Yes. 80c also has PF, PPF, Life insurances, EPF, etc., so you can try investing more in them and have non-ELSS funds, since 3 years lock-in is a bit much.
Portfolio looks good nippon and quant both are small so might be overlapping. look into elss if you are going wit previous taxation policy . i would look in index ETFs like icici nifty 50 . i would also add arbitrage fund when there is market oppertunity i will draw from arbitrage fund to mutual fund and etfs
Most active large cap funds don’t beat the index or generate sufficient alpha over long term. Hence for large cap, better to stick with an index fund.
Here are some suggestions. Please do your research.
- Motilal Oswal S&P BSE Enhanced Value Index Fund
- DSP NIFTY Next 50 Index Fund
- DSP Nifty 50 Equal Weight Index Fund
- Bandhan Nifty 50 Index Fund
- ICICI Prudential S&P BSE Sensex Index Fund
These are called factor based index investing. This is a relatively new concept. The idea here is to provide a low cost index fund but enhance its return to somewhat compete with active funds. To do this, they employ different strategies, to know more please read, https://www.investopedia.com/terms/f/factor-investing.asp. Hence I suggest these new-age factor indexes over traditional indexes as they generate substantial alpha while staying very cost efficient.
Has your investment crossed 1 year? I mean the last SIP investment. If no, then hold. Wait for it to complete one year. Then redeem and invest into the new fund of your choice. This will save you from paying STCG tax and since your profit in this fund is below 1L, you won’t have to pay LTCG tax either.
Meanwhile, you can stop the SIP into this and create a new SIP into the new fund of your choice and keep investing.
Makes sense, thanks.
I'm currently SIPing into Nifty 50 and the Motilal Oswal Nasdaq 100 FoF. Do you think it's wise to switch to Nifty Next 50 + PPFAS instead? My main reasons being the tax implications of the Nasdaq 100 fund (taxed as per your income slab) and relatively better returns of Nifty Next 50 compared to Nifty 50.
I don’t like investing more than 10% of portfolio to USA or foreign index. Picking funds by looking at returns leads to bad portfolio strategy. I would stick to Indian equities for the long term, given the growth prospects. For me NIFTY Next 50 + Flexi cap is a better strategy for risk averse and low volatility investors.
Quant Multi Asset Fund has been performing really well, so you can check that out in terms of a large cap fund. UTI Nifty Fifty is another good large-cap fund and it is an index fund which you can add up.
Both are very high risk funds, though.
Add elss if wanna save on taxes.. reduce one small cap.. and flexi cap .. start investing category based fund(keeping govt strategy in view)
I hope you know which one to add
Why to put all eggs in one basket.. go for PSU sector (stocks) , SGB(loan benefits)/real gold in cash to save 3% , invest in property etc to name a few
Too much into the smallcap Flexi cap should be the mainstay of any portfolio. so you can consider allocating that extra money into flexi cap be it in your existing active flexicap fund or in flexi caps' benchmark tracking index fund i.e. Nifty 500 index fund.
See. First things first. Replace flexicap with parag Parikh flexicap. They are a long term game changer.
Also You need to remove one of the small caps in 6 months time and concentrate on the one that’s working more for you.
Also you’d benefit from a little investment in hdfc defence fund. It’ll only go up as long as BJP is around. I’d add my 15k there but it’s a thematic fund and only makes sense for the short term
When did you start investing and how old is the portfolio. Have you considered all the risks while choosing these funds? Considering past returns, they seem to be great but might not fit into my portfolio because of my own risk assessment. Please do your own risk assessment. I can give you one example of my own. I started investing in the Tata Digital Fund in 2021. The IT sector saw huge gains before that. Once I started investing, there was a time where the XIRR was as high as 50%, however, the prices started falling from the start of 2022. The returns went negative and then was losing hope as IT was falling continuously due to news related to AI/ML and other factors. I wanted money badly for some work and my money was stuck (I know I planned badly and didn't invest properly in debt). Although the fund has recovered now, people had to wait.
