Portfolio Review

[life2007]

Hello Friends !!!!

Some of you please respond....

I truly value all your opinions. This forum is great and so are its members.

Thanks

Jeet

[Saand-Bhaaloo]

Hi Jeet,
Welcome to Traderji Well first things first,we hope you understand that the convenience you talked about at ICICIDirect do come at a price and in all together this is somewhat more than Rs2000 for 1 lac of targetted investment. Now if you only want to go by SIP route then why not to make all forms and cheques ready and take a day out to invest at your own. Remember this has also to do with Folio No. alloted and folio no. if taken through ICICIDirect will make it mandatory for you to pay entry load in all future investments too in case of continuation.
On top of it, this move of SEBI has forced all the AMCs to come up with some web interface and thus we can see almost all of them providing an independent e-channel in coming times. So make your decision under this light now.
Regarding your nature of portfolio there are many styles with their own pros and cons so would commenting on the same here.
Regards,
SB

[life2007]

Hello,

Hurray !! Finally somebody responded

Thanks for your timely advice. However, I would like to debate a bit before I take a final decision. I have gone through your other post of you switching from your broker to direct for saving entry load.

Guys, Please join in this healthy debate. It is for benefit for all. Too many heads will help us in getting some good conclusion !!

Ok, agreed an amount above Rs 2000 is by no means a less amount as entry load for over 1 lac investment.

Here the question is not about being lazy or let others do the work for you. It is about FLEXIBILITY. Let me say for argument, I took a day off as per your advice, filled up all those forms and wrote all post dated cheques. I sent them neatly to the concerned AMCs. So far perfect, I guess.

But practically, we have seen we may need to change the amount of our investment, probably the investment scheme within the company or change the AMC itself due to various reasons. As Mutual Funds are directly related to market, we tend to change our decision influenced by the market for our own gain.

In case we apply directly, i guess we need to stick as to what we thought earlier because changes will only be cumbersome and tedious. Again, I dont think it is not advisable to go for shorter term say about 3 or 6 months. Because, we will have to repeat the procedure again and again.

Now, for example if we go through ICICI Direct, we can change almost everything depending upon our present circumstances. For example, I decided to invest 2K per month in a scheme through SIP for one year only to find out that I am in a financial mess after 2 months. Well, I can reduce the above investment to 500 Rs in the electronic screen itself. Likewise, I can increase any time I want.

So, What do you think as of now. Again, I value your advice, I am only intending to bring some good pros and cons by raking this issue in different manner.

And please do comment on my porfolio, It will really help me

Thanks & Regards

Jeet

Originally Posted by Saand-Bhaaloo

Hi Jeet,
Welcome to Traderji Well first things first,we hope you understand that the convenience you talked about at ICICIDirect do come at a price and in all together this is somewhat more than Rs2000 for 1 lac of targetted investment. Now if you only want to go by SIP route then why not to make all forms and cheques ready and take a day out to invest at your own. Remember this has also to do with Folio No. alloted and folio no. if taken through ICICIDirect will make it mandatory for you to pay entry load in all future investments too in case of continuation.
On top of it, this move of SEBI has forced all the AMCs to come up with some web interface and thus we can see almost all of them providing an independent e-channel in coming times. So make your decision under this light now.
Regarding your nature of portfolio there are many styles with their own pros and cons so would commenting on the same here.
Regards,
SB

[swama694]

hi,

This is my freinds portfolio(yet to be started).

Core holdings:

Fidelity Equity ( equity wide large cap( more stocks >70) pure bottom up approach in growth stocks)
Birla Sunlife Equity ( miulticap)
Magnum Contra (undervalued scrips)

thematic
DSPML TIGER ( infra and economic opportunity)

all 25 % each

not added a midcap fund because all these large cap funds a considerable amount in mid cap, almost 30% by valueresearchonline in midcap.

please give comment on adding an opportunities fund, if then which will be best.
Not interested in sector funds as he will be a desciplined investor for a long term.

and also how it will be in Indian situation to add an Index fund, as expense is very little he prefer to add UTI Nifty as all funds in the portfolio sticks to BSE.

regards

[gsbisen]

Hi,

Schemes posted by you looks good. I will not recommend you to invest in index link schemes as the whole purpose of purchasing units from mutual fund is to capitalise on the fund management skills of the fund houses. I completely agree to a case as in which scheme might not perform in short term but some respect should be given to fund managers view and try to analyse his long term track record. this is my personal view that short term trends can decieving. And if you look at todays scenario of Indian equity markets then it clearly demands strong stock picking skills. So try and invest in schemes who try to build diversified portfolios.

[Vicky78]

Good Pick!

[ravalsb]

How about adding power and engineering sector in this portfolio.

Reliance diversified power sector funds seems to be good for long term.

Happy Investing

[vinay26]

Investment Objectives: Quick Capital Gain (Short Term 1-1.5 yrs)
SIP to buy these MF's
1) Standard Chartered Premier Equity - G (35%)
2) Reliance Diversified Power Sector - G (35%)
3) JM Basic - G (30%)

[apprentice]

Hello i live in the UK , after giving some thought i have gone for HDFC AMC's PMS Real Estate Fund which has entry at 25L.( 6+1+1) Yes, it is little expensive since it charges an entry load of 2.5%, 10% hurdle rate, then 12%+ 80:20, 15% 1st drawdown. But I personally feel that if HDFC is managing a real estate fund, that too development fund, then the returns would be quite good as they are quite knowledgeable and influential. They have much better rapport with majority of builders, developers, etc.

Was convinced abt their investment strategy as well, ( top 20 cities india, concentrating on Hotels/Residential/Commerical/Hospitals/Malls ) so decided to go it !!

what do you guys think of it ??, was it a safe/wise/foolish choice ?? , look forward to your comments

[Rajesh2008]

Hello

It has been my fortune to have found this wonderful forum. I have been going through several articles since past few weeks.

I request to please review my proposed portfolio. I am planning to start investing by the end of this month. I am planning to initially commit for the next 6 months by SIP, if the financial flow is good, I will extend this period.

1) SBI Magnum Contra 2K
2) DSMPL Equity 2K
3) HDFC Prudence 2K
4) DSMPL Tiger 2K
5) SBI Magnum Tax Gain 5K (for first 3 months) & 2K (for next 3 months)
6) Birla Tax Relief 96 5K (for first 3 months) & 2K (for next 3 months)

Investing more in ELSS funds is due to last minute rush for saving tax. I dont think I have any other choice as of now.

Thank you

Rajesh