Portfolio Review

[mrindia]

Re: Pls. Validate my MF Portfolio

You have selected nice funds. Allot 40-50% of ur investment in DSP Top100 mr india

Hi,

I have finalized my SIP to the following funds.

1. Sundaram Tax Saver
2. DSPML Top 100
3 Tata Infrastructure
4. SBI Contra

Kindly validate my SIP Folio and let me know your comments

 

[It_is_Andrew]

I started investing in mutual funds few months back. CUrrently my portfolio is as follows:

Reliance Vision - 9k
Birla Sunlife Equity Fund - 7k
DSPML T.I.G.E.R - 7k
SBIMF Magnum Contra - 3.5k

So far I have sustained heavy loss (~-20%) but still continuing with my mannual minimal additional purchages ~ 3500/- every month.

I need a few suggestions -

1) I should be continuing with the current funds with minimal additional purchages every month? or should I stop pouring in or change fund choices??


2) Though a little late, I would like to invest some portion (~5k) in debt oriented schemes where I'll not sustain any losses but make moderately more money than saving bank interest.

So far I have zeroed in in two funds (from my naive observations/research)

LICMF Floating Rate ST- (Dividend or growth ?)
Birla Sun Life Dynamic Bond Retail- (Dividend or growth?)

If I invest in debt funds I would like liquidity and freedom to withdraw money. More like a different version than bank accountif not better?

So investing in debt or floating rate fund is good idea? If Yes, which fund?

Please suggest.

Thanks in advance.

 

[Vicky78]

I started investing in mutual funds few months back. CUrrently my portfolio is as follows:

Reliance Vision - 9k
Birla Sunlife Equity Fund - 7k
DSPML T.I.G.E.R - 7k
SBIMF Magnum Contra - 3.5k

So far I have sustained heavy loss (~-20%) but still continuing with my mannual minimal additional purchages ~ 3500/- every month.

I need a few suggestions -

1) I should be continuing with the current funds with minimal additional purchages every month? or should I stop pouring in or change fund choices??


2) Though a little late, I would like to invest some portion (~5k) in debt oriented schemes where I'll not sustain any losses but make moderately more money than saving bank interest.

So far I have zeroed in in two funds (from my naive observations/research)

LICMF Floating Rate ST- (Dividend or growth ?)
Birla Sun Life Dynamic Bond Retail- (Dividend or growth?)

If I invest in debt funds I would like liquidity and freedom to withdraw money. More like a different version than bank accountif not better?

So investing in debt or floating rate fund is good idea? If Yes, which fund?

Please suggest.

Thanks in advance.

Hi

I was looking at our old posts for a moment bfore replying. First the good part is that your all equity portfolio is down by 20%. Wheras from the time you started investing (about Oct 2007 end) the index is down 30%. So your portfolio which is made up of all out aggressive funds has managed to beat the index.

Continue your sips. Keep a watch on reliance vision.

Adding debt is always fine. Choose a short term debt fund (probably HDFC Hi Short term) because they provide almost the same returns as floting rate in the long term .

 

[It_is_Andrew]

Hi

I was looking at our old posts for a moment bfore replying. First the good part is that your all equity portfolio is down by 20%. Wheras from the time you started investing (about Oct 2007 end) the index is down 30%. So your portfolio which is made up of all out aggressive funds has managed to beat the index.

Continue your sips. Keep a watch on reliance vision.

Adding debt is always fine. Choose a short term debt fund (probably HDFC Hi Short term) because they provide almost the same returns as floting rate in the long term .

Hello Vicky78, Thanks a lot for your reply.

Unfortunately, there is a little wrong assumption, though I posted in this very thread around oct,2007 but I started investing in reliance vision around February, 2008 and other three around april & may 2008.
Considering that they havn't done well I guess

I thought Birla Sunlife equity fund & reliance vision to be the core funds but in reality reliance vision is acting as a mediocre fund (~-20%) and my first choice Birla Sunlife Equity Fund is performing poorly. (~-22%)

Anyway , I am looking forward to atleast 3 years horizon, So I guess I would continue with the SIP. Please tell me If I need any revision of the portfolio.

....................................................


As with debt funds... which might be a better option between -

LICMF Floating Rate ST- (Dividend or growth ?)
Birla Sun Life Dynamic Bond Retail- (Dividend or growth?)
HDFC Hi Short term

 

[malik_mca]

Hi,

I am currently investing in mutual funds via SIP. My current portfolio contains following funds:

FIDELITY TAX G === Rs 1500
HDFC TAXSAVER G === Rs 1500

FRANKLIN FLEXI CAP G === Rs 1000
SUNDARAM SELECT MIDCAP G === Rs 1000


I am planning to invest atleast 3000 rs on monthly basis. Please suggest me which MFs should i consider and shall I continue with current funda or I shall try to switch to some other funds.

