please review my portfolio

[sandeep729]

Hello all,

I am investing in kotak opportunities, sbi magnum comma and reliance growth in SIP from Nov 2008. I found that kotak opportunities and sbi magnum comma are giving me comparatively low returns. Should I

1) Completely withdraw from those funds and allocate the money in SIP in DSP BR micro cap and birla SL dividend yield plus

2) Partially withdraw and allocate in funds mentioned in point(1)

3) Take no action and play the waiting game

Also last week I have started investing in HDFC top200, HDFC midcap opportunities and HDFC prudence.

PLease review my portfolio 7 suggest the actions to be taken.

happy investing:thumb:

 

[DiwaliCrackers]

please dont exit now....wait for some time....
now market is not good so u'll not get good return

 

[yodlee99]

Since you seem to like the midcap & small cap funds for the higher returns they offer, I would suggest you to invest in large cap funds for capital protection in the long-run. A good indicator is to have 1 largecap like (Birla SL Frontline plan A), 1 large&mid cap like HDFC Top 200 or Prudence, 1 multicap like DSPBR Equity and maybe 1 or 2 at max of mid&small cap like IDFC Premier equity plan A or Reliance growth.
SBI magnum funds clicked well a few years ago, but are not consistent now. I would suggest you to redeem all your funds except Reliance growth and invest as above. These are just my suggestions... go with your gut feeling about timing the redemption in stages and also re-invest the returns in stages. We also suggest SIP on different dates of the month in Growth mode for high returns.

 

[drsambu123]

Hello all,

I am investing in kotak opportunities, sbi magnum comma and reliance growth in SIP from Nov 2008. I found that kotak opportunities and sbi magnum comma are giving me comparatively low returns. Should I

1) Completely withdraw from those funds and allocate the money in SIP in DSP BR micro cap and birla SL dividend yield plus

2) Partially withdraw and allocate in funds mentioned in point(1)

3) Take no action and play the waiting game

Also last week I have started investing in HDFC top200, HDFC midcap opportunities and HDFC prudence.

PLease review my portfolio 7 suggest the actions to be taken.

happy investing:thumb:

One more way to exit is SWP.. U can withdraw over 4-6 months by SWP and invest in funds u like throgu SIP

 

[sandeep729]

Thanks for the reply friends.... now after purchasing a couple of new funds my portfolio looks like below:

SBI Magnum Comma (G) :1000/- SIP (from Nov 2008)
Kotak Opportunities (G) :1000/- SIP (from Nov 2008)
Reliance Growth (G) :1000/- SIP (from Nov 2008)

HDFC prudence (g) :500/- SIP (from this month)
HDFC midcap opportunities (g) :500/- SIP (from this month)
HDFC Top 200 (g) :2000/- SIP (from this month)
DSP BR midcap fund (g) :500/- SIP (from this month)
Quantum Long term equity(g) :1000/- SIP (from this month)
Birla SL dividend yield (g) :1000/- SIP ( from this month)
Reliance Banking (G) :1000/- SIP (from this month)

please review this revised portfolio of mine and suggest any alterations if needed.

thanks in advance......

happy investing:clap:

 

[surfingminds]

All your funds selected are best one, Only problem is so many funds why you want to pay fund management charges to all of them when you can achieve the goal buy reducing the number to half.

so u can reduce couple of mid cap repeated funds and sector funds.

 

[sibumajumdar]

Thanks for the reply friends.... now after purchasing a couple of new funds my portfolio looks like below:

SBI Magnum Comma (G) :1000/- SIP (from Nov 2008)
Kotak Opportunities (G) :1000/- SIP (from Nov 2008)
Reliance Growth (G) :1000/- SIP (from Nov 2008)

HDFC prudence (g) :500/- SIP (from this month)
HDFC midcap opportunities (g) :500/- SIP (from this month)
HDFC Top 200 (g) :2000/- SIP (from this month)
DSP BR midcap fund (g) :500/- SIP (from this month)
Quantum Long term equity(g) :1000/- SIP (from this month)
Birla SL dividend yield (g) :1000/- SIP ( from this month)
Reliance Banking (G) :1000/- SIP (from this month)

please review this revised portfolio of mine and suggest any alterations if needed.

thanks in advance......

happy investing:clap:

