Current Portfolio review - Anything that I should consider selling? (Shared my current SIPs desc/ratio in another post due to single image/post limitation, I've done 35k/70k/1L LTCG Profit harvesting in last 3 years)
Probably, your investments are all in regular funds. Switch them to direct to get better returns.
Parag Parikh Flexicap and Parag Parikh tax saver kind of have similar portfolio, invest in one and not the other.
I would suggest just one flexicap fund, not multiple. My personal bias is towards Parag Parikh Flexicap.
I am not a big fan of ICICI prudential value discovery. Parag Parikh Flexicap is value oriented in philosophy, so that works for me.
UTI Nifty 200 Momentum 30, I stay away from random indexes.
Short term fund is good for parking emergency funds.
Thank you, for your inputs!
- All are direct funds.
- I've stopped SIPs/lumpsum investments in all ELSS MFs since my EPF investments cover up for 80C. I plan to redeem existing investments in upcoming years as their 3 year lockup period is completed.
- I've stopped SIPs/lumpsum investments in all other Flexicap funds except PPFAS. I plan to redeem other existing Flexicap investments for LTCG Profit harvesting when they are in profit and when their exit load period is over.
- I'm continuing my SIPs in ICICI Prudential Value discovery fund since it has good performance in the past, lower overlap with PPFAS and lower average P/E compared to other value funds - I'm expecting a lower drawdown in this fund if there's a significant market correction. Do you have any other recommendation of a Value fund other than PPFAS?
- This random index has given a better CAGR(delta of 2-3%) than Nifty 50 in last 15 years. :)
- I've stopped investments in the HDFC Short term fund though, after the change in tax implication of 100% debt funds. I'll be diverting some of my investments to FD and some to HDFC Balanced advantage fund. What do you think about that?
Yea put some fund in FD considering 7.5-8% return availability for next 2-3 years FD tenure also diversify in GOld as well like SGB
Put 15-20% in GOlD
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Remove Axis fund, worst AMC. I have tried 2-3 of their funds and I found all of them lagging significantly behind its peers. Now I have stopped all Axis MFs. btw, is it your entire investment, or you have put money elsewhere too (fd/liquid/land…)
- Yes, I'm planning to redeem Axis MF(already stopped SIPs) especially after the scam that surfaced in the last quarter. I'm not sure if it would be wise to wait for a year for LTCG profit or not. I know it makes more sense to book a loss and deploy the money at a better performing asset.
- The current value in direct stocks is ~5L, EPF is ~4L, auto-sweep savings account/Flexi FD is ~15L.
- I am paying an EMI of ~50k/month for a house that my parents(they did the down payment) and I bought two years ago. We have not got the possession right now - so no rental income.
- I currently live in my parents' house.
Cool, pretty impressive saving you have at such young age. Are you from Tier1 Colleges?
btw, that flexi FD amount you can start moving to selective Banks which give high interest rates. Some Banks give close to ~8% interest rate now (IndusInd Bank, DBS Bank etc)
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You seem young.. you can increase exposure to small cap funds... The exit opportunity will be once every 3-4 years (assuming exit only if good returns), but you have a bigger time horizon at your disposal
Too many investments , my suggestion would be have 1 nifty index , 1 small cap and 1 flexicap(which you have like Parag parikh flexicap). 1 sectoral fund.For tax saver there are other avenues like 80c ppf . Unless under Stcg you might wanna exit
1337C0d3r
Stealth
a year ago
Bhaiyya bas 2-4 AMC ke funds nahi hai iss portfolio mein... Woh bhi lelo aur apna collection complete karlo 🙄
Lokiman, found our current financial position and long term goals to be similar. Also like your approach of managing public markets portfolio. If you don't mind would love to know more about you. Perhaps you could share
Age, Current networth, Portfolio allocation today, Infustry and role, FIRE age, FIRE net-worth, FIRE location, dependents. Assuming Spouse numbers would be combined
Haha sounds like too much so ok if you want to pass.
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Not sponsored. Have been investing for more than 8 years now and found their advise good. I used to invest via an offline broker till now.
