Hello. I am Investing a lakh rupees in Parag Parikh MF for long term, 15-20year. I am solely concentrating my fund in just 1MF while i believe with diversification, we also lose the return and overall, I found PPFAS a good AMC with a focused vision of the Fund Manager.
Is this okay to concentrate a lakh rupees in one Fund or am i missing the whole cake?
Thanks
Not sure how big is 1L per month in the overall scheme of your life… Is this for retirement goal? Are other goals on track?
@Stevo the fund is very good , but for conservative investor is good … but GOLD is missing . because any pandemic or rescission gold will erase the loss in portfolio , so you can buy some goldETF on monthly basic also to maintain the fund in any sudden bad news in the global , anyway gold in the long term 12 % annual return given , its will boost and protect the portfolio also i believe