until you understand market cycles! For example, the IT fund you chose will be heavily impacted by currency cycles. Do you understand them?

1 will beat 2 & 3 in the long run. TER is a very massive factor if you are a long term investor.

Google ‘Million Dollar Bet’ to know more context on benefits on Index fund investing.

Related Posts

Looking for a general consensus - which firm offers the best compensation & WLB? For info, 4 years experience, mostly technology /mgmt consulting within public sector and starting to think about next move.

like

Is it really unrealistic to expect a raise in this current economic climate? Review period is coming up in July, and I don’t want to shoot myself in the foot by not asking for a raise.

like

Folks, does Morgan Stanley pay signon/ joining bonus for VP/ Associate level position in London, UK? If so, how much?

Hi Fishes, I have an interview with PwC AC in the coming week. My tech stack is Power BI, SQL, SSRS,SSIS and Tableau. YEO -4 Current CTC is 9 LPA. During the initial call with the recruiter he asked for ny expected CTC and I asked for 17 LPA. Can anyone from PwC comment on this? Is this too much to ask or is this what someone at my current level would get paid at PwC. Please let me know!!!! PwC PwC India Pwc AC Deloitte Deloitte USI

like

What is the salary range for Solution design & Delivery Engineer.
YOE -5.5
cctc - 19L

Hii everyone from IBM 👋🏻

Whats the process of initiating and getting the hike/bonus?

I joined IBM on last week of May 2022, was on bench till 20th November 2022 and got allocated to project on 21 November 2022.

Whom should I talk to regarding the hike/bonus? And whats the process like??

Will be grateful if I get any inputs. Thanks all :)

like

How does one tell their boss (owner of the company) that you are burnt out? The sheer volume of work is exhausting and I haven’t taken a true vacation as we are a small company so if something urgent comes to my email I feel like I must respond. I was given an additional title and more responsibilities last year as well but only a 3% raise for it.

like

Hi everyone,

I wanted to leverage the hive mind in finding out how best to negotiate a verbal offer for a 100%-remote Product Manager role in NYC, with a IT infrastructure/digital services firm (MNC but non-American):

Base salary: 120k

Sign-on bonus:10k

Bonus: 15%

No stock options

How competitive is this, and what should I negotiate for please? The written offer comes after verbal agreement.

I've 10 YOE in tech project management; 7 in product management.

like

Hi fishes, I am looking for job change..so any referrals will be helpful. I'm working in SaaS , Marketing Automation.
Current role : Customer Success Manager
YOE: 7+ years

Thanks in advance !! …

like

I’m really interested in Account Planning, which my company doesn’t have. What do I need to know to break into that role? Is it typically a (semi) stable position?

Hello, I'm Catherine, I'm a recruiter looking to hire a Dental Hygienist $45-$50 per hour and a Front Desk/Patient Coordinator pay rate is $15-$25 per hour. In Norcross, GA. Both Full Time. Anyone interested?

like

Prime video catalog specialist job salary?

like

Any insights on Laughlin Constable? Looks like they’re hiring in the creative department 👀

like

I cleared technical round and during final call with HR, my salary expectations were higher as per HR.

My current CTC is 9lpa, skill-IAM and Java, YOE-3. I asked for 14lpa, best they could give was 11lpa. I know I asked a lot.

She didn't care to negotiate and cut my call and now they put my candidature on hold. Can I expect call back? Or i can consider myself rejected?

like

Hello Fishes,

I have got an offer at
Wells Fargo for the role Technology Business Systems Consultant and my total YOE is 4.8 into Testing (Manual and Automation)
Is this role relevant to my experience or is it a role for much experienced person than me?

Any idea or information that what is the pay usually offered for this position?
Please provide your thoughts and suggest whether I should change 1. My role or 2. Request for more pay

Thanks in Advance!Wells Fargo

like

Full Stack .net Dev with exp 7yr. What type of work role can be expected from Infosys? What is scope of growth? And what could be the max expected salary offering?

like

Hi guys,

I just received my offer letter from Infosys and the compensation is as follows:
What is the approx in hand I would get from this approx?

Any advice would be appreciated.

Post Photo
like

I’m in the midst of the interview process at KPMG. What is the expected salary for Manager level in the risk space?

like

So I start my new role as Revenue Cycle Manager, South Bay Division in about 2 weeks! I’m super nervous. I’m scheduled to meet with the Senior Director and the East Bay team. This will be my first real management job leading a team. Any advice for a new manager? Training tips?

like

Hello fishes.. Could anyone please tell me What is the experience range of Lead Software engineer G140? I have been offered this role but based on my YOE i think i deserve more but need to know first the experience ranges for this designation

like

More Posts

What is the average salary of Business Unit Controller for P&l controller team supporting the treasury capital market?

like

Which is your favourite Use case so far in your Data Science journey?

like

Hi All ,

I am joining Accenture applied AI in Pune as my joining location. Will they ask me to relocate to Bangalore or Mumbai ?

