I am beginner but after spending some time in Indian Investments reddit, I have picked 3 mutual funds to invest in for my parents.
- UTI Nifty Index Fund - Direct Plan - Others - Index Funds/ETFs : Growth
- Parag Parikh Flexi Cap Fund - Direct Plan - Equity - Flexi Cap : Growth
- Motilal Oswal S&P 500 Index Fund - Direct Plan - Others - Index Funds/ETFs : Growth
I am using Coin by Zerodha to invest.
They are planning to keep these funds for 7 to 10 years. Also, we live abroad. So I don't know if its bad idea to invest in Indian stocks and if I should invest using apps available here.
I just wanted to know if these options are good especially considering their age. Are their any red flags in investing in these funds. or is this a very bad idea?
Also, I am 16 and have been learning about the Stock market for a couple of months. I have reached the point of analysis paralysis and is little overwhelmed by the sheer types and number of stocks out there.
Submitted August 31, 2021 at 07:40AM by matgeorgie https://ift.tt/3jvrvBD
