Hi Sreekanth,
How are you doing.
About a year back with help of you I did my MF portfolio review.
Now again I would like to take your suggestion and review existing funds.
I have running SIP since last 3+ years on
ICICI Prudential Value Discovery Fund – Direct (G)
Franklin India Smaller Companies Fund – Direct (G)
Since last 1.5 months SIP on
ICICI Prudential Equity & Debt Fund - Direct (G)
Since last 1 year SIP on
Motilal Oswal Multicap 35 Fund - Direct (G)
Also around 3 years back lumpsum investment was on
Franklin India Focused Equity Fund (G)
Aditya Birla Sun Life Equity Fund - Direct (G)
For ELSS lumpsum investment in Axis LTE
Objective is long term 15-20 years for wealth creation
For Debt investment EPF & PPF is there.
SIP fund overlap is max 13%, while Franklin Focused equity and ABSL equity is 21%.
Question
1) How is the SIP portfolio to continue in future?
2) I dont see a need to add a new fund, but correct allocation/review of existing funds should be done.
3) Your advise on Franklin India Focused equity fund, shall I continue in this or reinvest in existing SIP funds?
4) Last one year return on Motilal 35 is kind of negative, yes 2018 was not good for market. your suggestion?
In your last feedback you advised to continue in ICICI Prudential Value Discovery Fund, and it's SIP return not so bad in last year volatile market. Thanks :)
Also please review my wife MF for long term 15 years
Her SIP is on Franklin India Prima Fund - Direct (G)
And lumpsum in ELSS ABSL Tax Relief '96 - Direct (G)
5) Your advice on these?
6) Any large cap fund to add here?
Thanks,
Anuj
3 Answers
Dear Anuj,
Thank you for following my blog posts!
I am doing good and how about you?
You can consider your core portfolio as : Birla Equity, Franklin Smaller Cos fund, ICICI Equity & Debt & Axis LTE.
You may allocate more amount to these funds.
The funds like ICICI Prudential Value Discovery Fund, Motilal Oswal Multicap 35 Fund, Franklin India Focused Equity Fund (G) etc are like value oriented or focused funds which can have higher risk profile. But do note that these are also decent Schemes which have been performing well.
Also, kindly continue with your deposits in EPF/PPF.
The funds invested by your spouse are good ones.
Thanks Sreekanth for the response.
I am doing good.
So do you suggest its good time to move amount from Franklin India Focused Equity Fund (G) in existing Franklin smaller Co & ABSL equity fund?
Thanks,
Anuj
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