like

What are "paper pushers" called nowadays?

like

Wondering if anyone can give insight as to what salary range is for an insurance compliance role as an IC3 or similar?

like

Has your company announced when you’ll be going into the office? It’s strange to me that no one has announced if perm wfh would be a possibility. Feel like I’m in a state of limbo and want to be able to plan to move somewhere else if that’s a possibility.

like

Hello everyone,

How is Siemens GBS? Is it a Service Based Vertical? How about Job Security?

like

Is it weird that I hate attending work happy hours because all people do is talk about work?

like

did we ever agree on a secret code here for “thumbs down”? like, using the “smart” reaction or something?

smartlike

Once you hit your FI number, what are your plans? 1 yr? 3-5yrs? beyond?

like

Why do recruiters never tell you which agency they want to talk to you about until they get you on the phone? I don’t want to waste anyone’s time and it would be helpful to know this info from the initial outreach. My experience with this only applies to healthcare, but would imagine it’s the same in consumer as well. Anyone?

like

It’s a little weird that the Effies have a Holding Company of the Year award isn’t it? Like, good job on restructuring distressed assets?

likefunnysmart

Question of the Week: What’s your most underrated piece of advice for working in this industry?

Side Note: Please feel free to invite people to this bowl.

like

Where do you find the time to get everything done in the day when you have multiple partners, associates and equity partners that interrupt you and want things turned around immediately while simultaneously working on deadlines? I feel like I’m the only one that can’t manage a 70+ case load without letting someone down. I constantly have to say “Can I do this tomorrow?” Etc. I don’t even have time to bill on the clock. I work until 7p at least every night. Top 10 family law firm.

like

I woke up this morning, went to the gym, made myself a nice breakfast. Folded some laundry, cleaned up the apartment and now I’m working outdoors at a coffee shop. Lunch hour is blocked so I can take a nice walk and listen to a podcast. God I love remote working.

likeupliftingfunny

Im working at an agency where the strategists expect to see all the work before the creative directors review it. They all pretend this is normal and I've never experienced this anywhere else?

funnylike

I'm thinking about starting with a new company. I'm a commercial workers compensation underwriter with almost 3 years of experience. I currently make around 38k but I'm hearing that this is low for the market. Thinking about going to Travlers or Hartford. Anyone have experience there? What was your salary?

like

Anyone from Sacramento area/ Cali

like

Additional Posts in India Investments

Is it true that stocks bought and sold are visible in form16?

Any CAA or tax expert here?

Had a quick question, I see 1.5k in zerodha coin, is that a profit? If yes, how it's so great since I have only invested 40k in MF, 2 weeks back?

Post Photo

Nifty 50 index mutual fund vs Nifty ETF ? Which is better ?

Which is your stock pick this week?
Serious answers only!

like

I started investing in January 2021 with a current portfolio of 40:60 across Mutual Funds ad stocks. The MF portfolio is giving my a current return of around 10% cumulative whereas the stocks are giving around 6% cumulative.

Not sure how to get the game right.
Views please friends.

Which crypto coins are you putting your money in?

like

Has anybody invested on affordable housing in Gurgaon, India? Or got any insight for a first time investor.

like

What are the recommended tax saving options apart from 80C, HRA & NPS? Any insights would be much appreciated.

like

Fishes- Need some quick knowledge/suggestions for Monthly Investments. I have a 10k Monthly ELSS SIP and 10k Nippon Pharma MF SIP. In addition to this, a small amount 15-20K flat invested in Crypto. I have some more money to spare- 10-15K/month. Any suggestions where I can invest this? I have little knowledge of stocks so would be a little hesitant to get in.

like

I'm relatively new to stock market investments and have tried to build a balanced portfolio for the long term. Should I hold the stocks for long term or does it make sense to book profits in between ?

My wife and I use a joint account for managing our monthly expenses. Can we both use UPI IDs linked to this account on our respective phones ?

Need 20lakh by next year for down payment have 1.8 L on hand which MF or stocks to invest so that can get 20L by next year and how much per month

funny

use an advisor for dynamic asset allocation as your forte is your knowledge .so leave it to professional like me may cost some but few bucks are cheaper then losing principal in crypto or any unregulated asset class if interested@9302340643

Post Photo

Hii ,
First time investing and hence I did some research on investment and planning to invest 40k in the below fashion.
10k-ELSS 10K-Equity MF 10k-Debt MF 4K-NPS 6K-PPF . Is it fine or any suggestions are welcomed. Also if anyone can suggest me which ELSS or mutual fund should I select considering the current market scenario

like

Is it good to invest through fisdom app in mutual fund or suggest better way

Mine portfolio is down approximately 30%.. what about you guys?

Celebrate azadi ka amrit mahotsav and reach your financial freedom when India will be celebrating 100 years of independence. 🇮🇳🇮🇳
DM me on 7019194829 for more details!!

Post Photo
like

Is there any bowl that discusses crypto investments?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal