My New Mutual Fund Portfolio | My Equity MF Investments

The corona-virus pandemic has thrown most of the global economies into a tailspin and shaken financial markets and investors profoundly.

We are witnessing – salary cuts, lay-offs, huge drop in business revenues and professional incomes.

These challenging times, reiterate the importance of ‘core financial planning principles‘ – Asset allocation, diversification, re-balancing, living within means, lower exposure to debt (loans/mortgages) etc.,

This is a real test for us as investors. Some of us are getting jittery because we are watching our overall investment returns deteriorating and some of us are thinking it is an opportunity to add more to our existing investment portfolio.

Every individual is different and that is what makes us unique—some see problems while others see opportunity! It is a right time to relook / review at one’s own investment strategy.

My new Equity Mutual Fund Portfolio 2020

I have been investing in Equities since 2003 and Mutual Funds from 2009 onwards. A major chunk of my investible surplus now goes towards mutual fund investments for two of my important financial goals i.e., my Son’s higher Education and my retirement (wealth accumulation).

Below is the investment planning process that I follow without fail for my financial goals.

My Investment Planning Process
Investment Planning Process

My previous article on ‘my MF picks(published in June, 2019) I had mentioned below mutual fund schemes as part of my MF portfolio;

  • Medium Term Goal(s)
    • HDFC Hybrid Equity Fund (erstwhile HDFC Balanced Fund)
  • Long Term Goal
    • Axis Long Term Equity Fund
    • UTI Nifty Next 50 Index Fund
    • HDFC Hybrid Equity Fund
    • Franklin Smaller Companies Fund

Below are the changes made to my Equity Mutual Fund Portfolio;

  • We (my spouse & myself) have decided to opt for ‘new tax regime‘, hence ready to forgo Section 80c tax deductions. So, I have decided to discontinue my future investments in Axis LTE ELSS Tax Saving Fund (will hold on to the existing units though).
  • I have decided to discontinue my future investments in Franklin Smaller Companies fund as well, but, will keep the existing units.
  • I have added one more Equity Hybrid Fund to my MF portfolio – SBI Equity Hybrid Fund.
  • So, I have been actively making investments in three Equity Mutual fund schemes for now;
    • HDFC Hybrid Equity Fund
    • UTI Nifty Next 50 Index Fund &
    • SBI Hybrid Equity Fund
My latest mutual fund portfolio MF picks 2020 Equity Mutual funds for my financial goals
My latest Mutual Fund Portfolio

Some more important points on my investment planning & strategy..

  • You can notice that I am currently not investing in any Debt Mutual Fund Scheme(s).
  • For Emergency Fund, we (family) used to invest in Fixed Deposits & Liquid / Arbitrage Funds. We now prefer to keep the ‘rainy day fund’ in Bank Fixed Deposits only.
  • I follow a combination of SIP + Lump sum investment strategy. Off-late, my SIP amounts are meager and prefer to invest additional sum whenever financial markets give us an opportunity. I have made lump sum investments during March – May 2020.
  • Besides Emergency Fund (Cash Fund), we also maintain a ‘Crash Fund‘ to invest lump sum amount (additional investments) in MF portfolio & Equities whenever there is a market crash/downturn.
  • Whenever I review the performance of my mutual fund portfolio, I give first priority to check my overall Portfolio returns. I do not initially get too worried about the not-so-good performance of individual Fund/scheme.
  • I prefer to compare my Funds’ performances primarily with their Benchmark returns and not with its Peers. Trust me, the best performers list keeps changing every year, so the best strategy is to stick to consistent performers and also the Funds with decent ‘downside protection‘. (Though SBI Hybrid Equity Fund has relatively lower downside protection, it has been performing well during bull-run phases.)
  • I make sure that I keep an eye on ‘who are the fund managers’ of the MF schemes that I have invested in.
  • As much as possible, I make sure that overlap % among my Equity Mutual Funds is reasonable. It should be as little as acceptable because if there is a 50-70 per cent overlap then this diversification (holding multiple funds) is only optical. Actually, there is very less diversification. In case of equity, the least of overlap is more desirable. (But, do note that the Fund Portfolios do change over a period of time, so keep keep a track of overlap %.)

