The content consists of various investment suggestions for a long-term horizon of 18-20 years, primarily to save up for a child’s future. The original poster had initially invested in Groww Nifty Total Market Index Fund but is now looking to change to a different mutual fund. Several responders suggested sticking with a reputable small-cap fund or a blend of Nifty 50, GILT, and Variable RD. Others proposed a mix of Nifty Total Market Index and tilts in Nifty Next 50, Nifty Midcap 150, and a low-cost active small-cap fund. A few responders also emphasized the importance of consulting with a fee-only financial advisor to create a personalized plan.
Recommendations for specific mutual funds include Parag Parikh Flexi Cap, a blend of Nifty 500 and Nifty Microcap 250, and HDFC Balanced advantage fund. Some responders humorously suggested letting a one-year-old child pick the mutual fund by drawing from chits. Overall, the investment horizon is at least 17 years, and the goal is to create a diversified portfolio that can beat inflation and save up for future expenses like higher education.
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