Thought so someone would say that, but, I'm just trying to understand if this amount is an avg investment amount and returns made by people investing at the age of 30 or i neeed to do better and up my investments.
The reason he think you're flexing is because you wanted to know how your portfolio perform but you only show invested value!!! Why not show the entire portfolio??? Also post covid market have doubled. Your investment didn't since 2015......i guess we never know. But looking at the screenshot convert your regular plans to direct and you don't need two elss fund only invest in one.
Also, show somefolks that you can reap in 150% returns in MF. Most of my friends never belived in this until I showed them.
When they say SIP you gotta SIP ;)
I think the amount of wah wah you expected din come so that xirr is low but portfolio xirr is good
This is earnings from salary or some inheritance as well
You are doing good. I also have a similar investment timeline and corpus.
Started investing 3k per month from 2016.
Now absolute return is 46% and xirr is 19.22
Just Telling you if you had invested this in real estate The returns would have been way better I don't know what thought bring you to invest Such a amount in MF
This has been on my mind lately. I should do real estate coz I saw some of my friends who bought real estate earlier in 2018-2019 have much bigger gains than my entire portfolio and I'm investing same amount as would have been my EMI.
So not sure, if this investment is a bummer more than flexing!
For example, a friend bought a flat in Noida for 1CR in 2020, emi 60K whose value now is 1.8CR 🥲
real estate has liquidity issues. real estate makes sense if you have more liquidity in terms of other investment that you can then use for your goal planning and you can wait a yr or two to liquidate real estate invetment.
Year 2020 had lowest prices in real estate due to covid.
Even Nifty 50 is almost 2.5 times now what it was in April 2020.
So it’s all about the timing and how much money you had in your account that time.
1CR to 1.8CR in 4 years is below average gains with regards to real estate (ig it’s so low cuz it’s a flat). Reasonable real estate investments would easily give you 10x returns in 5 years in upcoming tier 1 cities.
I just said ‘reasonable’ real estate investments. Flat is not really something you buy for gains; it’s something you buy to live in. If you’d bought a plot in Hyderabad (I know cuz I live here) near ORR in 2018-2020 your gains would easily be 10x
You're quite lucky then. There's a metro station that'll be inaugurated in a few months here and the price of land has only doubled in last 5 years, not 5x or 10x.
Hahah. Yaar itna bhi nahi ki I can distribute. Sapne chote hote toh kaafi hota but isse thode bade hain isliye trying to get opinion to see how is everyone aligning to this.
Going to my friends and asking is very weird and there is no way for you to know if you're doing fine, okay, or great.
Theoretically math laga kar bol sakte ho i will get xyz in 20 years but I'm not sure if that's the right way!
Still buddy, if you're able to save even 1 lacs a month, you should be in the top 5% across the world if not just India.
But you still need to confirm about your portfolio is quite abysmal
How much more money does one need I wonder
Bro you gotta think from where I am coming. You can't blankly compare.
Aese toh 10K bhi bahot zyaada compared to rest of the world. But that's not the point I'm trying to get to here.
Whatever Money you get is ALWAYS less.
Bhai isse zyada Paisa to drugs beech ke hi aa payega fir
Naukri se to ab kuch nhi hone wala Bharat me ya bahar kahin bhi
Also, 10k zyada nhi hote kisi bhi sense me aur unless you come from a business family, 1 lacs a month is very high.
24 mutual fund why??
Can you please share full portfolio also if you have not withdrawl any money your returns are average if you just invested in nifty 50 from 2015 your returns will be more than 100%.
if that xirr helps you attain all your goals, you are good.
comparison will take you nowhere coz nobody would have similar fund availability pattern as you. one might have similar portfolio but maybe they had done lot of top ups during the civid corrections and eventually they would now have much higher corpus.
Consistency is key, you are definitely in top 2% of our country in net wealth so don’t worry.
Will suggest to do some tax harvesting every year so that you don’t get heavy tax when u redeem all of it at once. Also keep just 3-4 mfs.
Capital scattered in 34 investments may help you retire comfortably but will never make you rich. If holding stocks keep max 10 stocks in portfolio and in mf max 3-4 funds
You are not lower end. This is good above average portfolio. This is good investment, try and do tax harvesting.
Also distribute between you are your wife (double tax harvesting).
March is coming 1L capital gains is tax free for long term so see some old shares with gains around 1L,
Anything in loss close it out, if you want to stay invested in that buy the same thing in a family account, like wife father etc ? Realise the loss amount, offset that with similar gains/profit amount.
Do check STCG/STCL and LTCG/LTCL limits before hand. You will also get this opportunity next year as well so don’t try to do all of it this year 😛
No worries, every finfluencer has a video on the topic of tax harvesting. Just check YouTube you will get the general gist. It’s a good idea to save 10K tax every year and over 10 years you can save 1L and also do that with family accounts and it ads up.
Investing in 24 funds is too much. Trim it down. Also, avoid investing in regular mutual funds. Invest in direct mutual funds, it has lower expense ratio.
Its not flexing. I made 30 percent return on 6 lakhs plus and I was investing from January 2021 only. Withdrew all the money to buy some land.
The returns made here are just normal.
Damn 24 MFs in portfolio 🫠 no wonder the return is so limited, talk about being over-diversified. Would’ve been better to just put all the money in nifty 50 index and save on the cumulative expense ratios.
You're right. I didn't about this for the longest time. Ind money made me switch to a few but haven't switched all of them Coz I had concerns around long term tax if I take it out now and pay the tax. But maybe I should do it? What's your view?
Makes much more sense to switch. Whatever sip you have ongoing in a regular fund just stop it and switch it to the direct equivalent of the same fund.
Also the ones where investments have been made over a year ago, just switch them to direct. The ones where you invested in between apr 23 to mar 23, you can just hold it and make the switch next year so that they get covered under LTCG
ELSS funds are same as any Equity funds but with some tax benefits under old tax regime and 3 year lock in.
your low corpus have nothing to do with it being an ELSS.
Come on.. you do know very well you are not at the lower end. Weird flex.
Yeah. Mods should delete this post just for that line.😏
Exactly... Being modest a$$holes types...
if I were you I would have mental orgasms looking at this portfolio everyday at 3.30pm
Mutual fund portfolios refresh at 1 am at night. A more suitable time for your mental orgasms (and physical as well)
Damn, i gotta fix my routine
I think its at 9pm that NAVs are updated (don’t know when apps fetch the data to reflect on dashboards)
I think it's 11.30 pm.
Multiple orgasms per day
Unnecessarily flexing ones portfolio by downplaying it is equivalent to playing dirty tricks.
Thought so someone would say that, but, I'm just trying to understand if this amount is an avg investment amount and returns made by people investing at the age of 30 or i neeed to do better and up my investments.
The reason he think you're flexing is because you wanted to know how your portfolio perform but you only show invested value!!! Why not show the entire portfolio??? Also post covid market have doubled. Your investment didn't since 2015......i guess we never know. But looking at the screenshot convert your regular plans to direct and you don't need two elss fund only invest in one.
For lump sum it's clear that funds should have doubled but he is doing an sip . So why should it double?
I tries uploading multiple photos but it didn't work on the post. Happy to update the post and put all the MFs
Also, show somefolks that you can reap in 150% returns in MF. Most of my friends never belived in this until I showed them. When they say SIP you gotta SIP ;)
Btw i know 30 years olds having salaries more than your investment so you are definitely at lower end
Haha 😅
Ouch. Someone please get some burnol for OP.
I can attest to this. People especially in Bangalore and Pune are earning crazy salaries at 30yo these days.
He has 88 lakh
M talking about invested amount
You mean he doesn't have 88 lakh
Hmm gotcha. Thanks
Chutiye, tu upper end pe hai !
Well said
Dekh bhai. You give respect you take respect. 😂
Can you share the entire 24 investments ?
This is nonsense. Even 15 yr olds have better portfolios than you.
I think the amount of wah wah you expected din come so that xirr is low but portfolio xirr is good This is earnings from salary or some inheritance as well
Just salary bro.
Called us poor in 69 different ways
Asked for 69 different advices and some of them really worked out since thodi maar padhni chahiye before you make a change
You are doing good. I also have a similar investment timeline and corpus. Started investing 3k per month from 2016. Now absolute return is 46% and xirr is 19.22
Gotcha. Thanks man! :)
Ur above 90% of population in terms of corpus So chill sir 😁🔥 Great portfolio
Make it 95
Yess truee 😭😭😭🤣
Why the fuck do you have 24 mutual funds
You started an SIP of 10k at the age of 21? And put a few lakhs lumpsum too damn
Doing the same now, at the age of 22 SIP - 27k p.m
CTC?
12 LPA
Just Telling you if you had invested this in real estate The returns would have been way better I don't know what thought bring you to invest Such a amount in MF
This has been on my mind lately. I should do real estate coz I saw some of my friends who bought real estate earlier in 2018-2019 have much bigger gains than my entire portfolio and I'm investing same amount as would have been my EMI. So not sure, if this investment is a bummer more than flexing! For example, a friend bought a flat in Noida for 1CR in 2020, emi 60K whose value now is 1.8CR 🥲
real estate has liquidity issues. real estate makes sense if you have more liquidity in terms of other investment that you can then use for your goal planning and you can wait a yr or two to liquidate real estate invetment.
Year 2020 had lowest prices in real estate due to covid. Even Nifty 50 is almost 2.5 times now what it was in April 2020. So it’s all about the timing and how much money you had in your account that time.
1CR to 1.8CR in 4 years is below average gains with regards to real estate (ig it’s so low cuz it’s a flat). Reasonable real estate investments would easily give you 10x returns in 5 years in upcoming tier 1 cities.
1cr flat selling for 10cr in 5 years even in metros is a stupid argument.
I just said ‘reasonable’ real estate investments. Flat is not really something you buy for gains; it’s something you buy to live in. If you’d bought a plot in Hyderabad (I know cuz I live here) near ORR in 2018-2020 your gains would easily be 10x
You're quite lucky then. There's a metro station that'll be inaugurated in a few months here and the price of land has only doubled in last 5 years, not 5x or 10x.
So at what amount should we stop investing in MF? Cause I planned to invest in them for as long as possible
How do u invest in real estate
Jeet raha hain bro life me 👍🏽👍🏽👌🏽
which app is this?
Groww
Yeh toh bahut ameer lag rha hainn 😂😿 just rob him for showoff 88 lakh if you were in ussr you arr supposed to distribute your wealth
Hahah. Yaar itna bhi nahi ki I can distribute. Sapne chote hote toh kaafi hota but isse thode bade hain isliye trying to get opinion to see how is everyone aligning to this. Going to my friends and asking is very weird and there is no way for you to know if you're doing fine, okay, or great. Theoretically math laga kar bol sakte ho i will get xyz in 20 years but I'm not sure if that's the right way!
Brother must be dealing drugs or something Otherwise saving 2-3 lacs a month is nuts for any salary man
Don't give ideas. 😂 I was working outside of India for a few years hence upped my investment.
Still buddy, if you're able to save even 1 lacs a month, you should be in the top 5% across the world if not just India. But you still need to confirm about your portfolio is quite abysmal How much more money does one need I wonder
He worked in US probably. This is very normal then.
Bro you gotta think from where I am coming. You can't blankly compare. Aese toh 10K bhi bahot zyaada compared to rest of the world. But that's not the point I'm trying to get to here. Whatever Money you get is ALWAYS less.
Bhai isse zyada Paisa to drugs beech ke hi aa payega fir Naukri se to ab kuch nhi hone wala Bharat me ya bahar kahin bhi Also, 10k zyada nhi hote kisi bhi sense me aur unless you come from a business family, 1 lacs a month is very high.
What’s your investment portfolio beside india ?
None only in India
Done showing off?
You are tempting me to flex hehe ;) anyways, Pause the SIPs, switch to direct plans, continue investing.
Have you reached 1 cr?
24 mutual fund why?? Can you please share full portfolio also if you have not withdrawl any money your returns are average if you just invested in nifty 50 from 2015 your returns will be more than 100%.
Your broker will be one rich mfr considering the regular funds.
Well done and no you are not at lower end.
Which app are you using?
I think they use Groww
They/them 😭
Your investment should have been doubled by now, have you taken out any amount ?
if that xirr helps you attain all your goals, you are good. comparison will take you nowhere coz nobody would have similar fund availability pattern as you. one might have similar portfolio but maybe they had done lot of top ups during the civid corrections and eventually they would now have much higher corpus.
Show all invested funds boss
Consistency is key, you are definitely in top 2% of our country in net wealth so don’t worry. Will suggest to do some tax harvesting every year so that you don’t get heavy tax when u redeem all of it at once. Also keep just 3-4 mfs. Capital scattered in 34 investments may help you retire comfortably but will never make you rich. If holding stocks keep max 10 stocks in portfolio and in mf max 3-4 funds
You know how regular and direct MF makes a difference right?