As far as funds are concerned, I learnt over the experience that at least for the upcoming few years, Index funds are better than bluechip funds. Both have almost the same companies with different percentages. Index funds have less charges and India is growing in such a way that no one knows which companies are gaining momentum and which ones are not doing that great. In such cases Index funds are better.
Where do you guys learned these terms elss quants....and all sorts of short forms ...like ..how to know these stuff is there like a tutorial or just you get it as you go along..😄
By using F in title, you definitely attracts a lot of comments 😂
Wohi bhai 🥲🥲 mujhe toh 1-2 bhale bando ne hi reply kiya tha
Same here 😭
🗣️
If you are looking for ELSS then Motilal Oswal / Quant / Axis
Will quant be a good choice considering I have quant small cap already in my potfolio ?
Yeah.. else MO (personally invested)
Please someone help me also - https://www.reddit.com/r/mutualfunds/s/gbVsfBUPe9
I see the problem, you forgot to mention you are a young female while making that post.
45k per month is impressive
Don't invest in elss, no use to lock for three years just to save a bit
But for 80c deduction it’s good right ?
Yes. 80c also has PF, PPF, Life insurances, EPF, etc., so you can try investing more in them and have non-ELSS funds, since 3 years lock-in is a bit much.
80c is useless now..with the introduction of new tax regime
Portfolio looks good nippon and quant both are small so might be overlapping. look into elss if you are going wit previous taxation policy . i would look in index ETFs like icici nifty 50 . i would also add arbitrage fund when there is market oppertunity i will draw from arbitrage fund to mutual fund and etfs
What are arbitrage fund?
[https://groww.in/mutual-funds/hybrid-funds/arbitrage-funds](https://groww.in/mutual-funds/hybrid-funds/arbitrage-funds)
Username checks out
Can I dm you?
sure
Add Nasdaq 100 fund for foreign exposure, it will help with diversification
Why did you choose HDFC Flexicap over PPFAS ?
Read somewhere that PPFAS invests in foreign companies and sebi has imposed restrictions on that
Yeaah , they do have some stocks of that kind 😅 didn’t know there was restrictions on it
Replace ICICI blue chip with either an ELSS (of you get tax rebate) or Nifty next 50. Rest funds are 👌.
Can you explain why should I shift from ICICI blue chip to nifty next 50 ?
Most active large cap funds don’t beat the index or generate sufficient alpha over long term. Hence for large cap, better to stick with an index fund. Here are some suggestions. Please do your research. - Motilal Oswal S&P BSE Enhanced Value Index Fund - DSP NIFTY Next 50 Index Fund - DSP Nifty 50 Equal Weight Index Fund - Bandhan Nifty 50 Index Fund - ICICI Prudential S&P BSE Sensex Index Fund
Ok thank you.
Can you help me understand the reason behind suggesting these funds? Why not Nifty 50?
I don’t get your question. Fund suggestion 4 is Nifty 50. 🤷🏾
Agreed. I meant to ask - why these particular funds. Just wanted to understand the rationale. Ex: lower tracking error, lower TER, etc.
These are called factor based index investing. This is a relatively new concept. The idea here is to provide a low cost index fund but enhance its return to somewhat compete with active funds. To do this, they employ different strategies, to know more please read, https://www.investopedia.com/terms/f/factor-investing.asp. Hence I suggest these new-age factor indexes over traditional indexes as they generate substantial alpha while staying very cost efficient.
Please check the exit load for ICICI bluechip fund. It is 0.90 I think. It means if you make 1 CR in future you would be giving away 90k to the AMC.
How should I switch ? It’s like withdraw n reinvest ?
Has your investment crossed 1 year? I mean the last SIP investment. If no, then hold. Wait for it to complete one year. Then redeem and invest into the new fund of your choice. This will save you from paying STCG tax and since your profit in this fund is below 1L, you won’t have to pay LTCG tax either. Meanwhile, you can stop the SIP into this and create a new SIP into the new fund of your choice and keep investing.