So, are these the only best Mutual Fund Schemes to invest for your financial goals? – The answer is NO. These are just my Picks.

Please note that the above mentioned Mutual fund investments are done based on my financial risk profile and goals. This article is for information & knowledge sharing purposes only. If required, kindly take help of a Registered Investment Advisor in designing a Portfolio that is based on your requirements.

Continue reading :

(Post first published on : 30-June-2020)

About The Author

  • Ksam says:

    Hello Sree,

    Hope you had a great start to 2022.

    I want to invest 15 lakhs, this is money I do not need for long term so want to use it for wealth accumulation. I was thinking of parking these funds in Parag Parik Flexicap & UTI Nifty (50-50). I am confused about making a lump-sum investment or transferring in instalments. Was wondering what would you do if you were me.

    Looking forward to your advise, thank you so much!


  • Vikas Vyas says:

    Dear Sreekanth

    Thank you for your valuable posts. I read them regularly and now have a financial goal with time frame. Earlier I used to invest in lot of funds with no direction.

    My query is about the Debt component. Apart from PPF, can I continue investing in Liquid and Arbitrage Funds. My goal is 10 to 12 years away for retirement.

    I am investing in Parag Flexi Cap and UTI Nifty Next Index apart from HDFC Hybrid for equity.

    I plan to rebalance them with Parag Liquid and UTI Arbitrage which will form debt component of my portfolio apart from PPF.

    Your advice in this will be helpful.


    Vikas Vyas

    PS: I still wonder for your long terms goal why you shifted to only Bank FDs. Of course Capital protection will be running high in your mind but do you feel even Liquid / Arbitrage funds could erode capital for long term say 10 years plus? Just trying to understand the core belief behind your decision to make my decision 🙂

    • Sreekanth Reddy says:

      Dear Vikas,
      Thank you for following my blog posts!
      May I know your Debt to Equity allocation ratio? Do you contribute to the EPF/NPS Scheme?

      My Debt portfolio:
      Kindly note that Banks FDs are part of my Emergency Fund & Crash Fund and not for long-term goal.

      • Vikas Vyas says:

        Dear Sreekanth

        Thank you for your response.

        My original allocation Equity to Debt was 60 : 40. Now it is 70 : 30 and I want to re-balance back to original asap.

        No I do not contribute to EPF / NPS. I am self employed and my debt component is PPF where I try to max out 1.5 lacs each year. I have 2 other debt funds too but I want to revise strategy to try and invest in lowest risk possible. So while I will take more risk in Equity investments, I do not want to lose sleep where I am investing in Debt Funds and not bother about returns.

        After painstaking churning of portfolio and finally finding some direction, here is my current portfolio. I now want to keep it as simple as possible.

        Equity 60% of total portfolio

        HDFC Hybrid / Mirae Hybrid (40% )
        PPFAS Flexi (40%)
        UTI Nifty Nxt 50 (20%)

        Debt 40% of total portfolio

        PPF (Main component as of now)
        HDFC Short Term
        Franklin India Savings (money market)

        Now I want to add UTI Arbritrage and Parag Liquid, just add little to HDFC Short Term debt and phase out Franklin Savings. To compensate of investing in these very low risk funds therby poor returns, i will try to invest more in PPFAS Flexi and UTI Nifty Nxt 50 than Hybrid funds

        Your thoughts on this please.

        What is your long term debt component of the portfolio please?



        • Sreekanth Reddy says:

          Dear Vikas,
          Good strategy wrt Debt allocation!
          You may kindly go ahead add UTI Arbitrage and Parag Liquid to your debt allocation.

          I do not invest in any Debt options. I maintain a very high corpus towards Emergency fund and Crash Fund.
          I have equity allocation to Equity MF and Direct Stocks. My Equity MF is for long term goals.

          • Vikas Vyas says:

            Dear Sreekanth.

            Thank you, that is reassuring! I will go ahead.

            I assume you are several years away from retirement. Out of interest may I know your Equity to Debt allocation please.

