Portfolio Review

[mrindia]

Hello!
Bear phase in last month proved to be a testing time for most of the fund managers. Though nothing significant can be collected keeping in view the short assessment time, but some funds recieved higher thrashing than category. Like Birla Sunlife Equity c.f Rel Vision. Reliance Growth although mid cap, behaves like opportunity fund also suffered more than category average as compared to other opportunity funds e.g- Kotak oppor.
mr india

 

[vijay121264]

Sir,
I am new investor in Mutual Fund area.
I invest some amount over the last 6 month in 13 funds - 1) DSPML T.I.G.E.R. Reg-D, 2) Fidelity Tax Advantage-D (SIP), 3) ICICI Pru Indo Asia Equity Fund Retail -G (SIP) 4) ICICI Pru Infrastructure-D 5) Magnum Contra-G 6) Magnum Taxgain 7) Reliance Diversified Power Sector Retail-G 8) Reliance Equity Advantage Fund Retail-G 9) Reliance Growth. (SIP) 10) Reliance Natural Resources - G 11) Reliance Regular Savings Equity - G (SIP) 12) UTI Infrastructure - G 13) Standard Chartered Small & Midcap Equity-G
From the above 13 Mutual Funds, I also invest by SIP in following Funds.
1) Fidelity Tax Advantage-Dividend Reinvest (Rs. 1500/-) 2) ICICI Pru Indo Asia Equity Fund Retail -G (Rs. 1000/-) 3) Reliance Growth-G (Rs. 2500/-) 4) Reliance Regular Savings Equity (Rs. 500/-) . I also want to invest lumpsum Rs 70,000/- Rs. 1000/- by SIP in Reliance Natural Resources-G & stop SIP in ICICI Pru Indo Asia Equity Fund Retail -G (Rs. 1000/-).
My Portfolio is as following:-
1) DSPML T.I.G.E.R. Reg-D, 4.79%
2) Fidelity Tax Advantage-D (SIP), 1.91%
3) ICICI Pru Indo Asia Equity Fund Retail -G (SIP) 1.64%
4) ICICI Pru Infrastructure-D 4.95%
5) Magnum Contra-G 5.30%
6) Magnum Taxgain 5.46%
7) Reliance Diversified Power Sector Retail-G 39.22%
8) Reliance Equity Advantage Fund Retail-G 8.60%
9) Reliance Growth. (SIP) 4.65%
10) Reliance Natural Resources - G 8.79%
11) Reliance Regular Savings Equity - G (SIP) 7.27%
12) UTI Infrastructure - G 5.19%
13) Standard Chartered Small & Midcap Equity-G 2.25%
How is my fund selection? Should I replace any? Which is a better option for SIP - growth or dividend reinvestment? My expectation will be a crorepati in 6 to 9 years by lumpsum & SIPs as mentioned above. When will My Dreams come true? Please suggest me a Good Portfolio. Should I stay invested or opt out for any alternative fund?

vijay121264

 

[Vicky78]

Merge DSPML T.I.G.E.R. Reg,ICICI Pru Infrastructure,UTI Infrastructure --> DSP ML tiger
Merge Reliance Growth, Reliance Regular Savings Equity - G ,Standard Chartered Small & Midcap Equity --> Reliance Growth or Reliance regular Savings Fund

Optional changes
Reliance Equity Advantage Fund Retail-G to Franklin Prima Plus

Basically do not have 2 funds that do the same thing in your portfolio and stick to 4-5 equity funds as much as possible.

 

[vijay121264]

Sir,
I want to know the future of Reliance Natural Resourses Fund. I already send my portfolio to you. Shall I put another Rs. 50000/- in Reliance Natural Resourses Fund.

 

[Vicky78]

Sector funds... well they are risky and the investor is the best judge of it.

 

[mrindia]

NFO that too THEMATIC-- Double Trouble

 

[kimat]

Here is my portfolio:

Birla Index Fund - D
Birla Midcap Fund - D
DSP ML TIGER - D
Reliance Growth - D
SBI Magnum Multiplier Scheme 93 - G
Franklin India Index Fund Nifty Plan -D

I would like to receive feedback on my choices. I am willing to take risks at this stage and plan to keep buying on dips for the next couple of years to build up my portfolio. I have been giving equal weightage to all of the above so far. All comments and criticisms welcome.

 

[Vicky78]

Its a good portfolio.

Optionally, if you could purchase Index funds as ETFs its better as they have no tracking error. Like ICICI prudential spice.

 

[Rigid]

@Vicky and all other MF Experts here -

Currently, I've investments in the following 5 equity funds -

1. JM Basic (DR)
2. ICICI Prudential Infrastructure (DR)
2. DSPML T.I.G.E.R. (DR)
3. Kotak Opportunities (DR)
4. Reliance Growth (DR)

I've plans to move the entire corpus from both JM Basic & ICICI Prudential Infrastructure to the remaining three funds in due time. I realized the first two of them and DSPML T.I.G.E.R. are basically inclined towards the same theme and T.I.G.E.R. in my opinion is a conservative thematic fund which serves my purpose well enough.

Now, I'm a long time investor (say, 15-20 years or more) and I've decided to start investing through SIP to DSPML T.I.G.E.R., Kotak Opportunities and Reliance Growth from the next financial year. I'd like to know if these three provides enough diversification or shall I add another fund? If so, I've selected three and will eventually select one of them -

1. HDFC Prudence (Balanced)
2. DBS Chola Hedged Equity (Hedged)
3. ICICI Prudential Spice (Index)

As evident, all three of them sort of minimizes the risk on the entire portfolio. I'm yet to decide which one to select, if at all. Please advice also if you've some other fund in mind.

HDFC Prudence is a great fund but my only concern is the fund size. Will it effect its returns in years to come? I'd like to know the track record of DBS Chola AMC and R. Rajagopal (the Fund Manager). Also, if there are any other Hedged Equity Funds in India. This thing looks quite interesting and somewhat unique. Please reply. Thanks.

 

[Rigid]

Someone reply to my query above. Now I've made matters a bit more complicated as I've to select one from the following funds -

1. HDFC Prudence (Balanced)
2. DBS Chola Hedged Equity (Hedged)
3. HSBC Equity (Large Cap)
4. HDFC Growth (Mixed Cap)
5. Standard Chartered Premier Equity (Mid/Small Cap)

Which one will work better in conjunction with my portfolio given in the post above?