Portfolio Review

[Vicky78]

check out www.valueresearchonline.com

[Vicky78]

also swama you could choose one fund Standard Charted Premier Equity or Birla midcap. Having both would make the portfolio concentrated towards midcaps.

[swama694]

I am opting for Birla Midcap....bcoz I cant really analyse the perfirmance of std chart pre eqty......Vicky what is ur opinion on Sundaram Select focus..........and one more question which is better FMP or bank fixed deposit in NRO account(which carry TDS + cess+ surcharge). Now my tax bracket is below 1 lakh.If FMp which will be best......

I know that I am asking lot of questions but at the same time I can see a lot of viewers for this thread...so I hope I hope these queries will be helpful for them too....

[nautynut]

Hello Everybody,

This is my first post on this wonderful website and I need to know what would be the correct portfolio for me as I need to invest in the Mutual Funds starting Feb 2008:

My Questions are:

1. What is better, SIP or ELSS and what is the difference? ( I am willing to take moderate to high risk)

My options are:

1.Reliance Power Diversified Fund.
2.Reliance Growth
3.DSP ML TIGER
4.DSP ML Equity
5.DSP ML Top 100
6.DSP ML Technology.com Fund
7.Magnum Contra
8.Franklin India Prima Plus (Growth or Dividend)?
9.JM Emerging Leaders
10.Kotak Opportunities
11.ICICI Prudential
12.ICICI Dynamic Plan
13.HDFC Growth Fund
14.Standard Chartered Premier Equity

Thanks in advance, please suggest the best combination.

[200my]

I'd be very grateful if the experts on Traderji can advice on my portfolio.


Here is my MF portfolio.....

ELSS
HDFC Long term advantage - 30k
SBI Magum taxgain - 30 k
Reliance tax saver - 20k
Fidelity tax advantage - 10k

Other funds that I hold ......
Tata Balanced fund - 10k
Tata Infrasturucture fund - 10k
RNR fund - 5k
Tata Equity Management fund - 5k

I am ready to take a moderate risk. Need your kind suggestion in improving my portfolio.

[Vicky78]

Sundaram Select Focus is fund with a concentrated portfolio of 10-20 stocks. It may take a beating during falling markets and rise sharply during a bull run

I dont have much idea about FMP, have not invested in one.

[rsalecha]

I'll suggest you to keep your profile small. You can arrange your portfolio such as to get maximum benefit.

I'll recommend from your list ....
1. Reliance Power Diversified Fund
2. Magnum Contra

And others like
1. SBI Magnum Global.
2. Reliance Opportunities fund

SIP = Systematic Invesment Plan : You choose a fixed amount to be invested in particular fund every month. Making your portfolio a balanced on over a period of time.

ELSS = Equity Linked Saving Schemes : It refers to tax saving things. Consult your CA or investment manager on how much should you allot to ELSS fund. ELSS fund are less agressive and more safer than other Diversified and Index fund (which has more risky and more benefit).

[VenkatKMK]

Hi !

Your portfolio choice is very good and stick to your plans.

Happy investing.

[Vicky78]

Good selection of funds and you could stick to it but minor change in allocation may be considered.

DSP ML TIGER - 2000 Rs
Mangnum Contra - 2000 Rs
Reliance Vision - 2000 Rs
Reliance Growth - 2000 Rs
Sundaram Select Mid-Cap- 1000 Rs

As far as Reliance Diversified Power Sector fund, please have an exit strategy before entering into it.

[life2007]

Hello Friends !!!

First of all I must thank the moderators and all other members who have helped in creating such a wonderful & Knowlege enriched forum

After studying and getting useful tips and advice (especially VICKY78), I shall be putting some of my hard earned money in Mutual funds in about 7 days. Actually I am waiting to get registered by ICICI direct.com. Despite the waiver of entry load for direct investments through AMC, I thought it would be sensible to invest through ICICIdirect atleast for one year and think about any possible changes. I will be doing all my investments through SIP. Hence, I would prefer a mechanism where all my amounts gets automatically transferred from my Savings AC after one time effort and ICICI direct.com offers just that !!. Please check me if i am wrong .

Now, here is the final portfolio I am going to create. I look forward to have your final say in the matter. I want to make sure that I am not going to commit any serious mistake.

I intend to invest for one year from now for all these funds through SIP.

Core:
1) SBI Magnum Contra = 2000/month
2) Birla Sunlife Equity G = 2000/month
3) Sundaram Select Focus = 1000/month

Balanced:
4) HDFC Prudence = 2000/month

ELSS

5) Principal Tax Savings = 5000/month (for the first 3 months)
2000/ month (for the balance 9 months)
Aggressive:

6) DSMPL TIGER = 2000/month

So by Jan 2009, I would be investing = Rs. 1.41K.

Guys, Please do advice if i am going terribly wrong somewhere. And also please please give me an honest overall opinion as below:

Is the above pool of Mutual Funds

A) TOO CONSERVATIVE B) CONSERVATIVE C) BALANCED D) AGGRESSIVE E) TOO AGGRESSIVE.


Thanks in advance

Regards

Jeet