GigglyWalrus
GigglyWalrus

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)

Post image
21mo ago
App Promo
FluffyNugget
FluffyNugget
Plivo21mo

Kya karoge itne investments ka ?

GigglyWalrus
GigglyWalrus
Gojek21mo

FIRE

FluffyNugget
FluffyNugget
Plivo21mo

Abhi maze karlo. FIRE toh moving goalpost h.

SillyNugget
SillyNugget
Amazon21mo

Itna paisa kahan se aarha hai logon ke pass 30-30L sip mei daalne ka😂

GigglyWalrus
GigglyWalrus
Gojek21mo

Monthly SIP = 1 lakhs, Current portfolio= ~30 lakhs ; I've been investing from ~5 years now. Redeemed only for LTCG Profit harvesting.

SillyNugget
SillyNugget
Amazon21mo

Can you tell your YOE and TC?

FluffyWalrus
FluffyWalrus

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.

GigglyWalrus
GigglyWalrus
Gojek21mo

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?
CosmicMochi
CosmicMochi

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

JumpyPretzel
JumpyPretzel

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…)

GigglyWalrus
GigglyWalrus
Gojek21mo
  • 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.

JumpyPretzel
JumpyPretzel

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)

DancingNarwhal
DancingNarwhal
EY21mo

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

BouncyMochi
BouncyMochi

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

ZippyKoala
ZippyKoala

Bhaiyya bas 2-4 AMC ke funds nahi hai iss portfolio mein... Woh bhi lelo aur apna collection complete karlo 🙄

GigglyPretzel
GigglyPretzel

Top many plans!!

WigglyBoba
WigglyBoba

Not more than 4 or 5 mutual fund.

SillyRaccoon
SillyRaccoon
Airtel21mo

Congratulations for the good portfolio @LokiMan! Instead of taking advise here, I suggest you try invest advisors like Deserv and Liquidae. They will help you build a good portfolio and their apps are available on Play/App store.

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.

Discover more
Curated from across
Personal Finance
by QuirkyDumplingCred

Need advice for next steps

This is the current state of my portfolio, I've been doing an SIP of 60k per month for the last 3 yrs. I want to increase my SIP to 1 lakh. I have a few questions. I won't be having any big expenses for the next 4 years.

  1. It's mostly ...
Post image
2.2K
Personal Finance
by WobblyPancakeCEO

Help gauge my portfolio

Hi all awesome people, I have been investing for 7 years now, since I started my job and below is the break down of my current SIPs:

Category Fund Amount Small cap Nippon India Small Cap Fund 15000 ELSS Quant Tax Plan 7000 Flexi cap Par...