9 replies on this article “Portfolio advise”

1. Ashal Jauhari says:

   May 25, 2013 at 2:11 pm

   Dear Karthik, saving for retirement should not mean that you invest in a product which has the words ‘Retirement’ or ‘Pension’ in it’s name. Please invest in the funds discussed above & later on when you are 2-3Y away from your goals, please shift major part of your corpus into Debt. Interestingly for Retirement goal, even after retirement there should be a good amount in Eq. to fight out Inflation for long term in post retired life.

   thanks

   Ashal

   Reply
2. Ashal Jauhari says:

   May 25, 2013 at 5:04 am

   Dear Karthik, here is my take on your funds.

   BSL Relief 96- Gr – 1000 (So far invested – 36,000) – It’s a tax saver fund, if it’s part of your 80C related saving, keep it continue. If your 80C limit of 1L Rs. is already exhausted, no need to continue in this fund. Old units ‘ll have lock in period of 3Y, so you can not redeem all units in one go. Please keep this thing in mind.

   HDFC Prudence – Gr – 2000 (so far invested – 74,000) – Continue

   Franklin Temp High Growth Companies – Gr – 1000 ( 37,000) – Stop your investment in this fund & divert the fresh SIP amount to Franklin India Bluechip fund. After exit load period is over, transfer old units also to FIBCF.

   One time investments..
   HDFC Top 200 Fund – Div – 25,000 – It’s advisable to switch it to HDFC Prudence Growth option

   HDFC Prudence Fund – Gr – 25,000 – OK
   HDFC Prudence Fund – Div – 25,000 – It’s advisable to switch it to HDFC Prudence Growth option

   Franklin India High Gr Companies Fund – Gr Plan – 25,000 – It’s advisable to switch it to FIBCF Growth option

   Reliance Gold Savings Fund-Gr plan- Gr – 50,000 – what was your thinking to invest in this Gold fund? Please elaborate. In all probability you may be already in loss here due to gold price crash.

   Sundaram Bal Fund – Appreciation Option – 50,000 – Switch it to HDFC Prudence Growth option

   Thanks

   Ashal

   Reply
   1. Karthik says:

      May 25, 2013 at 12:41 pm

      Thanks for your suggestion…as I said I’m planning to invest in couple of more sips more focussed towards generating corpus for ritirement…would you suggest TATA retirement savings fund for that?

      Reply
3. Ashal Jauhari says:

   May 24, 2013 at 6:12 pm

   Dear Karthik, where are the MIPs?

   Thanks

   Ashal

   Reply
   1. Karthik says:

      May 25, 2013 at 1:44 am

      Hi – This is my entire portfolio now…Can you please let me know your thoughts..

      Reply
4. Ashal Jauhari says:

   May 24, 2013 at 4:11 pm

   Dear Karthik, please provide the details of all the 6-7 funds you are invested in as on date.

   Thanks

   Ashal

   Reply
   1. Karthik says:

      May 24, 2013 at 5:01 pm

      Sure.. here it is..

      SIP..

      BSL Relief 96- Gr – 1000 (So far invested – 36,000)
      HDFC Prudence – Gr – 2000 (so far invested – 74,000)
      Franklin Temp High Growth Companies – Gr – 1000 ( 37,000)

      One time investments..

      HDFC Top 200 Fund – Div – 25,000
      HDFC Prudence Fund – Gr – 25,000
      HDFC Prudence Fund – Div – 25,000
      Franklin India High Gr Companies Fund – Gr Plan – 25,000
      Reliance Gold Savings Fund-Gr plan- Gr – 50,000
      Sundaram Bal Fund – Appreciation Option – 50,000

      Reply
5. Ashal Jauhari says:

   May 24, 2013 at 1:20 pm

   Dear Karthik, can we have your total portfolio details?

   thanks

   Ashal

   Reply
   1. Karthik says:

      May 24, 2013 at 1:59 pm

      Hi Ashal – Thanks for your reply. May I know what details you need?

      Reply

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