            Still curious about your strategy. As whatever and where I have read, all seems to be suggesting that only for immediate needs and emergency, one should invest in FDs. FDs not only have very poor return but also eats up due to taxation. My guess is apart from Bank FDs, you may be having NPS or EPF for the debt component.

            Whereas in Liquid funds you get benefit of indexation and you are charged only when you redeem. So my guess is you are contributing more in Hybrid equity to maintain stability.

            I have already got my answer and I am going to go ahead, but just asking for my knowledge.

            Thanks again

            Vikas Vyas

          • Sreekanth Reddy says:

            Dear Vikas,
            Due to certain personal life priorities I save in FDs and no other debt investments.
            I invest almost 90% of my disposable income in Equity MFs. The remaining 10%, I keep it either as addition to Emergency Fund or Crash Fund.

          • Vikas Vyas says:

            Dear Sreekanth

            Thank you so much for the insights.

            Finally after brainstorming of selection of funds in Debt for the past week, I will go ahead with the re-balancing back to 60E to 40D.

            My best wishes. I appreciate you provide your knowledge to many readers like me.


          • Sreekanth Reddy says:

            All the very best dear Vikas!
            Keep visiting ReLakhs and kindly do share the articles with your friends! Thank you!

  • Gaurav says:

    Hi Sreekanth,
    Need advice- yet again 🙂

    Please suggest one/multiple MFs to invest in.
    Goal: daughter’s education, safe fund.
    Time frame: education- 15 years. Safe Fund- 15 years.
    Financial goal: education- 1 cr. Safe Fund- 1 cr.
    Risk capacity: medium.

    Thanks a lot

  • Raj says:

    hi Srikanth-

    I really appreciate your blogs and started my investment journey in a methodical way by reading them a couple of years ago.

    when do you plan to come up with your recommendations for MF investments in 2021.

  • kuntal says:

    Hi Srikanth,
    I would appreciate if you give your views on international diversification in equity mutual funds (say around 25% of total, or 1 fund, if I have total 4 funds). Not for enhancing returns, but for reducing risk, as other markets have at least some negative correlation to ours.

  • MUKUND says:

    Dear Srikant, I am 56 years old with decent earning each month. I got the return from SBI Dual Advantage Fund – Series XXIV – Regular which i want to reinvest around 10 lakhs amount.



  • Tejaswi says:

    Hi Sreekanth Garu,

    Thanks for the noble work you are doing by sharing your knowledge. I would like your inputs on my below questions.

    I plan to save for my children’s education. I have done the goal setting and asset allocation. I want to invest in 2 mutual funds for the equity part. I have chosen Hybrid Aggressive as one category for both of the kid’s portfolio. (15 and 18 years investment horizon for both kids respectively.)

    I have listed the following funds:
    Canara Robeco Equity Hybrid
    SBI Equity Hybrid.

    HDFC hybrid equity and ICICI debt equity seem to be performing poorly recently?

    What is your opinion on this?
    Also, I have observed that Canara hybrid fund is not listed in Most of the top performing lists, even though it appears to have consistent performance and better risk ratios.

  • Harinath says:

    Hi Srikanth,
    I am having 10 years old daughter. I am planning to open SSY on her name ( not for tax purpose) I have to wait for 11 more years to withdraw accumulated amount.
    Instead if I invest same amount in MF i may get more returns for her marriage as I have more than 11 years for my investment. please advice.
    Refer good MF for my child for her marriage after 15 years. My age is 48 years. I am moderate to aggressive investor. I have own house & other assets to meet debt portion.

  • Sudhi says:

    Hi Sir,

    My age is 38 and below is my portfolio:

    Equity ( I have SIPs running):
    Motilal Oswal Multicap 35 Dir Gr
    Canara Robeco Emerging Equities Dir Gr
    ICICI Pru Equity & Debt Gr
    ICICI Pru Savings Dir Gr
    ICICI Pru Value Discovery Gr
    SBI Bluechip Reg Gr
    HDFC Mid-Cap Opportunities Dir Gr
    HDFC Hybrid Eq Dir Gr

    Debt ( No SIPs):
    HDFC S/T Debt Dir Gr
    SBI Magnum Gilt Fund Direct Growth
    ICICI Prudential Corporate Bond Fund Direct Plan Growth
    Nippon India Banking & PSU Debt Fund Direct Growth
    Axis Treasury Advantage Dir Gr

    My Investment horizon is 5-10 years. Can you please review my portfolio and advice. Thanks in advance.

