Mutual Fund Portfolio Review & Performance

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subbiah asked 6 years ago

kindly review below portfolio as some funds negative returns 1. aditya birla focused fund direct growth Rs5000 (33 SIP completed) Return +8.1% p.a currently SIP stopped 2.Canara robeco emerging equites direct growth Rs7000(52 SIP completed) Return +8.8% p.a 3.franklin india focused direct growth Rs5000 ((52 SIP completeed) Return +8.8%p.a 4.icici value discovery direct growth Rs5000 (46 SIP completed) Return +4.7%p.a 5.icici pru equity&debt dir. growth Rs5000 ((30 SIP completed) Return +7.6%p.a 6.parag parikh long term equity dir. growth Rs7000 (12 SIP completed) Return +12.6%p.a 7.DSP small cap fund Dir. growth Rs4000 (36 SIP completed) Return -3.7%p.a 8.franklin smaller cos Dir. growth Rs5000 (52 SIP completed) Return -0.4% p.a 9.tata equity P/E Dir. growth Rs 4000 (17 SIP completed) Return +3%p.a 10. franklin low duration fund Rs200000 (lumpsum) Return +7%p.a 11.HDFC short term Dir. growth Rs220000 (lumpsum) Return +8.6%p.a 12. bank FD/PPF/SSA /savings A/c Rs400000 (Emergency fund) 13. Shriram transport deposit Rs400000 14. star health family floater medical insurance plan value Rs500000 (Premium Rs13500p.a) As i am a NRI didn't invest in ELSS fund. kindly review portfolio.All long term goals (next 5 to 15yrs) i planned to stop SIP in DSP small, ICICI value, and start in AXIS mid cap. Pls advice and trim some funds.

4 Answers

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Sreekanth Staff answered 6 years ago

Hi, Any specific reason or strategy for choosing/investing in so many multiple funds?? Since how loan have you been investing in these?

subbiah replied 6 years ago

Dear,
As recommended by well wishers and friends i started investing 5yrs back. but now i am realized investing in too many funds is not good. i have no any loan and planned to invest next 5 to10yrs in good funds.(Wealth creation)
so kindly trim my portfolio and advice which fund to redeem or switch. If it is correct i can hold 4 or 5 funds. can i add one midcap fund? (Axis midcap fund)

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Sreekanth Staff answered 6 years ago

Hi, Yes, your understanding of the fact that too many funds in ones portfolio may not be really beneficial. You may come out of icici value discovery fund & Birla Focused. Focused funds may have higher risk profilel than Generic Diversified Funds. If you do not want to take high risk you may retain one Focused fund and one Small cap fund only (you have two focus funds and two small cap funds). Below funds are find :

ICIC Equity & Debt
PP LTE
Franklin Smaller Cos fund / DSP Small Cap
TATA PE Fund

You may add one diversified fund instead of Focused funds. You may continue with your Debt Funds. Related article : Top 15 Best Mutual Funds to invest in 2020 & beyond | Top Performing Equity Funds

subbiah replied 6 years ago

Dear sree,

I have shortlisted below funds to continue…pls suggest
1.canara robeco emerging equities
2.franklin focused fund
3.franklin smaller cos fund
4.icici pru equity& debt fund
5.parag parikh LTE
6.tata equity P/E

pls suggest can i add Axis midcap or birla equity fund or no need to add more fund?
can i continue canara robeco emerging fund?

Tks and regards

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Sreekanth Staff answered 6 years ago

Related Article : Mutual Fund Portfolio Overlap Comparison Tools

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Sreekanth Staff answered 6 years ago

Hi, The listed ones look good. Axis mid-cap & Canara emerging Funds portfolios overlap by around 30%. Though this % is not very high, I believe , adding one more fund can be ignored for time-being.

subbiah replied 6 years ago

Thank you ji for your kind and wonderful suggestion.