Portfolio Review

[ramesh004]

Re: My Current Mutual Funds Portfolio: Please advise...

Hi ...Thanks...

DSP ML Tiger, TATA Infrastructure, Stan charted Premier Equity and HDFC Mid-cap funds are 7 months old funds. Others are just 3-4 months. Reliance RSF and JM Basic are less than a month.

Please could you or any one can advise me what to keep and for how long. What should I add?

Thanks

Ramesh

 

[cool_archie]

Re: My Current Mutual Funds Portfolio: Please advise...

Don't add anymore funds you have too many.
I fell one should have maximum 6 or 7 funds.
For infra choose between DSPML Tiger or ICICI Pru
In mid-cap choose between Std Chart. Pre. Equity or JM Basic

 

[It_is_Andrew]

Hi Everyone,

I am very new to mutual funds (or to any sort of investing).
Going to invest 20k in next 2 weeks, starting this Saturday so need to come to a decision quick.

I have tried my best to read & learn from various sources & also spent lots of time in this forum. I have chosen two sets of funds (still incomplete) & now in dillema/confusion.

A] The first set goes like this:
1) Birla Sunlife Equity Fund.(Growth) - 5k
2) Reliance Growth.(Growth) - 5k
3) DSP ML Tiger Reg.(Growth) - 5k
4) A good lower risk DEBT Fund (havnt searched yet please suggest) - 5k



B] The second set goes like this:
1) Magnum Contra(Growth) - 5k
2) Reliance Growth.(Growth) - 5k
3) DSP ML Tiger Reg.(Growth) - 5k
4) A good lower lirk DEBT Fund (havnt searched yet please suggest) - 5k

I have also Sundaram BNP Select Focus in mind donno where to place (if atall)


I will be 'one time' investing for now, thinking on investing direct to AMC.
Is it a good time to invest specially 'one time investment' or must I opt for SIP. If yes then on which funds? (I might be making manual further investments later months of 1/2k)
Will be investing medium/long term(~> 3 yrs)

I will really appreciate it if anyone experinced can reply my naive questions

Thanks & Regards,
Andrew

 

[It_is_Andrew]

Senior investers please reply to my query above.
Sorry for double posting but the thread seems to be ignored.

 

[mrindia]

Hello andrew!
Although you have not mentioned your age/risk appetite/your investment in other debt instruments/time horizon etc, I assume that you must be young (30-35) n having average risk appetite with 3-5yr time period.
Go for
Reliance Vision Gr 50%
Hdfc Prudence 25%
Magnum Contra 15%
DSPML TIGER 10%

Happy Investing
mr india

 

[It_is_Andrew]

mrindia thanx for the reply.

I am 24 with above average risk apetite. I dont want to loose my little money but not financially dependent on that part.
I am looking for long term investment ~3yrs.

Could you please tell me if there was anything wrong with the list i was thinking about.
Or why have you suggested the new structure, merits & demerits.... I would reallu like to understand the platform./

 

[mrindia]

Hello!
I retained Magnum Contra n DSPML TIGER from your choices. Now in the backdrop of the information provided by you, I am trying to explain afreash.
As you have 'above average' risk appetite, age 24, you may reconsider your choice of including one 'debt fund' in your 20k portfolio. HDFC Prudence being an equity oriented hybrid fund will have some debt exposure in itself. Birla Sunlife short term will be alternate choice if you want to take debt fund.
I wanted to create a strong 'core' in the portfoilf course, Birla Sunlife Equity n Reliance Vision can be interchanged, former being multicap & latter large cap, both have four star rating. Reliance Vision has more than 10yrs good track record with it.
Thematic & contra funds should have 25-30% portfolio weight, not more.

Happy investing
mr india

 

[It_is_Andrew]

Hello!
I retained Magnum Contra n DSPML TIGER from your choices. Now in the backdrop of the information provided by you, I am trying to explain afreash.
As you have 'above average' risk appetite, age 24, you may reconsider your choice of including one 'debt fund' in your 20k portfolio. HDFC Prudence being an equity oriented hybrid fund will have some debt exposure in itself. Birla Sunlife short term will be alternate choice if you want to take debt fund.
I wanted to create a strong 'core' in the portfoilf course, Birla Sunlife Equity n Reliance Vision can be interchanged, former being multicap & latter large cap, both have four star rating. Reliance Vision has more than 10yrs good track record with it.
Thematic & contra funds should have 25-30% portfolio weight, not more.

