Review Portfolio returns around 6% in past 1 year

Discussion in 'Mutual Funds Discussion Forum' started by shk161, Jul 12, 2016.

?

Is this good folio for ELSS MF

Poll closed Jul 12, 2017.
  1. Good

    40.0%
  2. Bad

    0 vote(s)
    0.0%
  3. Change the funds

    0 vote(s)
    0.0%
  4. Just wait for better returns

    60.0%
  1. shk161

    shk161 Member

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    Hi Guys,


    I just started investing in mutual funds last year to save tax and yield better returns than FD which hardly beats inflation.


    I would required you to kindly provide your views and guide me:hap2:

    I have started with around 2 Mutual funds after doing lot of research online seeing the performance by charts present on Money control just how a normal layman would analyze. Note: I do not have any financial education background but just going by the history and numbers present on the website.

    These were my picks for SIP

    1)Axis Long Term Equity Fund - Regular Plan (G) (15) : 1000/month
    2) Reliance Tax Saver (ELSS) Fund (G) (13) : 500/month

    And then added few more in dividend option and few more lump sum in growth. Screen shot have the overview.

    Kindly suggest if i need to change or stop investing in some.The returns are just around 6% which is kind of worrying me.


    And most importantly the above two mentioned were my best picks and they are delivering the lowest return..should i wait to see the returns increased down the line? or am i doing a mistake by going for SIP?:eek:


    Seniors attention required please.


    Thanks
    Karan
     

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  2. Subhadip

    Subhadip Well-Known Member

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    Your two best picks are my favourite also for tax saving.

    Keep saving.
     
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  3. shk161

    shk161 Member

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    Thanks Subhadip Sir,

    any comments from your side.
     
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  4. shk161

    shk161 Member

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    hmm thanks!!!


    how about the returns? am i expecting too high? my expectation is down the line in 3 years it should be atleast 12%:confused:
     
  5. Subhadip

    Subhadip Well-Known Member

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    I want to tell one thing keep investing in SIP in those funds every month. See those after five year. Not every year.
     
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  6. Subhadip

    Subhadip Well-Known Member

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    CAGR should be more than 12%
     
  7. shk161

    shk161 Member

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    Thanks again!!:thumb:


    And am slightly inclined towards BNP paribas (G) franklin india tax shield(G) and tata india tax saving (G) as they have higher returns,should I start investing small amount in SIP's in those too.


    Regards
     
    Last edited: Jul 12, 2016
  8. TracerBullet

    TracerBullet Well-Known Member

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    Fund performance can vary, Use long term record and pick a few. No need to get worried every year of small underperformance. There are many good funds. Your job is just to pick few, maintain SIP and hold for long term of 5-10 years.

    Review Funds if they under perform consistently for few years. Use value resaerch / funds india / morningstar.in to get funds info and list of good funds.
    Anyway, Franklin India TaxShield is also very good.
     
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  9. shk161

    shk161 Member

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    Can Seniors also advice on the other funds? apart from axis and reliance tax saver.


    Thanks
     
  10. shk161

    shk161 Member

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    looking for more insights seniors...please help
     

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