    • Sreekanth Reddy says:

      Dear Sudhi,
      May I know your investment objective?
      What is your investment strategy wrt Debt fund picks?

      • Sudhi says:


        My investment strategy is long term capital appreciation and the debt fund is just for adjustment. Debt funds can be used to put money in equity when the market is low plus a little bit of appreciation. Although I have FD’s and RD’s for an emergency. Thank You.

        • Sreekanth Reddy says:

          Dear Sudhi,
          You may have a re-look at ICICI Pru Value Discovery Gr fund.

          Suggest you to also check fund overlap among the equity funds.
          Hope you are aware of the risks associated with the Debt funds and they can also give NEGATIVE returns.

          • Sudhindra says:

            Thanks a lot. Can I keep the ICICI Pru Value Discovery Gr fund and remove SBI blue chip? Shall I add ICICI balanced advantage instead of ICICI equity and Debt fund? Thanks, I will move debt funds to liquid of ultra short term.

          • Sreekanth Reddy says:

            Dear Sudhindra,
            You may move out of Discovery fund and retain ICICI E&D.
            Kindly note that liquid and Ultra short term also fall under Debt fund categories..

          • Sudhindra says:

            Thank you. Ya, I need a debt fund for rebalancing during a volatile time in the market :). Of late (a year or so) ICICI E&D is not performing well so I was a bit concerned. Do you want me to keep SBI blue seeing it’s under performance?

          • Sudhindra says:

            Thank you.
            I saw your blog and was impressed so I thought to review my portfolio. As I told you I have a long term horizon (minimum 10 years).

            Answer for your questions ( and counter questions too :))

            1) I need a debt fund and manage it quite well :).
            2) Of late (a year or so) ICICI E&D is not performing well so I was a bit concerned.
            3) Do you want me to keep SBI blue seeing it’s underperformance?
            4) On which basis you are ruling out the Discovery fund?

            Let me know your thoughts. Please reply to my below equity funds.

            Motilal Oswal Multicap 35 Dir Gr
            Canara Robeco Emerging Equities Dir Gr
            ICICI Pru Value Discovery Gr
            SBI Bluechip Reg Gr
            HDFC Mid-Cap Opportunities Dir Gr
            HDFC Hybrid Eq Dir Gr
            ICICI Pru Equity & Debt Gr

            In the short term, I have debt and arbitrage funds.

          • Sudhindra says:

            Thanks a lot.
            1) Can I keep the ICICI Pru Value Discovery Gr fund and remove SBI blue chip?
            2) Shall I add ICICI balanced advantage instead of ICICI equity and Debt fund?
            Thanks, I will move debt funds to liquid or ultra short term. Or may keep for 3 or more years to reduce risk.

          • Sreekanth Reddy says:

            Dear Sudhindra,
            1 – You can have a look at large cap index funds instead of active large cap funds like SBI bluechip. Based on its performance plus your existing portfolio, I have given suggestion on Discovery fund.
            2 – Are you expecting higher returns from a fund like ICICI Equity and Debt?

          • Sudhindra says:

            Thank a lot.
            1) I have already started investing in Nifty 50 ETF will stop SBI blue chip.
            2) No much expectation from Hybrid ( You already know :)). In fact, I am thinking to move to ICICI balanced advantage fund. What are your thoughts on the same?
            3) The debt funds I won’t remove within 3 years for sure. I have clearly had goals set on that and studied credit risk and other things.
            4) I will continue Canara and Motilal 35.

            Thanks a lot for your guidance.

          • Sreekanth Reddy says:

            Dear Sudhindra,
            1 – Ok.
            2 – But why ICICI balanced advantage fund? (Reason for picking this fund)
            3 – Ok

  • Roy says:

    Hello Sreekanth,

    Good afternoon!

