Is it a good idea to invest in stocks which are already part of your mutual funds ?
Have started investing a couple of weeks ago. Risk appetite is high, end goal is not trading but beating inflation.
Here are my concerns
1. It can have a doubling down effect, can amplify profit and loss either way
2. MF managers are already paid to monitor such stocks, I believe the purpose of me investing a mutual fund gets defeated if both are monitoring the same basket of stocks
Portfolio looks like this
Tata Steel 60 – 129.23
UPL 30 – 611.45
Bharat Electronics 30 – 138.05
Tata Motors 26 – 615.93
RVNL 55 – 161.64
ICICI Prudential Longterm Equity Tax Saving Growth – 10k (Lock in expires in Jan’24)