MF portfolio restructuring

#1
can anyone please tell how to do MF portfolio restructuring based on the fund performance. I am regularly investing in diversified equity mutual funds and Equity ELSS funds for the past 5 years and would like to continue for another 15 years.

Please tell me how to switch from one fund to another fund inbetween. Suppose I have invested in SIP for 3 years in ABC fund and its performance is not good, so should I sell all the units and invest the money in some other good performing fund of same category in lump sum? In this case is it good to invest the money in lump sum?

Currently I am investing in the below equity funds in SIP,

HDFC Top 200 - Growth
Franklin India Bluechip - Growth
HDFC Tax Saver - Growth
ICICI Prudential Tax Plan - Growth
Canara Robeco Equity Tax Saver - Growth
 
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#4
can anyone tell me how to switch from one fund to another fund inbetween. Suppose I have invested in SIP for 3 years in ABC fund and its performance is not good, so should I sell all the units and invest the money in some other good performing fund of same category in lump sum? In this case is it good to invest the money in lump sum?
 

TracerBullet

Well-Known Member
#5
can anyone please tell how to do MF portfolio restructuring based on the fund performance. I am regularly investing in diversified equity mutual funds and Equity ELSS funds for the past 5 years and would like to continue for another 15 years.

Please tell me how to switch from one fund to another fund inbetween. Suppose I have invested in SIP for 3 years in ABC fund and its performance is not good, so should I sell all the units and invest the money in some other good performing fund of same category in lump sum? In this case is it good to invest the money in lump sum?

Currently I am investing in the below equity funds in SIP,

HDFC Top 200 - Growth
Franklin India Bluechip - Growth
HDFC Tax Saver - Growth
ICICI Prudential Tax Plan - Growth
Canara Robeco Equity Tax Saver - Growth
Your portfolio seems fine. There are many good funds and just selecting 3-4 good ones should be enough.
HDFC - Equity/Top 200 has not done brilliantly in last few years but its fund manager has done very well for 20+ years through many cycles. I would prefer to wait it out through at least 2-3 years and switch only if it doesnt outperform in next hopeful bull run.

Anyway, listed below are some diversified alternatives you can consider instead of your large-cap focussed portfolio. For 15 years investement, i would refer these - But understand that they may be more volatile
Look at value research / morningstar / fundsindia websites for more info.

Franklin Prima Plus, Birla Frontline Equity, Mirae Asset India Opportunities Fund, UTI Equity.
You can also put smaller amounts in Midcap Funds like HDFC Midcap, UTI Midcap, Mirae Asset Emerging Bluechip Fund, Franklin Prima.

can anyone tell me how to switch from one fund to another fund inbetween. Suppose I have invested in SIP for 3 years in ABC fund and its performance is not good, so should I sell all the units and invest the money in some other good performing fund of same category in lump sum? In this case is it good to invest the money in lump sum?
If the two schemes are with same fund house, you can simply switch between them. Else you will have to redeem in one and buy in other.

if the two funds are both equity diversified then lumpsum should be fine. But prefer new investements using SIP. Also make sure that you invest in DIRECT versions of the scheme and to have some sort of allocation plan between Equity, Debt and other stuff.
 
#6
Hello Sir!

I am new to the forum and intend to learn from you guys.

Also make sure that you invest in DIRECT versions of the scheme and to have some sort of allocation plan between Equity, Debt and other stuff.
What is the difference between Direct and Regular plans and which one is advisable for a high risk high gain portfolio?

Following are the funds I am holding and stopping the SIP for next 6 months. What should I do with the funds. Which ones should we switch and to which fund should I switch?


BIRLA SUN LIFE DIVIDEND YIELD PLUS - GROWTH
CANARA ROBECO EQUITY DIVERSIFIED - GROWTH
HDFC TOP 200 - GROWTH
ICICI PRUDENTIAL FOCUSED BLUECHIP EQUITY FUND - RETAIL - GROWTH
ICICI PRUDENTIAL FOCUSED BLUECHIP EQUITY FUND - RETAIL - GROWTH
IDFC PREMIER EQUITY FUND - REGULAR - GROWTH
SBI EMERG BUSS FUND - GROWTH
SBI EMERG BUSS FUND - GROWTH
SBI MAGNUM INCOME FUND - GROWTH
UTI DIVIDEND YIELD FUND - GROWTH
 

TracerBullet

Well-Known Member
#7
Hello Sir!

I am new to the forum and intend to learn from you guys.



What is the difference between Direct and Regular plans and which one is advisable for a high risk high gain portfolio?

Following are the funds I am holding and stopping the SIP for next 6 months. What should I do with the funds. Which ones should we switch and to which fund should I switch?


BIRLA SUN LIFE DIVIDEND YIELD PLUS - GROWTH
CANARA ROBECO EQUITY DIVERSIFIED - GROWTH
HDFC TOP 200 - GROWTH
ICICI PRUDENTIAL FOCUSED BLUECHIP EQUITY FUND - RETAIL - GROWTH
ICICI PRUDENTIAL FOCUSED BLUECHIP EQUITY FUND - RETAIL - GROWTH
IDFC PREMIER EQUITY FUND - REGULAR - GROWTH
SBI EMERG BUSS FUND - GROWTH
SBI EMERG BUSS FUND - GROWTH
SBI MAGNUM INCOME FUND - GROWTH
UTI DIVIDEND YIELD FUND - GROWTH
Direct Funds have less expense ratio by ~0.5-1%. This has a large affect in long term returns ( probably 20-30% after 15years ). You can invest in direct funds by transacting directly using MF website. You cannot invest in them using broker accounts.

There is no need to switch between funds continously. Just pick 3-5 good diversified funds with long term track record and then forget about it. Aim to hold for 10+years but review and tweak if needed once in few years. I already gave some good funds. You can also check the 3 websites i gave. They have recommended fund list like this one
 

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