Dear Mr Sreekanth,
Following are the funds I’ve currently invested in and their weightage based on the overall portfolio value. I’m a conservative investor and would like balance Debt:Equity ratio as 60:40. Could you please review and suggest a way to re-balance to achieve that goal.
Fund Name
Category
Weightage
Aditya Birla Sun Life Money Manager Fund - Growth-Regular Plan
DEBT
8.44%
Aditya Birla Sun Life Savings Fund - Growth-Direct Plan
DEBT
1.70%
Axis Short Term Fund - Direct Plan - Growth
DEBT
3.88%
ICICI Prudential Regular Savings Fund - Direct Plan - Growth
DEBT
21.00%
SBI Magnum Low Duration Fund - Regular Plan - Growth
DEBT
11.75%
SBI Magnum Low Duration Fund - Regular Plan - Growth
DEBT
10.40%
UTI Money Market Fund Direct Growth
DEBT
13.55%
Axis Bluechip Fund - Direct Plan - Growth
EQUITY
7.74%
ICICI Prudential Value Discovery Fund - Regular Plan - Growth
EQUITY
6.30%
SBI Equity Hybrid Fund - Regular Plan - Growth
EQUITY
8.71%
L&T Emerging Business Fund - Regular plan - Growth
EQUITY
1.03%
HDFC Balanced Advantage Fund - Regular - Dividend Monthly
Hybrid
5.49%
- In the above list, I currently have SIP running for Axis Bluechip
- Other fund I’m looking is Axis focused 25 , either via STP or SWP and purchase option
- Besides the above, I’ve some funds locked in FI Low duration and FI Ultra short bond funds. Haven’t considered them in above weightage, as in a way I’ve to wait for the fund house to settle them. Please do let me know, where should I be investing, whatever the funds I get out of these two too
7 Answers
Dear Sreekanth,
Investment objective is Capital preservation and to beat the inflation. I'm 52 and want to organize these in a way so that they can be rightly managed and to have them earn some profit towards building retirement funds
regards
Srinivas
Dear Srinivas ji,
Are you willing to take some risk with your investments?
Hope you are aware that 'capital preservation' may not be possible even with Debt funds as well??
Of course Sreekanth. As you probably have seen from my initial message, I got the first hand experience from FI Debt funds :)
What I meant to say is that not an aggressive investor. that's all
Dear Srinivas ji,
You may continue with your investments.
But advisable, to avoid investing in mid/small cap funds (L&T emerging) and Focused Funds..
Dear Sreekanth,
I keep reading suggestions to invest only in handful of funds, for better management. In that sense, can you suggest any way of consolidating the investments to few funds across debt and equity and also my initial question on rebalancing 60:40 debt to equity.
If the fund details are not clear from my message, let me know, so that I can try to send it a compact way, as the table format I sent, didn't get translated properly in the blog
And, btw, Srinivas is fine, no 'Ji' needed :)
regards
Dear Sreekanth,
Is it advisable to exit L&T Emerging at this time. Read some news article recently that in 2021 mid/small caps might do well. Also, please let me know your thoughts on rebalancing my PF to have 60:40 Debt to Equity. For your other question earlier, yes willing to take some moderate risks
regards
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