Equity MF Portfolio Review

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Mukul asked 9 years ago

Hello Sree, review my SIPs - all are direct growth investments using mutual fund utility. Investments started in Oct 2015. Plan is to invest for next 18 years. Axis LTE - 4K/m ABSL Top 100 - 3.5K/m HDFC Balanced - 2.5K/m Mirae asset Emerging bluechip - 3K/m

what do u call this type of portfolio - aggressive, moderate ....
My current accumulation in MF is 1.7L and value is 2L. I am investing 13K per month.
ABSL top 100 if merged with ABSL frontline equity due to recent SEBI notification then how it will impact as frontline has 18thousnad Cr AMU. top 100 has 4thousnad Cr AMU. So what should I do in that case...
Can you suggest me one multicap which has minimum overlap with my portfolio.

3 Answers

0 Vote Up Vote Down

Sreekanth Staff answered 9 years ago

Dear Mukul, 1 - It is not a very aggressive portfolio, may be a moderate to aggressive one, as 6k (45%) of your allocation is going to large cap / balanced funds. 2 - Let's wait for more information on the re-categorization. If merged, you may continue with the (new) fund. 3 - I believe that Axis LTE though it is an ELSS funds, can be considered as a typical Multi-cap fund. Related articles : https://www.relakhs.com/mutual-fund-portfolio-overlap-comparison-tools/ https://www.relakhs.com/best-mutual-fund-scheme-risk-ratios/

Mukul replied 8 years ago

hello sree,
I am Planning to add principal emerging bluechip fund to my portfolio.
this is mid cap oriented diversified fund.
will it be good selection. Share you thought..

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Sreekanth Staff answered 8 years ago

Hi, You already have a mid-cap fund ie Mirea emerging, so ideally not required. However, you can check the portfolio overlap of these two and take a call. (It is a decent fund, but given a choice I prefer HDFC mid-cap opp fund to it).

Mukul replied 8 years ago

Thanks Sree,
Over lap is 23 %. Is there any other parameter I should check for.. Please guide..

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Sreekanth Staff answered 8 years ago

Hi..There is no thumb-rule as such. If overlap % is say 60% then there is no point in investing in two funds with such overlap. Around 20% should be fine, but do note that Funds' portfolios can change over a period of time.

Mukul replied 8 years ago

Hi Sree,

over the time my portfolio looks like as:

all are direct growth investments for 18 years of time frame. Please advise if you see risk with my investments:

1. Axis LTE – 4000/m
2. ABSL Top 100 – 3500/m
3. HDFC balanced – 2500/m
4. ICICI pru val discovery – 1000/m
5. Mirae asset emerging bluechip – 3000/m
6. Principal emerging bluechip – 3000/m

question:
1. Total investments is 2.13 Lac. Accumulated value is 2.40.
2. Please review my portfolio. Do u want to recommend any changes…
2. HDFC balanced has time horizon of 7 years.

Sreekanth Staff replied 8 years ago

Hi,
Looks fine to me!
If you have additional funds, you may kindly use this market correction to make some additional investments in Diversified or Mid cap funds. I believe that markets may remain volatile this calendar year and will give good opportunities to make investments.