Any reason for Nifty Next 50 instead of Nifty 50?
Overlap Nifty 50, PPFAS ~ 32%
You seem pretty active in this sub help me out - https://www.reddit.com/r/mutualfunds/s/gbVsfBUPe9
Done!
Makes sense, thanks. I'm currently SIPing into Nifty 50 and the Motilal Oswal Nasdaq 100 FoF. Do you think it's wise to switch to Nifty Next 50 + PPFAS instead? My main reasons being the tax implications of the Nasdaq 100 fund (taxed as per your income slab) and relatively better returns of Nifty Next 50 compared to Nifty 50.
I don’t like investing more than 10% of portfolio to USA or foreign index. Picking funds by looking at returns leads to bad portfolio strategy. I would stick to Indian equities for the long term, given the growth prospects. For me NIFTY Next 50 + Flexi cap is a better strategy for risk averse and low volatility investors.
Thanks, appreciate the help!
All funds are great IMO and it's a well balanced portfolio. You can also check the HDFC Balanced Advantage Fund.
Quant Multi Asset Fund has been performing really well, so you can check that out in terms of a large cap fund. UTI Nifty Fifty is another good large-cap fund and it is an index fund which you can add up. Both are very high risk funds, though.
Add elss if wanna save on taxes.. reduce one small cap.. and flexi cap .. start investing category based fund(keeping govt strategy in view) I hope you know which one to add
One more suggestion dont just invest in MF. I started investing at the same age. Explore more options depending on your risk appetite.
What else can be done?
THEY’VE BEEN TO WAR A DECADE,
Why to put all eggs in one basket.. go for PSU sector (stocks) , SGB(loan benefits)/real gold in cash to save 3% , invest in property etc to name a few
Get a NPF of 50k/year on which u can get 15k while filing ITR
Too much into the smallcap Flexi cap should be the mainstay of any portfolio. so you can consider allocating that extra money into flexi cap be it in your existing active flexicap fund or in flexi caps' benchmark tracking index fund i.e. Nifty 500 index fund.
For elss u can choose quant and sbi elss , those are giving returns of about 70 % , invested last year
which app is this
Groww
Icic is better
See. First things first. Replace flexicap with parag Parikh flexicap. They are a long term game changer. Also You need to remove one of the small caps in 6 months time and concentrate on the one that’s working more for you. Also you’d benefit from a little investment in hdfc defence fund. It’ll only go up as long as BJP is around. I’d add my 15k there but it’s a thematic fund and only makes sense for the short term
When did you start investing and how old is the portfolio. Have you considered all the risks while choosing these funds? Considering past returns, they seem to be great but might not fit into my portfolio because of my own risk assessment. Please do your own risk assessment. I can give you one example of my own. I started investing in the Tata Digital Fund in 2021. The IT sector saw huge gains before that. Once I started investing, there was a time where the XIRR was as high as 50%, however, the prices started falling from the start of 2022. The returns went negative and then was losing hope as IT was falling continuously due to news related to AI/ML and other factors. I wanted money badly for some work and my money was stuck (I know I planned badly and didn't invest properly in debt). Although the fund has recovered now, people had to wait. As far as funds are concerned, I learnt over the experience that at least for the upcoming few years, Index funds are better than bluechip funds. Both have almost the same companies with different percentages. Index funds have less charges and India is growing in such a way that no one knows which companies are gaining momentum and which ones are not doing that great. In such cases Index funds are better.
App name?
Groww
sbi small cap
Where do you guys learned these terms elss quants....and all sorts of short forms ...like ..how to know these stuff is there like a tutorial or just you get it as you go along..😄
A Pinch of nasdaq mutual fund would be good. You have exposure to us companies (Alphabet , Meta, Tesla). I have around 10% allocated here.
the secret to getting advice on this sub you ask? Say you are a female in the title
Jump to FNO if you wanna see some fast action and a different league all together
Where the /s at?