    Trust all well with you .

    Needed your guidance as I am rebalancing my portfolio.

    1.Franklin India smaller companies fund has been underperforming for quite long ,hence intend to discontinue the same and keep the units balance or should I give it some more time. The same goes for Franklin India Taxshield ,the other reason also being that tax requirements are being met through PPF and my daughter’s school fees.If the call is to discontinue these 2 funds then should I divert the ongoing sips towards other ongoing fund sips or lumpsum investment or PPF or anything else you suggest.
    2.)Want to invest a lumpsum of 50 k (emergency fund) in a liquid fund or bank fd.As of now emergency fund of 50 k each parked in Sbi magnum short term fund/Quantum liquid fund and Franklin India ultra short bond fund.

    Please advise.

    Best regards,

  • Srinivasa Rao says:

    Hello Mr. Sreekanth,

    I am 53 years old now, working in a Pvt. organization. I dont have much experience in Mutual funds except invesing some amount in Kotak Balanced Advantage fund a year and half ago.

    My goals are:
    1. To get some lumpsum amount by 2023 for the use of higher education for my son.
    2. Keep some amount for next 5 years for use after my retirement

    Could you please suggest some funds that I can invest and keep for next 3 years and
    5 years.

    Thanks in advance.

    Srinivasa Rao

    • Sreekanth Reddy says:

      Dear Srinivasa Rao ji,
      Are you planning to invest in SIPs or lump-sum amount?
      Have you arrived at the required or expected goal amounts for your son’s education & retirement? In which asset classes have you currently invested in?
      May I know if you can afford to take risk??

      • Srinivasa Rao says:

        Hi Mr. Sreeknath,

        I would like to invest in both lump sum and SIP mode as I have some money right now. I can invest from Nov onwards on a monthly basis as my home loan EMIs (31,000) will be over by then.

        My investments are spread across real estate, EPF, PPF, traditional/money-back insurance policies, and some money in stocks. All these were made without any proper plan.

        My insurance policies will start getting matured from next year. I will get around 2 to 3 lacs p.a for 5 years. This will also gives me money to invest in lumpsum.

        My goal is to have around 50-60 lacs by 2024.
        I can take moderate risk.
        Kindly review and provide your suggestions.

        Thanks in advance.

  • Hemant says:

    Hello Sreekanth,

    I am planning to start new SIPs and my curent horizon period is 5-7 years. Please advise, if the below funds look good to you.

    1) Parag Parikh Long Term Equity Fund (G) – Direct
    2) Mirae Asset Emerging Bluechip Fund (G) – Direct
    3) BNP Paribas Substantial Equity Hybrid Fund – Direct Plan (G) – Direct

    I had also done some lumpsum and SIP investments (stopped from last 1 year) in SBI Magnum Multicap (G) Direct, Kotak Standard Multicap in last 5-6 years, HDFC Hybrid Quiry and SBI Euqiry Hybrid funds. Does it make sense to withdraw all the units from these funds and invest in above three funds.

    Best regards,

    • Hemant Sharma says:

      Hi Sreekanth,

      Apologies for typo in my above comment. Quiry and Euqiry are Equity.

      Just to make clear, I am trying to restructure my portfolio and currently my horizon is 5-7 years. Could I have SIPs in BNP Paribas Substantial Equity Hybrid Fund – Direct Plan (G) – Direct as well as SBI Equity or just one of these 2. Overlap between these 2 funds is 32% approximately.


      • Sreekanth Reddy says:

        Dear Hemant,
        Are you satisfied with the returns generated on your existing portfolio??
        May I know why do you want to switch to the listed three funds?

        • Hemant Sharma says:

          Hi Sreekanth,

          The return seems to be better on these 3 funds as compared to what I currently have in my portfolio.

          Please advise.


        • Hemant Sharma says:

          The returns are also not satisfactory. I am also trying to trim down my portfolio by removing the funds with the same categories.

          Appreciate your recommendation.

          Best regards,

          • Sreekanth Reddy says:

            Dear Hemant,
            No fund will stay at No.1 forever..
            Do not kindly go by recent performances. Instead, give priority to consistent performers.

