MF Portfolio Rebalencing Suggestions required

POSTED BY Anindya Bhattacharya ON October 17, 2013 8:15 am COMMENTS (10)

Hi,

I want to shuffle my MF Portfolio as it’s not giving me any real returns for 3+ years

My current portfolio is

1)HDFC Tax Saver -2K a month

2)HDFC Top 200-1K a month

3)BSL Dividend Yield Plus – 1K a month

4)DSPBR Equity – 1K a month

5)UTI dividend Yield – 1K a month

6)Reliance Growth – 1K a month

7)ICICI Prudential discovery – 1K a month

All are direct and growth plans and total 8K per month

I want to increase it to 12 K per month with following break up

1)HDFC Tax saver -2 K

2)HDFC Top 200 – 1K

3)ICICI Prudential Discovery – 3K

4)UTI dividend Yield-1K

5)UTI opportunities – 2K

6)Reliance Growth -1K (kept this instead of DSPBR because of low expense ratio)

7)Franklin India Bluechip – 2K

Total 12 K removing BSL dividend yield and DSPBR equity

Do you think this is correct?I am new investor in my twenties and have started learning from this blog.Any help will be appreciated.

P.S – I can afford to take risks at the moment.

Regards,

Andy

——-

I was reading the old questions and now have some real doubts in my mind and planning to change investments like below.Quite confused,need some help i think.

1)HDFC Tax saver -2 K

2)HDFC Top 200 – 1K

3)ICICI Prudential Discovery – 3K

4)QE long term Equity-3K

5)Franklin India Bluechip – 3K

10 replies on this article “MF Portfolio Rebalencing Suggestions required”

  1. Anindya Bhattacharya says:

    Hi Ashal,
    Thanks a lot for your advice.I will make the necessary modifications in HDFC. Feeling better after trimming small investments in multiple portfolios :).
    Regards,
    Anindya

  2. ashalanshu says:

    Dear Anindya, please keep money in following funds.

    1. HDFC TAx for 80C purpose
    2. FIBCF
    3. IDFC Prem. Eq.
    4. IPru Dynamic

    Thanks

    Ashal

  3. ashalanshu says:

    Dear Anindya, why are you investing in HDFC Tax Saver?

    Thanks

    Ashal

    1. Anindya Bhattacharya says:

      Hi Ashal,
      It’s to fulfil part of 80 C 1Lakh investment limit.Today I closed most of these funds and now have only these 4/5
      1)HDFC Top 200+ tax saver-3K
      2)FIBCF-3K
      3)IDFC PEF-3K
      4)ICICI Pru dynamic-3K
      Regards,
      Anindya

  4. Anshuk Jain says:

    Nothing in equity is giving any real return in last 3 years.. so that should not be a reason to shuffle

    1. Anindya Bhattacharya says:

      Hi Anshuk,
      I understand your point,but do you have any suggestions about the changes i am planning to make in my portfolio?

      1. Anshuk Jain says:

        I think the list is huge.. you should have only 2-3 max equity funds. Or else it is too much diversification. Any reason, why you originally had so many?

        1. Anindya Bhattacharya says:

          No logical reason,I checked valueresearch 5 star funds , picked the 5 star ones in each category (non – sectoral) and invested 1K in them.Did not have much idea about MFs at that moment,I just started my career then.
          Now I want to cut all these unnecessary investments and stick to 4 funds.
          I have almost decided
          a)IDFC Premier Equity (Midcap & Small cap)
          b)ICICI Prudential discovery(Midcap & Small cap)
          c)HDFC TOP 200/Tax Saver(Largecap)
          d)Franklin India Bluechip or Quantum LT Equity (Large)
          and stop all the others
          Do you think this looks ok?

          1. Anshuk Jain says:

            OK. I think the new list looks good. Give more preference to Large Caps. Give more preference to less expense ratio. Is Premier Equity accepting new SIPs?

            1. Anindya Bhattacharya says:

              I checked with customer care,they confirmed it’s open for SIP however sometimes it remains closed for lumpsum sometimes

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