SEEKING ADVICE FOR DIVERSIFIED EQUITY M.F. PORTFOLIO

POSTED BY bharat shah ON December 4, 2010 4:51 pm COMMENTS (7)

MY LONG TERM CURRENT HOLDING OF RS. 20 LAKH DIVERSIFIED EQUITY PORTFOLIO IS AS UNDER:

1.LARGE MID CAP: HDFC TOP 200-10.309%

2.MULTI CAP:QUANTUM LONG TERM EQUITY-16.017%, UTI DIV. YIELD-11.104%, RELIANCE REG. SAING EQUITY-9.877%, DSPBR EQUITY- 7.309%, ICICI PRU DYNAMIC-6.370%  TOTAL:50.677%

3.MID -SMALL CAP:IDFC PREMIER EQ.-9.128%, BSL DIV. YIELD PLUS-5.870%, ICICIPRU DISCOVERY-4.199%  TOTAL: 19.197%

4.BALANCED: HDFC PRUDENCE1.923%

5.ELSS: TOTAL 17.891% IN SOME 8 DIFFERENT MUTUAL FUND SCHEMES , WHICH ARE DUE FOR REDEMPTION FROM DECE. 2010 TO MAY 2011 (EXCEPT @3% A/M.)

MY GOALS ARE 12-27 YEARS AWAY FROM NOW. MY AGE IS 33 YRS. I GOT RS. 5 LAKHS IN DEBT M.F. PORTFOLIO FOR BALANCING , AND EMERGENCY. I SEEK YOUR COMMENTS AND ADVICES FOR SWITCH/RESHUFFLE/TRIMING FOR ABOVE DIVERSIFIED EQUITY M.F.PORTFOLIO.

7 replies on this article “SEEKING ADVICE FOR DIVERSIFIED EQUITY M.F. PORTFOLIO”

  1. bharat shah says:

    @ramesh mangal

    thank you for your advice in details. it will help me a lot in modifying my portfolio. as such, as i said , i like to rid off most of my elss as soon as admissible. that balanced fund is also for some small specific goal, and for taste of a good such kind of fund. so apart from them ,i would reduce my main funds to 4-7 in due course.

  2. Ramesh Mangal says:

    The point is with a lot of diversification, even if one of the funds performs exceptionally well, your overall portfolio would not gain much! So stick to 4-7 funds. The ELSS funds are well diversified players themselves.

  3. Ramesh Mangal says:

    Do not go for any other plan, which you do not have already!!
    No doubt both the mentioned funds have been very consistent. But no one can guarantee that they will remain consistent in the future too.
    1) Stick to HDFC Top 200.
    2) Consolidate in the 2 largest multicap funds in your portfolio namely quantum long term equity and UTI dividend yield. Even though you would not be paying any LTCG, but a charge of 0.25% will be there for any redemption or switches. So try to minimise that charge by not moving any large funds.

    Hope it helps you!

    Ramesh

  4. bharat shah says:

    @ramesh mangal

    thank you again! i also like it. how about ‘fidelity equity’ in large mid cap and ‘hdfc equity’ in multicap category? i found all three consistent player in their respective category. your opinion would help me to modify suitablely, as most of my investment completed one year.

  5. Ramesh Mangal says:

    Yes, HDFC Top 200 is a very good fund. My other choice is Franklin Blue chip fund. 🙂

  6. bharat shah says:

    @ramesh mangal
    thank you for your reply and link. i presume, one large cap means , i should continue hdfc top 200, being only large and mid cap with me. if you suggest ,something else, kindly suggest.

  7. Ramesh Mangal says:

    consolidate your holdings into 1 from Large Cap, 2 from multicap (any 2 from your portfolio), 1 from mid-small cap (idfc premier ) and 1 each from balanced and ELSS. The other ELSS schemes can be redempted and invested in other “final” funds.

    Also go through this link.

    http://www.investmentkit.com/articles/2010/10/how-many-mf-schemes-you-should-have-in-your-portfolio/

    Ramesh

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Download Our FREE Ebook!

Available only for first 100 people today

Download Our FREE Ebook!

Available only for first 100 people today