Portfolio review

[shilpaks7]

hey
1) im a first time investor and have shortlisted the following MFs to invest. please review the following and let me know if i am on the right track:
DSPBR Top 100 Equity Reg - 13%
HDFC Top 200 - 26%
UTI Dividend Yield - 26%
HDFC Equity - 20%

2) should i wait for a month or two till market stabilizes or should i start the SIP in June itself

3) Also should i replace, reshuffle the % in any other way or replace/ change % with any of the MFs below:
Franklin India Bluechip
Birla Sun Life Dividend Yield Plus

Please advice

 

[shilpaks7]

hey mbmarx im thinking of choosing the growth option for all the funds (especially considering that the dividend will be taxed from some point)

n thank you very much for that end of the month tip (great tip :thumb

 

[asterix24]

hey
1) im a first time investor and have shortlisted the following MFs to invest. please review the following and let me know if i am on the right track:
DSPBR Top 100 Equity Reg - 13%
HDFC Top 200 - 26%
UTI Dividend Yield - 26%
HDFC Equity - 20%
Your choice of funds is excellent. The weightages can be tweaked better, but, otherwise it is fine.


2) should i wait for a month or two till market stabilizes or should i start the SIP in June itself
Golden rule of investment, Never time the market. Today is the best day to start SIP. What you can do is to augment your investments by buying extra units if you have any surplus


3) Also should i replace, reshuffle the % in any other way or replace/ change % with any of the MFs below:
Franklin India Bluechip
Birla Sun Life Dividend Yield Plus

These 2 funds are also good. You choose a 40% Large and Mid-cap, 30% Multi-cap and 30% Mid and Small cap Strategy. I am taking a guess at your age and lifestyle needs.

Please advice

Happy Investing

 

[shilpaks7]

hey asterix thank you for your reply
wrt strategy - im looking at long term capital appreciation and wealth creation/building, with no immediate need to withdraw; this would be more for retirement funds (which is about 30 years away) or to use some of the profits only (never the invested amount) for an annual vacation or to buy something. my thoughts is to invest for the next 3-5 years and then rotate that money itself and make it grow.

i was also thinking of tweaking the % a little; a little higher risk portfolio, instead of a 80/20 breakup this is a 67/33 between large&mid/ small&mid & multi
please let me know your thoughts about this.

DSPBR Top 100 Equity Reg- 13%
HDFC Top 200 - 26.7%
UTI Dividend - 26.7%
Birla Sun Life Dividend Yield Plus- 13%
HDFC Equity - 20%

 

[drsambu123]

hey asterix thank you for your reply

i was also thinking of tweaking the % a little; a little higher risk portfolio, instead of a 80/20 breakup this is a 75/25 between large&mid/ small&mid & multi
please let me know your thoughts about this.

DSPBR Top 100 Equity Reg- 20%
HDFC Top 200 - 26.7%
UTI Dividend - 26.7%
Birla Sun Life Dividend Yield Plus- 13%
HDFC Equity - 13%

Its not a big deal of changing few %. Start your SIP and follow the % allocation in a range. U cant exactly keep at X %. Particularly when u have multicap funds, they themselve change the allocation. So keep the broader range 70-90/10-30. So adjust only when broader range is altered (so that u can avoid frequent churning)

 

[shilpaks7]

guys any thoughts on Quantum Long Term Equity? they seem to be highly rated everywhere but have an exit load (below) and expense ratio of 2.29

4% for redemption within 180 days(3mths)
3% for redemption 181 - 365 days(3-1year)
2% for redemption - 366 - 540 days(1-1.47yrs)
1% for redemption - 541 - 730 days(1.5-2)

 

[asterix24]

Hi Shilpa,

Do you plan to remove funds in the near-term? If so, consider these numbers prior to investment. If not, don't bother because if you are in the game for long, these shouldn't matter.

BTW, I am not sure if the numbers quoted are for SIP investment or lumpsums? Can you check once as I have a feeling that these steep numbers are for lumpsum?

Happy Investing !!

 

[shilpaks7]

nope i wont be exiting it anytime soon (unless it doesnt perform well)

quantum website says 1.5% expense ratio and same exit load as mentioned above, though it doesnt indicate if its for sip/lumpsum/both

 

[2021]

Shilpa, expense ratio should not be taken as gague to measure a fund as these days there is no entry load and also services have improved alot in compare to past a year or so. With online brokers/fundindia and alikes providing free services, cams and karvy taking forms and linking of ecs, easy and quick remittence of funds, if you pay an extra buck, in long run it's understandable and won't matter much. Generally a 1.5 ratio is average, funds having 2 with good returns can also be considered. Reliance Regular, Birla 95, HDFC 200, IDFC Imperial, Religare Growth, HDFC Mid Cap, DSP 100 all such highly rated and highly recommended, invested and sip'd funds have ER of 2 and more with maximum of 2.5! Quantum Long Term is set to give returns in long run and hence such high exit loads. If you have short term view on entry and exit, try IDFC Nifty, an index based fund. I'm not sure but it's possible quantum turned a tax fund to open end therefore such high exit loads but retuns are lucrative and it's on my radar too.

Also if you are sip'ing, don't do it once in a month like advised at end of month, do it in staggered way if you have 3 or more funds. Further if you have 3-5 years view, consider some different flavours instead of keeping 1 types as in dsp 100, hdfc equity and hdfc 200. Try UTI MNC, reliance equity oppor, sbi emerging or sbi global instead of any one of your choosen funds. These funds changes portfolio according to mood of market and future outlook, equities that will grow in future and not just prototypes sbi, icici, lnt, reliance, itc, infosys fund. While market has changed it's mood and rejected infy, sbi and reliance in last few months, most funds still holds an average of 20% of these as they are becnhmark and weight owner of nifty inspite a flop show.

 

[shilpaks7]

hey 2021 thank you for the reply.

i was thinking of SIPs of some funds on 25th;some on 20th and rest on 15th
25th seems to be the best with BSE 100/200 funds. for the rest it doesnt seem to matter when exactly beyond the first week(that seems to be bad across all funds)
atleast that is the plan- guess in the long run it really wont matter

that was going to be my next question since i recently noticed that for the shortlisted funds there was no sector diversification (for almost all the ones i mentioned above the 2 sectors they have focused on is financial and energy). should i ignore that and focus on the returns they are throwing up or should i diversify?