Regards,
Sandeep Malik

 

[crazyfutu]

I have started investing in mutual funds from this month.
I have started with small amount of sip 3000 / month in 6 funds ( 500 each)
My current investment are as follows :-

Tax-Savings --
1. Birla Sunlife Tax Relief '96
2. Principal Personal Tax Saver

Open Ended :-
1. Sundaram BNP Paribas Select Focus.
2. JM Basic.
3. Relience Diversified Power Sector.
4. SBI Magnum Contra.

Earlier this year ( Feb'08) I have invested 8000 each in Sundaran Tax Saver and Kotak Tax Saver, But both are running in loss since my investment.

Is these new investment are good i.e. they can generate good profit in next 3-4 years? Experts please Guide.

 

[mrindia]

Hello!
I suggest you to exit Franklin Flexicap & add one of the large-cap (DSP ML Top100, HDFC TOP200, HSBC Equity, Sundram Select Focus etc) to your kitty.
Mr India

Hi,

I am currently investing in mutual funds via SIP. My current portfolio contains following funds:

FIDELITY TAX G === Rs 1500
HDFC TAXSAVER G === Rs 1500

FRANKLIN FLEXI CAP G === Rs 1000
SUNDARAM SELECT MIDCAP G === Rs 1000


I am planning to invest atleast 3000 rs on monthly basis. Please suggest me which MFs should i consider and shall I continue with current funda or I shall try to switch to some other funds.

Regards,
Sandeep Malik

 

[Vicky78]

Hello Vicky78, Thanks a lot for your reply.

Unfortunately, there is a little wrong assumption, though I posted in this very thread around oct,2007 but I started investing in reliance vision around February, 2008 and other three around april & may 2008.
Considering that they havn't done well I guess

I thought Birla Sunlife equity fund & reliance vision to be the core funds but in reality reliance vision is acting as a mediocre fund (~-20%) and my first choice Birla Sunlife Equity Fund is performing poorly. (~-22%)

Anyway , I am looking forward to atleast 3 years horizon, So I guess I would continue with the SIP. Please tell me If I need any revision of the portfolio.

....................................................


As with debt funds... which might be a better option between -

LICMF Floating Rate ST- (Dividend or growth ?)
Birla Sun Life Dynamic Bond Retail- (Dividend or growth?)
HDFC Hi Short term

the index still has lost more about 25% from may 1st. about your 3 core funds Reliance Vision , birla sunlife equity & magnum contra.

Magnum Contra- so far so good, continue your SIPs.

Birla Sunlife Equity - this fund has a high beta. This will fall slightly higher in a correction but shall return better in a bull run. Still it has managed to do good as its benchmark BSE 200 has fallen 23.8% from 1 May 2008.

If you compare the year to date performance on this fund vs the average of all diversified funds even then its not bad. this fund has fallen -41% vs the average 38% .

All in all continue sips and average out the cost with each fall.

Reliance Vision
Its bench mark BSE 100 has fallen about 23% as well. So it is ok. But still keep a watch on this fund.

 

[Vicky78]

Hi,

I am currently investing in mutual funds via SIP. My current portfolio contains following funds:

FIDELITY TAX G === Rs 1500
HDFC TAXSAVER G === Rs 1500

FRANKLIN FLEXI CAP G === Rs 1000
SUNDARAM SELECT MIDCAP G === Rs 1000


I am planning to invest atleast 3000 rs on monthly basis. Please suggest me which MFs should i consider and shall I continue with current funda or I shall try to switch to some other funds.

Regards,
Sandeep Malik

Fidelity tax advange is good. Choose Sundaram tax saver or Birla Sunlife tax relief 96 (more aggressive) instead of HDFC taxsaver.

DSP ML Equity is a better option than franklin Flexicap
Reliance growth is better than Sundaram midcap

Add one large cap fund as Mr India suggested.

 

[Vicky78]

I have started investing in mutual funds from this month.
I have started with small amount of sip 3000 / month in 6 funds ( 500 each)
My current investment are as follows :-

Tax-Savings --
1. Birla Sunlife Tax Relief '96
2. Principal Personal Tax Saver

Open Ended :-
1. Sundaram BNP Paribas Select Focus.
2. JM Basic.
3. Relience Diversified Power Sector.
4. SBI Magnum Contra.

Earlier this year ( Feb'08) I have invested 8000 each in Sundaran Tax Saver and Kotak Tax Saver, But both are running in loss since my investment.

Is these new investment are good i.e. they can generate good profit in next 3-4 years? Experts please Guide.

Sundaram tax saver is good, kotak is also not a bad fund. The issue is more to do with lack of SIP rather than poor fund selection. Do not add too many funds in your portfolio.


This should make an aggreessive portfolio.

Sundaram Tax Saver
Birla Sunlife tax relief 96
Magnum Contra
Sundaram Select Focus
IDFC Premier Equity

Pick DSP ML Tiger instead of JM Basic & reliance diversified power sector fund if you want to invest in the infrastructure space.