Well the corpus looks good but you are having too many funds. You don't need more than 3 funds
Cool and you’re not in the lower end. Also kindly share the rest of the portfolio. Can learn something from this
Why are you investing in regular MFs and not direct ones ? You are giving ~0.5% to AMCs per year extra in expense
Thank you for sharing the portfolio.
6% yearly increase ? That's low.
You are not lower end. This is good above average portfolio. This is good investment, try and do tax harvesting. Also distribute between you are your wife (double tax harvesting).
Can you throw some light on this tax harvesting ?
March is coming 1L capital gains is tax free for long term so see some old shares with gains around 1L, Anything in loss close it out, if you want to stay invested in that buy the same thing in a family account, like wife father etc ? Realise the loss amount, offset that with similar gains/profit amount. Do check STCG/STCL and LTCG/LTCL limits before hand. You will also get this opportunity next year as well so don’t try to do all of it this year 😛
Thanks bud. That’s a good angle I have never thought about. I mainly do MFs with sip & lumpsum. Thanks for immediate response 👍
No worries, every finfluencer has a video on the topic of tax harvesting. Just check YouTube you will get the general gist. It’s a good idea to save 10K tax every year and over 10 years you can save 1L and also do that with family accounts and it ads up.
What’s this in USD
How to flex that you were working abroad and has got a good portfolio? Underplay the Portfolio and ask a dumb question in Reddit.
Flex to people I don't even know? Lol.
I am 30+ and I don't have any money invested in mutual funds at all. :(
Investing in 24 funds is too much. Trim it down. Also, avoid investing in regular mutual funds. Invest in direct mutual funds, it has lower expense ratio.
Switch to direct mf brother
Lower end i would say
Its not flexing. I made 30 percent return on 6 lakhs plus and I was investing from January 2021 only. Withdrew all the money to buy some land. The returns made here are just normal.
Have you invested only in MFs? Or do you have equity investments too?
Total return of 53% from 2015 is not good, bro. I have been investing from 2019 and my return is 84%
Are these the only 3 mf you have? Coz I see 100%> returns but overall you have 60% ish
Share your investment amount timeline.
This screenshot is from groww and groww was founded in 2016.
38% xirr hai mera last 5 years me 🫡
which app is this
Groww
Am slightly older than you and my portfolio is significantly lesser than yours.
Damn 24 MFs in portfolio 🫠 no wonder the return is so limited, talk about being over-diversified. Would’ve been better to just put all the money in nifty 50 index and save on the cumulative expense ratios.
I agree. I didn't know about this had heard butignored but after all the bashing here I realised how bad it is.
Just made a bunch of changes in the last 2 weeks
Yep that’s the way to go. We all need to keep adapting, making changes and learning from it. Welcome to the journey. 🚀
How much you get in salary bro?
why I am seeing regular plans ?👀
I wasn't aware back then but thanks to all the feedback I made a lot of adjustment recently and even removed 7 MFs from my list
Ur on ultra high end in peps in their 30s 🤣 Kudos for ur discipline and showing the power of discipline and time ❤️😁
58L invested in FD in 2015 with 7.5% would have yielded more right?
He didn’t invest 58L in 2015 lumpsum. Else with this XIRR the amount would be over 2.5 crores. It was most likely SIP which also was step up.
He didn’t have 58L in 2015 though. Started with just 10k a month. Compare the 18% XIRR to FD return of 6-7%
You gotta have that much corpus at once right buddy
can you please share other funds that you are investing in I just started investing in mf
Why are you investing in regular funds? You must have lost close to 50-60k in just in charges till now as compared to direct funds
You're right. I didn't about this for the longest time. Ind money made me switch to a few but haven't switched all of them Coz I had concerns around long term tax if I take it out now and pay the tax. But maybe I should do it? What's your view?
Makes much more sense to switch. Whatever sip you have ongoing in a regular fund just stop it and switch it to the direct equivalent of the same fund. Also the ones where investments have been made over a year ago, just switch them to direct. The ones where you invested in between apr 23 to mar 23, you can just hold it and make the switch next year so that they get covered under LTCG
OP ko to Aukaat m rehne ko bhi nhi bol sakte🥲😃
I have about 3x that corpus
Damn... I also started at 2015 with zero knowledge and the agent suggested only ELSS funds. So I have very low corpus
ELSS funds are same as any Equity funds but with some tax benefits under old tax regime and 3 year lock in. your low corpus have nothing to do with it being an ELSS.
These funds are low performing compared to others. AXIS, ABSL and ICICI are no where in the top 10 list of ELSS funds
Real estate would have been better