            SBI Magnum Multicap (G) Direct, Kotak Standard Multicap, HDFC Hybrid Equity and SBI Equity Hybrid funds..

            I believe the above mentioned funds are decent choices..

          • Hemant Sharma says:

            Thanks Sreekanth. Appreciate your response.

  • Dushyant says:

    Dear Shrikant

    I am 52 now . I am early retired person . My present investment is in EPF and PPF which is 60 percent of my accumulated corpus. Rest amount i.e. 10 percent in Parag parikh fund. I wish to further invest remaining 30 percent in some relatively low risk equity fund . Please some good fund invest the same for next five years.

    For my expenses I can withdraw from PPF on yearly basis and put in saving account.


    • Sreekanth Reddy says:

      Dear Dushyant Ji,
      How about adding a large cap index fund? (if you can afford to take risk)

      • Dushyant says:

        Thanks Shrikant ji

        Since I have lump-sum. Is it ok to invest one go or STP will be better.
        Kindly suggest the largecap index fund and timeframe of STP .

        • Sreekanth Reddy says:

          Dear Dushyant,
          Ex : UTI Nifty index fund.
          May I know if your living expenses for the rest of your retirement life are adequately planned/covered?

          • Dushyant says:

            For next 10 years my debt fund portfolio can support. After that I can shift again from equity to debt.

          • Sreekanth Reddy says:

            Dear Dushyant ji,
            Advisable to go ahead with STP or few lump sum installments (depending on the markets scenario, in case, you track them)..

          • Dushyant says:


  • Ankit Jain says:

    Hi Sree
    Need your suggestion for below portfolio> My Goals are Kids education (18 years from now) and for wealth accumulation (20 years from now).
    Fund Name SIP Amount Time since inception
    SBI Blue Chip Fund Direct Plan Growth 4000 4 years +
    SBI Small Cap Fund Direct Growth 3000 1 Year+
    SBI Equity Hybrid fund Direct Growth 2000 6 Months
    Franklin India Smaller Companies Fund 5000 4 years +
    Mirae Asset Emerging Blue chip fund 2000 3 Years+
    HDFC Mid Cap Opportunities 2000 3 Years+
    Axis long term equity fund 2000 1 Year+

    All the above are direct plan with growth option
    I am currently making a loss of 17% on total investment I have made in FISCF.

    Can you advise if i need to reassign some of these funds or continue with the above

  • Nilesh Patil says:


    I have made below investment in Mutual Funds since last 2 years & my plan is for SIP term for 15-20 Years.

    1) ICICI Prudential BlueChip Fund Direct Plan – Growth – 9000 Rs
    2) Franklin India Prima Fund direct Growth – 9000 Rs
    3) Mirae Asset Emerging Bluechip Fund direct plan Growth Growth. – 9000 Rs
    5) Kotak Standard Multicap Fund – Direct Plan – Growth – 5000 Rs

    Could you please review & let me know your valuable comments about as per current scenario do you suggest to change any Mutual funds as per long term goals OR any further suggestion.


    • Sreekanth Reddy says:

      Dear Nilesh,
      As of now, you may continue with your investments.

      (One observation : When you have a dedicated large cap and a mid-cap fund, a large+midcap fund like mirae emerging may not be required.)

      • NILESH PATIL says:

        Hi Sreekanth,

        Could you let me know any alternate Mutual Funds instead of Mirae Emerging Fund.

        Even is there any alternate option which you can suggest looking at Long term goal even to add anything.


        • Sreekanth Reddy says:

          Dear Nilesh,
          You may continue with it, but the large+Mid-cap fund’s portfolio Vs a typical large cap fund’s can have higher overlap %.
          How about adding a fund with some international exposure? Like Parag Parikh LTE Fund?

  • Amit says:

    Hi Shrikanth,

    Hope you are doing good!

    Could you please check my portfolio and suggest your expert comments?

    Goal – Child education. 13 years. Started 3.5 years before, so about 9.5 years are remaining.