Dear Sandeep, I find yours is too many port folios. Try to make it 3 to 5. That will make it easy to monitor. For good return we should remain invested 5 to 8 years. My picks are....(A) Large cap Fund : DSPBR Top 100 , (B) Large & Mid Cap : BSL Frontline Equity & HDFC 200 or Fidelity Equity ( only 2 from here) , (C) Mid & Small Cap : BSL Dividend Yield & ICICI Discover or IDFC Premier Eq Pl A ( only 2 from here ) , Multi Cap Fund : Reliance Regular Saving Equity and/or UTI Dividend Yield fund. Beside all these If you wish safe investment you can go for " AUTO REGULATORY BALANCE FUNDS" : HDFC PRUDENCE / RELIANCE REG SAV BALANCE / BSL 95 / CANROBECO BALANCE AND DSPBR BALANCE. These funds are less volatile with consistant return since their inception. Also we can think of 2 MIPS...HDFC MIP LT & RELIANCE MIP. DISCLOSURE..I have invested in all these funds. I am in MF field since 1971 (UTI US' 64 started with ). One risky fund just i wish to name for is Reliance Diversified Power Sector fund which gave me return of 2.60 Lakh for investment of 30K (Period : Apr' 2004 to Sep 2010 ). All the best .....SLM uncle.

 

[yodlee99]

Dear Sandeep, I find yours is too many port folios. Try to make it 3 to 5. That will make it easy to monitor. For good return we should remain invested 5 to 8 years. My picks are....(A) Large cap Fund : DSPBR Top 100 , (B) Large & Mid Cap : BSL Frontline Equity & HDFC 200 or Fidelity Equity ( only 2 from here) , (C) Mid & Small Cap : BSL Dividend Yield & ICICI Discover or IDFC Premier Eq Pl A ( only 2 from here ) , Multi Cap Fund : Reliance Regular Saving Equity and/or UTI Dividend Yield fund. Beside all these If you wish safe investment you can go for " AUTO REGULATORY BALANCE FUNDS" : HDFC PRUDENCE / RELIANCE REG SAV BALANCE / BSL 95 / CANROBECO BALANCE AND DSPBR BALANCE. These funds are less volatile with consistant return since their inception. Also we can think of 2 MIPS...HDFC MIP LT & RELIANCE MIP. DISCLOSURE..I have invested in all these funds. I am in MF field since 1971 (UTI US' 64 started with ). One risky fund just i wish to name for is Reliance Diversified Power Sector fund which gave me return of 2.60 Lakh for investment of 30K (Period : Apr' 2004 to Sep 2010 ). All the best .....SLM uncle.

I second this opinion coming with years of experience. For SIP <10k per month, you won't need anything beyond 3-4 funds. Lets say, you spread out your investments across 10 funds and if 1 were to become a success story, it would not have much effect on your returns as your investments in a single fund is low.

 

[sandeep729]

Hello All,

Thanks for the valuable suggestions. Based on the suggestions given and a bit of research, I have decided that to take following steps for my portfolio:

* Continue Kotak opportunities SIP 1000/- pm
* Increase amount in Reliance Growth from 1000/- pm to 2000/- pm
* Withdraw 12000/- from SBI magnum comma and start an SIP from that amount in Reliance Banking fund (G), while continuing SIP in SBI magnum comma
* Increase SIP amount in HDFC Top200 from 1000 to 2000/- (by removing bsl dividend yield 1000/- SIP from the portfolio)
* Increase the SIP amount in DSPBR Microcapfund and from 500/- pm to 1500/- pm thereby removing Quantum Long term equity
* Continue 500/- SIP in HDFC prudence and HDFC midcap opp

Thus I have eliminated bsl dividend yield & Quantum Long term equity. How does my portfolio look now? Does it still need alterations?

Also is it the best time to completely withdraw from SBI magnum comma (g) or partially withdraw as I need to start an SIP in Reliance Banking fund from this amount?

 

[yodlee99]

Your portfolio would come under high return, high risk category. Out of your funds, only HDFC Top 200 & Prudence would have a limited fall if the markets go for a downswing now. These 2 funds get a mere 2500Rs out of the total of 8500Rs per month, assuming your SIP in Rel banking is 1000 per month. Almost alll other funds (Kotak Opp, Rel growth, HDFC midcap, DSPBR microcap) gives a heavy mid & small cap tilt to your portfolio of 6000/8500 = 70% approx. The other fund Rel Banking fund is a sectoral fund. Correct me if my numbers are wrong, as I am assuming these are the only funds in your portfolio.

You may not like me for asking you this... are you ok with betting with 70% of your total savings? I live near a horse-race course but I never cared to stop or bet my money on it. If one is serious about betting on anything, you have to invest time and effort in studying it first... the same goes with small, micro cap companies. Even though your fund selection is good, the allocation should typically be like 70:30 in favor of the giant and large cap funds.