Portfolio check required

[smrtnvstr]

Hi All,

Please give your valuable inputs on the changes required on the funds I have selected and the way I have made that investment.

Presently my investments look like this

1) HDFC Top 200 Fund (G)
Lump Sum: Rs 300000/- in January 2010
SIP: Rs 50,000/- every month there after

2) ICICI Pru Discovery Fund (G)
Lump Sum: Rs 300000/- in January 2010

3) Axis Equity Fund (D)
Lump Sum: Rs 500000/- in December 2009

Total 12% returns so far.

I have stopped my SIP temporarily as my bank agent was charging me a hefty amount. I am going to start it by directly going to AMC's in an organized manner and distribute among other funds as well. Need your inputs on which funds to include. I can invest Rs 50000/- every month and my time horizon is 15-20 Years.

Brgds,
smrtnvstr

 

[nikrod]

Hi All,

Please give your valuable inputs on the changes required on the funds I have selected and the way I have made that investment.

Presently my investments look like this

1) HDFC Top 200 Fund (G)
Lump Sum: Rs 300000/- in January 2010
SIP: Rs 50,000/- every month there after

2) ICICI Pru Discovery Fund (G)
Lump Sum: Rs 300000/- in January 2010

3) Axis Equity Fund (D)
Lump Sum: Rs 500000/- in December 2009

Total 12% returns so far.

I have stopped my SIP temporarily as my bank agent was charging me a hefty amount. I am going to start it by directly going to AMC's in an organized manner and distribute among other funds as well. Need your inputs on which funds to include. I can invest Rs 50000/- every month and my time horizon is 15-20 Years.

Brgds,
smrtnvstr

You can add up 2-3 more funds.

Add 1 large cap like DSPBR Top 100, BSL Frontline Equity

Add 1 Mid Cap like IDFC Premier Equity, Reliance Growth, Sundaram SMILE

Add 1 Sector Fund (just 10-15% of portfolio) like Reliance Diversified Power, Reliance Pharma, Reliance Banking, ICICI Pru Infrastructure

 

[drsambu123]

You can add up 2-3 more funds.

Add 1 large cap like DSPBR Top 100, BSL Frontline Equity

Add 1 Mid Cap like IDFC Premier Equity, Reliance Growth, Sundaram SMILE

Add 1 Sector Fund (just 10-15% of portfolio) like Reliance Diversified Power, Reliance Pharma, Reliance Banking, ICICI Pru Infrastructure

I want to include one more large cap fund to consider is quantum long term equity G. Its focus is truly long term. in fact its exit load also relatively high to prevent the frequent exit by investors. Its also a five star rated fund. Since your time horizon is very long u can consider this value investing long term fund....

 

[smrtnvstr]

You can add up 2-3 more funds.

Add 1 large cap like DSPBR Top 100, BSL Frontline Equity

Add 1 Mid Cap like IDFC Premier Equity, Reliance Growth, Sundaram SMILE

Add 1 Sector Fund (just 10-15% of portfolio) like Reliance Diversified Power, Reliance Pharma, Reliance Banking, ICICI Pru Infrastructure

thanks nikrod.. : )

 

[smrtnvstr]

should i go for it

hi all

i have finalized following funds for SIP, time horizon 15-20 years, goal- wealth accumulation,
risk appetite- medium to high

Large Cap 60%
HDFC top 200 (G)
BSL frontline equity (G)
DSPBR top 100 (G)

Mid & Small Cap 30%
ICICI pru discovery (G)
Reliance growth (G)

Sector 10%
Reliance diversified power (G)

thanks nikrod for your help just one more final word from all you experts.

 

[yodlee99]

Your fund selection is great. The 60% in large cap funds gives you a hold on safety while the 40% in mid+smallcaps+sectoral funds are great for returns. I would suggest you 1 more step, find out what VROL says about your choice. Create a portfolio in valueresearchonline.com and then click on Analysis of your portfolio. Look at the Growth/Value/Blend table and also the actual stocks that these funds are currently invested in. Also find out the past performances, alpha, Sharpe ratio to become more familiar.
You can do a similar analysis with morningstar.co.in and select "X-ray scan" of your portfolio.

Same rules apply for SIP:
Apply SIP on different dates of the month or even better, different days of the week.
Hold long term (15-20yrs+) and increase the amount every year, if possible.
Check with us in an year to make changes, only if needed.
Do keep an eye on your mid+small cap funds as well as Rel Div power.
Apply directly with AMC to avoid transaction charges.

Indian growth story is being written now... this is a great way to be a part of it now !

 

[seetharamank]

u have not stated ur age sir instead of investing 50k sip monthly in just 3 funds add a couple of funds like magnam multiplierplus,magnam contra,sundaram financialsector fund etc i will suggest one alternative select some companies like LT,reliance, ntpc &invest on sip monthly basis u can add midcap banking like yes bank ,ashokleyland etc &invest 50% of ur 6 lakhs ie 3 lakhs per year during correction of market incidentally i happen to be a mutualfund advisor[IFA]

 

[smrtnvstr]

u have not stated ur age sir instead of investing 50k sip monthly in just 3 funds add a couple of funds like magnam multiplierplus,magnam contra,sundaram financialsector fund etc i will suggest one alternative select some companies like LT,reliance, ntpc &invest on sip monthly basis u can add midcap banking like yes bank ,ashokleyland etc &invest 50% of ur 6 lakhs ie 3 lakhs per year during correction of market incidentally i happen to be a mutualfund advisor[IFA]

i'm 26 yrs old. i plan to modify my portfolio and i have allocated
60% to large cap funds
30% to mid-small cap funds
10% to sector fund
you can see my previous post for funds selected

bcoz of nature of my job i don't have enough time to follow/study the market
and i was informed by experts to avoid/minimize exposure to stocks or sector funds in that case.

ur suggestions are valuable.
smrtnvstr

 

[palka]

@SMRTNVSTR: Do not change your portfolio selection. you have chosen very well.
Stay away from SBI funds (magnums) for the sole reason of extremely inconsistent performance. The higher ranks of Magnums are due to 1 or 2 years of very good performance.
I have a little reservation about only one fund. You have chosen a sector fund. though the performance is quite impressive, it may not be a suitable for a proper long term portfolio.
Happy investing

 

[nikrod]

@SMRTNVSTR: Do not change your portfolio selection. you have chosen very well.
Stay away from SBI funds (magnums) for the sole reason of extremely inconsistent performance. The higher ranks of Magnums are due to 1 or 2 years of very good performance.
I have a little reservation about only one fund. You have chosen a sector fund. though the performance is quite impressive, it may not be a suitable for a proper long term portfolio.
Happy investing

Agree with Palka about Magnum lot. Highly inconsistent performance.