    Below is the portfolio. Started with lesser SIP amounts 3.5 years back and have been increasing the amount. Below are SIP amounts for respective funds as of today. Also mentioned portfolio % for each fund as of today.

    Mirae Asset Tax Saver – 10K (35% allocation of current portfolio value)
    Franklin Focused Equity – 6K (15% allocation of current portfolio value)
    Canara Robeco Emerging Equities – 8K (23% allocation of current portfolio value)
    Franklin Prima – 4K (15% allocation of current portfolio value)
    SBI Small Cap – 8K (12% allocation of current portfolio value)

    My plan is to continue with above SIP till December 2020 and additionally invest more lumpsum amounts in same funds between now and December 2020 keeping the overall % allocation same. By doing this, I will be done with my investment for this particular goal. I will not continue with these SIP after December 2020 for this goal. The expectations is that this investment will grow with 10% PA return so that I will have my required amount in hand after 9/10 years from now.

    I will be continuing with the investment for another goals starting Jan 2021. I have not yet planned for that portfolio.

    Overall what is your view on the funds and their allocation % and the investment strategy?

    Specific to Franklin funds, both of them have not performed well recently but I know their long term track record is good. Wanted to check with you is it okay to stay invested in those, in the context of my invest plan mentioned above?

    Any other suggestion that you have?


    • Sreekanth Reddy says:

      Dear Amit,
      May I know your Equity : Debt allocation %?
      If investing in Debt securities, in which products??

      Are you going to opt for new Tax regime this FY?

      • Amit says:

        Hi Shrikanth,

        For mutual funds, I have investments only in Equity Funds. For debt part, I have EPF (my EPF and wife’s EPF), PPF for both and RD. Current total of this investment is equal to about 70 % of current investment in MF portfolio.
        My current investment in MF portfolio mentioned in my earlier comment is 60 % of the total investment I plan to do for this goal. Remaining 40% I plan to invest partially over next six months in same funds.

        I am opting for old tax regime. I have done old vs new comparison and I can save more in old regime. I have home loan, health insurance(self and parent), etc. which makes it to go for old regime.


        • Sreekanth Reddy says:

          Dear Amit,
          A Focused equity fund may not be required.
          As you have 9+ years, how about adding a multi-cap fund with some international equity exposure. Ex : Parag LTE fund??

          • Amit says:

            Hi Shrikanth,

            I had started in it when it was multicap fund named as Franklin High Growth fund and continued with it after reclassification of fund categories. I am anyways thinking for stopping it since months but didn’t actually worked on it. I will stop the new investment in it. Do you suggest to sell existing investment also and switch to other fund?


          • Sreekanth Reddy says:

            Dear Amit,
            Markets have recovered a bit, can be a good time to withdraw the funds..Kindly be aware of the tax implications..

  • Karthik Vellur says:

    Hi Srikanth,

    I follow your blog regularly. Below is my MF portfolio. Could you please suggest me which funds should i switch and which funds to continue ?

    1. Mirae Asset Emerging Bluechip Fund – Direct Plan (G). Overall Gain : 5.86%. Currently running SIP of 3k

    2. Nippon India Small Cap Fund – Direct Plan (G) (40). Overall Gain : -6.36%. Currently running SIP of 3k

    3. ICICI Prudential US Bluechip Equity Fund – Direct Plan (G). Overall Gain : 11.67%. Currently running SIP of 3k

    4. DSP Natural Resources and New Energy Fund – Direct Plan (G). Overall Gain : -22.62%. Invested way back in 2018 as lump sum. Has been loss ever since. [This was a bad investment]

    5. DSP Small Cap Fund – Direct Plan (G). Overall Gain: -12.37%. SIP has been stopped by MF in this

    6. HDFC Equity Opportunities Fund – Series 2 (May 2017) – 1126D – Regular Plan (G). Overall Gain : -16.09%

    if you suggest a switch, which ones would you suggest ?

    – Karthik

    • Sreekanth Reddy says:

      Dear Karthik,
      May I know your investment objective (goal) and time-frame?

      • Karthik Vellur says:

        Hi Sreekanth,

        Investment horizon is for 10 to 15 years. Solely for Investment purposes.


