Portfolio Review

[Flash2talk]

Hi Vicky,
I request you to comment and suggest on my portfolio. I started investing from End 2006 only.
I have investments in the following funds. All Growth option. I am looking for a long term investment of not less than 5 years.

a) Reliance Growth - 50K
b) Sundaram Select midcap -50K
c) Magnum Contra - 50K
d) Birla Infrastructure - 50K
e) SBI Infrastructure - 100K
f) DSPML Tiger - 200K
g) Reliance Long Term Equity - 100K
h) Reliance Equity Advantage - 300K
i) HDFC Midcap Oppurtunities - 50K
j) ICICI Service Industries - 50K
k) ICICI Indo Asia Equity - 200K
l) UTI Energy - 300K
m) AIG India Equity - 50K
n) SBI One India - 100K

Thanks

[mrindia]

Originally Posted by 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?

Vickey has given all advice in nutshell.
Never assess the fund by past 2month performence.
Expand your horizon beyond 1 year as u have done with some of ur selections.

[go_rudra]

Originally Posted by mrindia

Vickey has given all advice in nutshell.
Never assess the fund by past 2month performence.
Expand your horizon beyond 1 year as u have done with some of ur selections.

Thanks for the Advice,
i will be monitoring JM Contra and SBI Magnum Contra and Take a Call to Continue with one of them after a Year.

[Vicky78]

Originally Posted by Flash2talk

Hi Vicky,
I request you to comment and suggest on my portfolio. I started investing from End 2006 only.
I have investments in the following funds. All Growth option. I am looking for a long term investment of not less than 5 years.

a) Reliance Growth - 50K
b) Sundaram Select midcap -50K
c) Magnum Contra - 50K
d) Birla Infrastructure - 50K
e) SBI Infrastructure - 100K
f) DSPML Tiger - 200K
g) Reliance Long Term Equity - 100K
h) Reliance Equity Advantage - 300K
i) HDFC Midcap Oppurtunities - 50K
j) ICICI Service Industries - 50K
k) ICICI Indo Asia Equity - 200K
l) UTI Energy - 300K
m) AIG India Equity - 50K
n) SBI One India - 100K

Thanks

Do not add anymore New Funds, Sector Funds and closed ended funds in your portfolio. The good funds in ur portfolio are MAgnum Contra Reliance Growth and DSP ML Tiger. Future investments can be restricted to these funds. Constantly evaluate all other funds in your portfolio and exit them if they perform badly. However nothing much can be done about close ended funds.

You could club all infra funds into dsp ML Tiger. Never have 2 funds with the same objective.

Check out the following link and add one 4 or five star rated plain vanilla equity fund in your portfolio.
http://www.valueresearchonline.com/f...=1&objective=3

[Flash2talk]

Vicky,

Thanks for the reply.

[cool_archie]

Also Sundaram Select midcap is a good fund to continue investing, it has given good returns while taking less risks.

If you dont want 2 mid-cap funds in your portfolio, choose between Reliance Growth & Sundaram Select midcap, although at present you cannot call Reliance Growth a mid-cap fund.

Regards,

[Flash2talk]

Originally Posted by cool_archie

Also Sundaram Select midcap is a good fund to continue investing, it has given good returns while taking less risks.

If you dont want 2 mid-cap funds in your portfolio, choose between Reliance Growth & Sundaram Select midcap, although at present you cannot call Reliance Growth a mid-cap fund.

Regards,

Compared to Sundaram select midcap; Reliance Growth has given good returns in the last year

[hirenfaria]

good, that great, kotak, ICICI and reliance will give a big profit to you. i always buying reliance and mundra port. best of luck for your plan.

[Vicky78]

Reliance growth is more of an opportunities fund rather than a midcap fund.

Sundaram midcap has a great track record in the past. But it is still to be seen if it can handle such a huge fund independant of a fund manager. Ever since the fund manager left. Sundaram midcap has been an average performer.

[Flash2talk]

Originally Posted by Vicky78

Ever the fund manager left. Sundaram midcap has been an average performer.

Is this the same case with HDFC funds also including HDFC midcap oppurtunities start lately