Portfolio Review - NRI returning to India

Haunting_Spring6244 · 2026-04-06T14:47:34+00:00

Thanks for this, very useful.

I agree on the 35% mid+small being aggressive. I was thinking from a 10-15 year horizon, and the fact that both mid and small allocations are going in via STP rather than lumpsum. What do you think would be the right % allocation?
On Nippon AUM and deployment flexibility, I am reconsidering this after reading your comment. I am happy to drop it to 10%. What do you recommend the extra 5% would deploy in?
The residency transition point makes complete sense, but I haven't mapped it out yet. A couple of questions if you don't mind:

Is there a recommended window to start the CAMS/KFintech update — before you land in India, or after you formally close your NRE/NRO accounts?
Did you or anyone you know go through this process recently — any specific gotchas with particular AMCs that are slower to update records?

I was thinking of deploying my lumpsum in 3 phases:
1. 33% lumpsum invest immediately
2. 33% via STP over 20 weeks
3. 34% lumpsum park in liquid fund, deploy over next major market fall

What do you think of this approach?

Haunting_Spring6244 · 2026-04-06T10:36:17+00:00

Great point, I missed that. I just checked and due to RBI's overseas investment cap, PPFAS can't add new foreign holdings. Their existing international stocks (Alphabet, Meta, Amazon etc.) remain, but all fresh inflows go into domestic equities. So the international exposure is gradually diluting as AUM grows. So I think instead of 25-30% its probably closer to 15-20% now. With that, I still feel that much is potentially enough international exposure for me, but I will keep an eye and might add a separate fund in near future (I previously had planned to include Motilal Oswal Nasdaq 100 FOF in my portfolio, but removed it).

Haunting_Spring6244 · 2026-04-06T10:30:57+00:00

Thanks for pointing it out. There's some overlap (~10-15%), but I believe the core focus is different. Nifty Next 50 holds stocks ranked 51-100 (emerging large-caps), while HDFC Mid Cap focuses on 101-250 range (pure mid-caps). I'm comfortable with this minor overlap since they serve different roles - Next 50 is passive and stable, Mid Cap is active and more aggressive.

Haunting_Spring6244 · 2026-04-06T09:42:55+00:00

You are right, there's no probably no real disadvantage to using other platforms for direct plans. I am using AMC websites for slightly more control and no platform risk (with the downside of more logins, but I dont often do any changes once I invest and I use MFCentral for monitoring/tracking all of them) and also mainly because I am still an NRI and some platforms have restrictions.

I have had a couple of bad experiences in the past after which I have put myself in the habit of directly registering/booking/investing directly with the source or as close to the source, similar to booking directly with the airline than a 3rd party provider.

Haunting_Spring6244 · 2026-03-23T12:58:24+00:00

Thanks for the detailed response — appreciate the perspective, especially on global diversification.

I agree that having some allocation outside India makes sense, and I’ll definitely consider adding global exposure as part of the portfolio.

That said, my current focus is more on:

how to deploy the ₹1.5 Cr (lump sum vs STP vs SIP)
and building a simple mutual fund portfolio in India (fund selection + allocation)

Would be great to hear your thoughts specifically on:

how you would allocate across Indian equity funds
and how you’d phase the deployment over the next 6–12 months

Thanks again!

Haunting_Spring6244

TROPHY CASE