        • Sreekanth Reddy says:

          Dear Karthik,
          I believe that your portfolio has a very high risk profile, with two small-cap funds, one thematic fund, one international fund.
          Suggest you to consider churning your portfolio.
          You can instead consider adding – a large cap index fund, a pure mid-cap fund and an equity hybrid fund.

          • Karthik Vellur says:

            Thank you Sreekanth for the analysis. I did start off with Very High Risk kept in mind as i had other investments which very low risk. Couple of clarifications, hope you dont mind to answer them

            1. In the current funds, would you recommend to stop SIP or redeem any of them ?
            2. Which funds would you recommend to start investing in the ones that you have mentioned in above comment ?

          • Sreekanth Reddy says:

            Dear Karthik,
            I would advise you to have a relook at Small cap funds and thematic fund (DSP).
            Can add one index fund. If you would like to take aggressive call, can consider Nifty Next 50 index fund.

          • Karthik Vellur says:

            Thank you Sreekanth

  • Prashant Shah says:

    Hi Sreekanth,

    Thanks for sharing your updated MF portfolio.

    I just want to know your opinion and inputs on Index based and International MF for short term horizon of a year or even less. It would be great if you can suggest one for each segment.


    • Sreekanth Reddy says:

      Dear Prashant,
      Suggest you not to pick these products if your investment horizon is short-term..

      • Prashant shah says:

        Ok Sreekanth,
        What would be the least duration required for such investment.
        Also what are the good MF options in this?

        • Sreekanth Reddy says:

          Dear Prashant,
          The key point is- the amount of risk involved in these products especially equity oriented ones is high, especially if the time-frame is short-term.
          May I know your investment objective? Why do you want to pick these for short term?

  • thomas says:

    HI Sreekanth,

    i am investing in Franklin smaller companies via SIP from 2016 onwards , and the performance is getting bad from last 1 year ..Is it worth to continue the SIP (so as to average the cost/unit ) , or move to any other fund ?

    Also what is your opinion abt SBI focused equity fund ( Focused fund category ) ??


    • Sreekanth Reddy says:

      Dear Thomas,
      May I know your investment horizon and if possible, you may share the other MF Scheme names that you have invested in (if any) ??

      • thomas says:

        Hi Srikanth ,

        My investment Horizon is 10 -15years (4 years already over via SIP in below )

        Apart from Franklin Smaller Co.s , i have ongoing SIPs in DSP microcap, Kotak Select focus(multicap), Aditya Birla Sunlife equity (large cap) , ICICI pru value Discovey(Contariian) , HDFC opportunities ,SBI large cap , Mirae Emerging Bluechip , Tata Hybid and HDFC Hybrid, Reliance Small cap

        .UTI index fund (started SIP 3months back)

        So I wonder whether starting a SIP in SBI focused equity now in this downtime would be good (in diversification as well as returns perspective)..?


        • Sreekanth Reddy says:

          Dear Thomas,
          You may stop future investments in Franklin Smaller cos fund and can divert to other small cap fund(s).
          Looking at your portfolio, you may better off not to add one more fund (especially a focused one).
          Make your multicap, large cap and hybrid funds as part of your core portfolio.

  • Shyamji says:

    I like your MF portfolio

    When Share Market will crash, which Mutual fund you shall invest lumpsum

    • Sreekanth Reddy says:

      Hi Shaymji,
      During the recent Market correction (Mar – May), I have invested lump sum amount in UTI Nifty Next 50, HDFC Hybrid Fund and SBI Hybrid Equity Fund.

      I have some investments in Direct Equity as well!

      • Arun says:

        Thank you Sreekanth for the update on your MF portfolio. Any change to your direct equity portfolio ?

        • Sreekanth Reddy says:

          Dear Arun,
          Yes, lot of changes!

          Did momentum trading (delivery based) during April – June. Most of the trades turned out to be profitable as markets recovered pretty quickly.

          Now, almost 60% in cash (investible surplus allocated for Direct Equity).

          What about your investments strategy?

  • Rushi says:

    Thanks Sree.

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