Portfolio Review and Recommendations

Q & A Forum › Category: Investments › Portfolio Review and Recommendations

asmakapur asked 8 years ago

Dear Sree, Please have a detailed look at my existing portfolio.

SIPs in the below since May 2016 (1 n half years):

Axis Long Term Equity – 3000/m Franklin India Prima Fund – 3000/ m HDFC balanced fund- 2000/m ICICI Value Discovery Fund – 2000/m DSP blackrock micro cap fund -2000/m Franklin India Smaller Companies fund – 2000/m

ICICI dynamic bond – 50K since 1 n half years
Franklin Treasury Managemnt liquid – 75K (sep 2016)
Reliance Cash liquid plan – 75K (sep 2016)
Term Insurance – 1cr from ICICI
Health Insurance of 2lakh from employer

Now the queries:

Is the portfolio fine or do I need to overlook?
Should I take out from liquid funds as it’s been more than a year and where do I invest that surplus? (except FD)
I need to add 5-6k more in SIP. Should I increase in any of above or start a new fund?
Thinking to stop ICICI Pru Value discovery and put in SBI Bluechip/ SBI Magnum Multicap fund - SIP
Considering Birla Sunlife MIP II wealth 25 – SIP or lumpsum?
I want to save 15-20K / month. should I start RD or any other safe bet – for an year
Is it advisable to invest in SBI small and midcap fund for a year as it is giving close to 60% returns – SIP or lumpsum?
Is there any good fund for lumpsum investments – like 50k – 1lakh? Although I know SIP is always better considering Market volatility.
Major concern is about the surplus in liquid funds and new saving around 20K in some good alternative for a year or so.

Thanks & Regards, Asma Kapoor

2 Answers

0 Vote Up Vote Down

Sreekanth Staff answered 8 years ago

Dear Asma, 1 - Equity portfolio looks fine - I am assuming that your investment time-frame is long-term. 2 - Kindly hold on to dynamic bond fund for long-term. The other two debt funds, are they part of emergency fund plan? 3 - Kindly do not depend entirely on company provided health cover, can consider buying a stand-alone cover. Related articles : https://www.relakhs.com/employer-based-health-insurance-plans-vs-individual/ https://www.relakhs.com/best-health-insurance-comparison-websites-portals/ 4 - Increase in SIP amount- If this towards your long-term goals, you may add it to your existing funds. (If tax saving is done with, can add the additional amount to other funds excet Axis LTE fund). 5 - Any reason for planning to stop SIP in ICICI Value discovery? 6 - Birla Sunlife MIP II wealth 25 - Your investment objective and time-frame?? 7 - You already have existing SIPs in Franklin & DSP micro-cap, another mid/small cap may not be required. Do not churn your portfolio (or add more funds) based on short term performances (negative or positive).

asmakapur replied 8 years ago

Thanx Sree for the information

1. Yes the investments are mostly for my son’s (5 years) future education purpose.
2. Yes the liquid funds in Franklin and reliance are EF funds. But I am not clear that weather they should be invested for more than a year or taken out and then again invested.
3. Will surely look into buying a health plan soon
4. Tax saving is kind of done
5. Not very happy with the performance of ICICI Value discovery for past few months. It has been removed from most of the top funds list too. So if I can switch to SBI bluechip pr SBI multicap fund?
6. Birla Sunlife MIP II wealth 25 – Want to add a debt related aggressive fund.. for 2-3 years timeframe or maybe more.
7. Yes I do not want to touch my long term portfolio which is all the above funds that I have mentioned. Only thing is to invest something for short term in high yielding funds.
8. As mentioned earlier where should I invest around 15-20K per month( for 2nd EF) for an year.. is RD a good option?

Regards,
Asma

0 Vote Up Vote Down

Sreekanth Staff answered 8 years ago

Dear Asma, 1 - In case of Emergency fund planning, not advisable to churn portfolio and do not chase returns. Kindly read : https://www.relakhs.com/emergency-fund-importance/ 2 - ICICI Valuediscovery - Advisable not to churn portfolio based on short term negative/bad performances. 3 - Birla MIP II is an aggressive debt-oriented hybrid fund. Kindly read : https://www.relakhs.com/best-monthly-income-plans-india-mutual-funds/ 4 - 2nd EF : kindly refer to article as suggested in point no.1.