Newcomer's Portfolio Review

#1
Hello Fellow Investors and Experts,

I really like the idea of investing and enhancing your wealth. I'm new to investment with no experience. I've created below portfolio to start my investment journey. My time horizon is for 15 years and diversity is key attribute for me so, please review the below portfolio with keeping above attributes in mind.

Funds
--------

> Objective - Tax saving

> PPF
> amount - 8334 per month
> started - somewhere in 2014

> HDFC Taxsaver Fund Regular (D)
> amount - 5000
> started - 20 Oct 2017
> duration - 15 years
> market cap - large

> Objective - Long term and focus (sectoral)

> L&T Infrastructure Direct (G)
> amount - 5000
> started - 14 Apr 2018
> duration - 15 years
> market cap - mid

> Objective - Long term and Diverse

> Invesco India Contra Fund Direct (G)
> amount - 5000
> started - not yet
> duration - 15 years
> market cap - multi.

> Reliance Small Cap Fund Direct (G)
> amount - 5000
> started - not yet
> duration - 10 years
> market cap - small


Sector break down
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I'm only considering sectors which have a share greater than 5 percent in the fund.

> HDFC Taxsaver Fund
Construction (10%)
Energy (25%)
Financial (27%)
Technology (8%)

> L&T Infrastructure
Communications (9%)
Construction (39%)
Energy (19%)
Metals (15%)

> Invesco Contra Fund
Automobile (10%)
Construction (7%)
Energy (9%)
Engineering (7%)
Financial (26%)
Healthcare (7%)
Technology (11%)

> Reliance Small Cap Fund
Chemicals (13%)
Constructions (11%)
Engineering (14%)
Financial (8%)
FMCG (15%)
Technology (6%)
Textiles (6%)

I'm open to any feasible change to my portfolio so please don't hesitate in suggesting something new. I would probably can go for one more fund so if someone have a good suggestion then please let me know.

Happy investing !

Cheers,
CL
 

slevin

New Member
#2
I think you would be better off consulting a registered financial advisor or taking DIY approach to personal finance than soliciting advice on an open forum. Just my 2 cents.
 

doonyadav

Active Member
#3
Since your time horizon is 15 years you can invest in diversified equity fund and equity multicap fund.
1. Choose growth rather dividend.
2. If tax saving - consider ELSS of SBI, HDFC
3. Start SIP in 3-4 funds only. Don't create a mess.
4. You Already have PPF fund. Put your rest of savings in Equity MF.
5. Take term insurance= 15X of your annual income.
6. Take health Insurance = 3X of your annual income.
7. Put aside 6 months of your income as contingency fund in any liquid fund or bank deposit.
 
#4
Since your time horizon is 15 years you can invest in diversified equity fund and equity multicap fund.
1. Choose growth rather dividend.
2. If tax saving - consider ELSS of SBI, HDFC
3. Start SIP in 3-4 funds only. Don't create a mess.
4. You Already have PPF fund. Put your rest of savings in Equity MF.
5. Take term insurance= 15X of your annual income.
6. Take health Insurance = 3X of your annual income.
7. Put aside 6 months of your income as contingency fund in any liquid fund or bank deposit.
Thank you so much!
I do have health insurance but no term insurance, something I'm looking into.

1. HDFC taxsaver is dividend. I'll change it to growth option.
2. Yes, HDFC.
3. I've selected 4 funds, what better I can do make my portfolio more clean/smooth.
4. Sure.
5. Looking into
6. I have.
7. Bank deposit for savings and emergency use. Liquid/Debt funds are taxable, rather go with high risk on Equity MFs.

Cheers !
 

doonyadav

Active Member
#5
Term plan only e-term or i-term. Take online term. 10-15 times of your annual income. Less than 10 times is not sufficient for the family and more than 15 times will increase ' Morale Hazard' on your life.
 

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