mutual fund scheme with largest share of investment

[Gabbar]

Index investing is popular in west. Where contries are developed and return of 4 % on government bond is more than expected while growing economy like India this return is 7 -8%.

 

[Mogambo]

You do you!
I Will not be a nay-sayer. But I'll challenge you to bring me a good strategy and change my mind.

Also,

Yes Warren buffet invested in index funds. Secret of warren he uses all the means and opportunities his advantage.

 

[suhasa010]

Axis equity ELSS
For IT exemption

RIP.
Same here though.
My worst underperforming fund. Switched to Quant Tax Plan recently (which seems to be the best ELSS). But anyway older funds are still stuck until the units complete 3 years.

 

[bugmenot]

Those who invest in ELSS, now nifty 50 index fund is also available as ELSS. This fund is managed by IIFL, now known as 360 ONE.

https://www.valueresearchonline.com/funds/42908/360-one-elss-nifty-50-tax-saver-index-fund-direct-plan/

 

[Mogambo]

Only MF Portfolio
97.31% Icici Pru Technology Direct Growth
2.69% Hdfc Retirement Fund(By mistake i purchased)

I have a separate stocks portfolio.

 

[Mogambo]

direct equity 30-40 lakh having huge loss of 17% due to nykaa
rest in mf portfolio size now above 3.5 cr
I think for normal person mf is far better than stocks.
I had awl at 350 average ....moved to 700 (didnt sell) now see result.
I have invested in small case also around 10 lakhs approx but again not huge profit here.

what is your age?

 

[Cardmarvel]

what is your age?

And what is your source of income? Salaried? Business? Anything you can share with us to build that kind of PF 😊

 

[R!ppEr]

RIP.
Same here though.
My worst underperforming fund. Switched to Quant Tax Plan recently (which seems to be the best ELSS). But anyway older funds are still stuck until the units complete 3 years.

same, but now quant also has taken a hit due to sudden surge in AUM and adani hit

 

[suhasa010]

same, but now quant also has taken a hit due to sudden surge in AUM and adani hit

True. But hopefully they will rebalance as they have done in the past.

 

[R!ppEr]

True. But hopefully they will rebalance as they have done in the past.

With ever increasing aum it becomes increasingly difficult to rebalance.

 

[jack333]

With ever increasing aum it becomes increasingly difficult to rebalance.

So you don't recommend small caps? Which are more safer and beneficial in a longer run out of flexi cap, mid cap and index funds?

 

[krishc]

So you don't recommend small caps? Which are more safer and beneficial in a longer run out of flexi cap, mid cap and index funds?

I don't think he is talking particularly about small cap
rather in general, for any MF that grows too big in terms of AUM, it becomes difficult for them to rebalance in short time

 

[R!ppEr]

I don't think he is talking particularly about small cap
rather in general, for any MF that grows too big in terms of AUM, it becomes difficult for them to rebalance in short time

yep!

 

[R!ppEr]

So you don't recommend small caps? Which are more safer and beneficial in a longer run out of flexi cap, mid cap and index funds?

if i have to rebalance a portfolio worth 1cr its easier to do in the market, whereas if i want to rebalance a 100cr portfolio, it will be difficult and will take days to get correct prices that i want. Now multiply this by a factor of 100

also quant has been churning their funds the most out of any AMC in india, i think the last number i read was over 120 times(avg of all their funds) while the avg turnover for indian amc's is around 60-70 only!

again not saying we shouldn't invest in quant(i have a big chunk with them myself) but just saying their performance is about to plateau in the coming months/years since it has suddenly grown too big.

 

[jack333]

So which one do you recommend?

 

[R!ppEr]

So which one do you recommend?

rather than a single cap, try multi/flexi/hybrid funds.
you can get the performance/rank/AUM/risk/etc here -> https://www.moneycontrol.com/mutual-funds/performance-tracker/returns/flexi-cap-fund.html
but also, its just my way take on things, im not an investment advisor, its your hard earned money so do all due diligence before investing

 

[R!ppEr]

for a full disclosure, i recently removed my funds from Kotak smallcap and invested in direct equity😅

 

[bugmenot]

do all brokers show this tracking error ?

No but there is paid screener available from freefincal

Index fund tracking error screener May 2023

This index fund screener is based on tracking error and returns difference wrt benchmarks (aka tracking difference). The screener will help users evaluate

freefincal.com

 

[jade]

Canara Rob blue chip
Parag Parikh Flexi cap
Quant Active
PGIM Midcap
Tata small cap

Large cap funds with an allocation of 60%, and mid and small cap with an allocation of 40%

My latest MF portfolio:

Canara Robeco Bluechip Fund: 25% of SIP allocation
Parag Parikh Flexi Cap Fund: 40% of SIP allocation
PGIM Mid Cap opportunities Fund: 20% of SIP allocation.
Quant Small Cap Fund: 15% of SIP allocation.

All SIPs per month is Rs 1,00,000

Large cap allocation 65%, and mid & small cap allocation 35% of the total invested money.

 

[sky_walker_rules]

My latest MF portfolio:

Canara Robeco Bluechip Fund: 25% of SIP allocation
Parag Parikh Flexi Cap Fund: 40% of SIP allocation
PGIM Mid Cap opportunities Fund: 20% of SIP allocation.
Quant Small Cap Fund: 15% of SIP allocation.

All SIPs per month is Rs 1,00,000

Large cap allocation 65%, and mid & small cap allocation 35% of the total invested money.

is this much investment in MF suggested? coz if something happens to market by any external means,all gone?