Portfolio Review

[Vicky78]

The other option would be Magnum Equity. It has an impressive 3 year & 1 year record.But it lacks consistancy and could lose heavily during bear market.

Birla Sunlife Equity is another good fund. But you may not find it impressive.

DSP ML Equity and Birla Sunlife Equity have higher sharp ratio (risk adjusted return) among multicap funds

Check this link and you could coose one plain vanilla equity
http://www.valueresearchonline.com/f...ld=4&sort=desc

[kc_624]

Thanks Vicky...
Ur giving very valuable suggestions to the forum members.Keep going......

[go_rudra]

Hi,
I am 26 yrs old and my portfolio is as follows.Pls note that I have started Investing in M/F from October this Year and am a Long term investor.
Reliance Growth -SIP 3 K per month upto 3 yrs
Reliance Power Diversified -SIP 3 K per month upto 3 yrs
Reliance Vision -SIP 2.5 K per month upto 1 yrs
JM Contra -SIP 2.5 K per month upto 1 yrs
Principal Personal Tax Saver -3 yrs Lock in
JM Basic -Lumpsum
DSPML Tiger Fund -SIP 2.5 K per month upto 1 yr
SBI Magnum Contra Fund -Lumpsum

I have also applied for Sundaram BNP Paribas Energy Fund.

Out of the M/F that I have based on their performance after I have purchased them
I feel DSPML Tiger is a weak Fund.Its Gain in the last 2 months have been less as compared to others.
Pls inform I need to revise my Portfolio.

I am also looking at the Option of investing in a M/F for a term of 15-20 yrs through SIP.
Do u have any fund in mind which could deliver consistently 20% returns year on Year?

[Vicky78]

Funds like reliance vision and magnum contra should form the core of your portfolio. Also do not have repetitive funds like Magnum Contra & JM Contra, Reliance Diversified Power Sector Funds & Sundaram BNP Paribas Energy Fund, DSP ML Tiger & JM Basic.

JM Funds will do well as long as Sandeep Shabarwal is present. Apart from that there is nothing great about that fund house. Keep an eye on that as you are a long term investor.

I am personally a big fan of DSP ML funds. And I would pick on DSP ML Tiger. But again each investor evaluates fund on different parameters. So if you feel JM Basic is good do go ahead with it. But pick one out of the two DSP ML tiger or JM Basic.

Reliance Diversified Power Sector Fund
JM Basic or Dsp ML Tiger
Reliance Growth
Reliance Vision
Magnum Contra
Principal Personal tax Saver

There are many funds that have delivered20 % returns for the past 10 years. Few of them are already in your portfolio, 30% return over the past 14 years Reliance growth and vision. Magnum Contra has delivered 30 % growth for the past 8 years.

[surfingminds]

A very key point highlighted by vicky about the JM

Actualy in my strategy I am holding both JM Contra and Magnum contra this will give opportunity to know which will perform good in the next year.. And It might also give me a score card how JM funds are doing specially after Sandeep shabarwaal joined

whats your view on

JM Finacial service sector fund
JM contra
JM Emerging leaders

Do you think their is any buying JM funds over the peers

[Vicky78]

Among the three I like JM Emerging leaders. There are not many small cap funds in india and this one seems to fit..managed to beat BSE small cap this year.

Another bad fund house seems to be getting better with Anoop Bhaskar, UTI. Check out UTI Mastershare. It has a bad 3 year and 5 year track record. It has a good one year record and it's 20 year return is 23%.

[cool_archie]

What about Std. Chart. Premiere Equity (Small/Mid Cap) even though its not as old as other funds but its portfolio diversification and returns seems to be interesting?

Regards,

[Vicky78]

It has done well this year. But if you take a look at it last year, it was an average performer. There have been many one hit wonders Standard Charted Premier Equity maybe like that. It is a new fund house and it is difficult to tell.

But on the positive side, this fund has done extremely well this year. Amazing returns during the bull run and losing less than or equal to the average in Feb & Aug this year.

[surfingminds]

Ya but the fund house should learn to develope a process based approach rather than individual centric.
And I think HDFC has done a good after accuiring Zurich and transformed into processed based and think Prashant Jain has a major role into that if i am correct.

Its important to identify the best processed driven AMC for long term Fund Management. I heard their would be more Asset management companies aligned to enter into this area.

[Vicky78]

I maybe wrong here, but sometimes I feel HDFC had acquired a good process based fund house like Zurich and converted it into crap.