Happy investing
mr india

Thanks again for the details mrindia.

Many people advised Magnum contra (which is shown as a sectoral fund SBI MFSU Contra in their website) is actually a diversified equity fund. I am little confused as to how should I look upon this fund & should it hold major portion of the investment.

I would really appreciate some competitive advice on
1)Sunlife Birla Equity Vs. Reliance vision. (birla seems to have higher return history!)
2) DSP ML T.I.G.E.R Vs. Reliance Growth(which i considered at first) .


As I am planning on spending a lump sum on other things, The investment may go slow.
So just in case which are the funds among the chosen ones which I should start investing right away? (basically, is the timing good? good enough to say I might miss an oppurtunity?)
(I am planning on investing in 2 mfs right now 5k each & other two in coming months..... I also plan to invest regularly in these funds 6k(2k+2k+1k+1k) monthly, not via SIP but manually each month, that is why I would prefer online investment facility on existing folio :| )

As per my choice & mrindia's recommendation The chosen funds right now are -

Birla Sunlife Equity / Reliance Vision - G ~33%
HDFC Prudence - G ~33%
Mangum Contra (that is SBI MSFU Contra) - G ~16%
DSP ML T.I.G.E.R - G - 16%

(the % is calculated considering the situation I plan to achieve in next 4 months, other funds I considered were Reliance Growth)

Sorry for being so complex with my probs, but any more help would be really appreciated.

 

[swama694]

birla sunlife equity is a flexicap fund
reliance vision is a large cap fund
My personal opinion is to have reliance vision, birla sunlife equity and magnum contra as core funds with reliance growth and DSPML tiger as satellites.
70% core
30% thematic + infra

happy investing

Swama

 

[Vicky78]

Thanks again for the details mrindia.

Many people advised Magnum contra (which is shown as a sectoral fund SBI MFSU Contra in their website) is actually a diversified equity fund. I am little confused as to how should I look upon this fund & should it hold major portion of the investment.

Magnum Contra is a sector umbrella fund...meaning it invests across all sectors.

I would really appreciate some competitive advice on
1)Sunlife Birla Equity Vs. Reliance vision. (birla seems to have higher return history!)

As swama said, Birla Sunlife Equity is multicap fund whereas reliance vision is a large cap fund. Reliance Vision was launched in 96 and birla sunlife equity was launched in 98. 96 and 97 were not a very good time for equities. So in terms of a long term performance both can be considered equal.

Both these funds can be the part of your core portfolio.

2) DSP ML T.I.G.E.R Vs. Reliance Growth(which i considered at first) .

DSP ML tiger is a thematic fund. It stands for The Infrastructure Growth and Economic Reforms fund. It invests in infrastruture comapnies and other companies that are benefited through economic reforms for example retail or civil aviation in 2005. Reliance Growth is an aggressive oppurtunistic fund. It has a considerable churn in its portfolio. It has one of the best long term track record among all equity funds and has delivered in line with the degree of aggression consistantly. One concern with this fund is its fund size. It is the largest fund in the industry. That may slow returns in the future. But till now, the fund manager has handled this huge asset base very very well.

As I am planning on spending a lump sum on other things, The investment may go slow.
So just in case which are the funds among the chosen ones which I should start investing right away? (basically, is the timing good? good enough to say I might miss an oppurtunity?)
(I am planning on investing in 2 mfs right now 5k each & other two in coming months..... I also plan to invest regularly in these funds 6k(2k+2k+1k+1k) monthly, not via SIP but manually each month, that is why I would prefer online investment facility on existing folio :| )

Personally I prefer SIP. Everybody has their own investment strategy and I am sure their strategy works the best for them.

As per my choice & mrindia's recommendation The chosen funds right now are -

Birla Sunlife Equity / Reliance Vision - G ~33%
HDFC Prudence - G ~33%
Mangum Contra (that is SBI MSFU Contra) - G ~16%
DSP ML T.I.G.E.R - G - 16%

(the % is calculated considering the situation I plan to achieve in next 4 months, other funds I considered were Reliance Growth)

Sorry for being so complex with my probs, but any more help would be really appreciated.

This should make a good aggressive portfolio of equity funds. You could include Reliance Growth to add aggression to your portfolio. But stick to 4-5 equity funds and do not exceed them.
DSP ML Tiger (20%)
Birla Sunlife Equity (20%)
Magnum Contra (20%)
Reliance Vision (20%)
HDFC Prudence (20%)