DWQA User Profile TarunSQuestions(5)Answers(1)Posts(0)CommentsThanks much Sreekanth for all your help and suggestions. I was able to re balance our equity portfolio based on your suggestions.Now I wanted to talk little bit on Debt funds allocation. Since there are no short term goals visible, we normally used to put major amount in Arbitrage funds and MIP. Now tax benefit is not available in Arbitrage funds and also return of Birla SL MIP 2 wealth 25 plan (now Aditya Birla Sun Life Regular Savings Fund) is 2.75% in last one year.I am not sure of where to put available lumpsum amount for 2-4 years period for good returns. I still have enough emergency fund invested in liquid and arbitrage funds. In worst case I may need to go for balance funds through SIP only but in that case I don't expect to touch money earlier than 6 years. Please advise.Thanks!!On Answer for Individual vs Common family portfolio for couples1. None, I just added 'ICICI Prudential Focused BlueChip Equity-G' around year n half back to increase large cap percentage. And selecting another fund was just for adding diversification. But probably not required here.2. Yes both myself and my wife are investing in ELSS funds for tax saving purpose only. Also I understand ELSS funds are like multicap funds so assume them while calculating multicap percentage in my portfolio.On Answer for Individual vs Common family portfolio for couplesHi Sreekanth,Thanks for your response and yes I have seen these articles earlier as well. Based on my understanding I have curtailed the common portfolio as mentioned below.I still have just one confusion on a multicap fund, not sure if I can continue with HDFC equity or I should pick one of three suggested by you in 'best mutual funds' article. Out of those 3 'Aditya Birla SL equity' seems more suitable. I understand HDFC Equity hasn't been performing well since last few years and this one is the first fund I picked more than couple years back based on someone's advise, at that point of time I didn't have any clue about all these basics.Also you can see our common portfolio doesn't have any fund from well known AMC's like DSP black rock, Mirae Asset and Reliance.Please share your views if this seems good and if you see any more issue with our portfolio. I never wanted to behave like churners trading but I guess this is one time job needs to be done now.ICICI Prudential Focused BlueChip Equity-G5000SBI Bluechip20000HDFC Equity/ABSL Equity11000Franklin India tax shield9000Birla SL tax relief 969000L&T India Value Fund5000HDFC Midcap Opp12000Franklin India Smaller companies10000There are still 8 funds in this common portfolio. I can also think about removing ICICI Prudential Focused BlueChip Equity-G, keeping SBI bluechip as only large cap. Please advise.-Thanks!!On Answer for Individual vs Common family portfolio for couplesThanks much Sreekanth ! As always most clear answer n perfect suggestion. And yes I should have thought about it earlier so that he could have more years of compounding before turning 18, not that awesome uncle I guess 😉On Answer for SIP gift to my 5 years old nephewCrop
