My MF Portfolio

[life2007]

Hi Friends

Could you please go through my portfolio and advise if it is overall conservative, aggressive or moderate please. I deliberately added 2 Mid and Small caps last month since I was very conservative when I started in 2008. However on close scrutiny, I find there is not even single Large Cap but only Large &Midcap fund.

I have started SIP for all this MFs for one whole year, just wanted to make sure if i am on right track please. Am I playing too dangerously now?


HDFC Top 200 : Large & Mid Cap
HDFC Prudence : Hybrid
DSP Equity : Multi Cap
Reliance Savings : Multi Cap
IDFC Mid & Small Cap : Mid & Small Cap
ICICI Pru Discovery : Mid & Small Cap

Thanks a ton

Jeet

 

[asterix24]

Hi Jeet,

Your portfolio looks fine. If Reliance Savings actually means Reliance Regular Savings Equity, then your portfolio is perfect.

Regarding your comment on pure Large Cap funds, DSPBR Top 100, Franklin India Bluechip are some of the highly rated Large Cap funds.

Happy Investing !!

 

[life2007]

Hi Asterix,

Thank you for your comments. Yes, it is Reliance Regular Savings Equity Fund.

Regarding your suggestions of Large Cap funds, should I discontinue one of the existing multi cap fund say DSP Equity and start SIP on DSP Top 100 or Franklin India Blue Chip.

I was just comparing between DSP Equity and DSP Top 100 in valueresearch, all the first top 10 stock are identical, just wondering whether to keep the portfolio as it is and see how it goes.

Thanks

Jeet

 

[shilpaks7]

DSP Equity is categorised as a Multicap but DSP Top 100 is a Large Cap. risks and returns are very different

 

[2021]

To further diversify you can add UTI MNC or SBI Global or SBI Emerging Businesses fund. Reason of adding eaither of 1st 2 is most MNCs go for buy back sooner or later hence a share in portfolio give multifold returns which you can't keep via equity route plus it comes with a unique portfolio and a very different sector weightage unlike prototype funds.

SBI Emerging businesses in my view is best fund of the year! In past during 2008 it had parked it's 60% value in Infra, Engineering and Constructions, in 2009 it made it's portfolio tilt toward Financials, Reality and Auto and now it's Finacials, FMCG and Services they have in portfolio as most weighted. This year it's outperforming all equity funds if you don't count international or gold funds. The postfolio is very unique and gives you ample penetration in stocks which you won't get in typical HDFC 200 types.

 

[asterix24]

Hi Asterix,

Thank you for your comments. Yes, it is Reliance Regular Savings Equity Fund.

Regarding your suggestions of Large Cap funds, should I discontinue one of the existing multi cap fund say DSP Equity and start SIP on DSP Top 100 or Franklin India Blue Chip.

I was just comparing between DSP Equity and DSP Top 100 in valueresearch, all the first top 10 stock are identical, just wondering whether to keep the portfolio as it is and see how it goes.

Thanks

Jeet

Hi Jeet,

Looking at your current portfolio, I would recommend adding DSPBR Top 100 as Large-Cap fund.This will help to balance your portfolio.

Happy Investing !!

 

[drsambu123]

Hi Friends

Could you please go through my portfolio and advise if it is overall conservative, aggressive or moderate please. I deliberately added 2 Mid and Small caps last month since I was very conservative when I started in 2008. However on close scrutiny, I find there is not even single Large Cap but only Large &Midcap fund.

I have started SIP for all this MFs for one whole year, just wanted to make sure if i am on right track please. Am I playing too dangerously now?


HDFC Top 200 : Large & Mid Cap
HDFC Prudence : Hybrid
DSP Equity : Multi Cap
Reliance Savings : Multi Cap
IDFC Mid & Small Cap : Mid & Small Cap
ICICI Pru Discovery : Mid & Small Cap

Thanks a ton

Jeet

2 multicap and 2 mid-small cap funds definetly more risky during downtrend... Change one of the multicap to large cap(Franklin blue chip or DSP top100) atleast

 

[life2007]

Hi

Thank you everyone for your inputs. Based on your valuable advice, I have revamped my portfolio including one Large Cap Fund.

This is the final picture now. Hope it is Ok. If you find anything further to be looked at, please do tell, I am immensely grateful for your time and inputs.

DSP Blackrock TOP 100 : Large Cap
HDFC Top 200 : Large & Mid Cap
HDFC Prudence : Hybrid
Reliance Regular Savings : Multi Cap
IDFC Small & Mid Cap : Small & Mid Cap
ICICI Pru Discovery: Small & Mid Cap

I have also invested some amount in HDFC MIP Long Term and Reliance MIP, but now dormant as I investing in FDs now due to current interest scenario.

Does it look an ideal portfolio for at least an year if not a dream one please?

Also, the two small & mid cap have been added only from April 2011 onwards to add some aggression. I have started investing from 2008 and had played very conservative till now. Major Invested amount lies in HDFC Prudence and DSP Equity. (and also SBI max tax gain which i am in process of redeeming)

I am looking for long term investment and thought to add these small & mid cap funds.

Thanks again

Jeet

2 multicap and 2 mid-small cap funds definetly more risky during downtrend... Change one of the multicap to large cap(Franklin blue chip or DSP top100) atleast

 

[asterix24]

Your portfolio looks just fine

Happy Investing !!