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Saturday, 11 April 2009

Comment on My Portfolio

Posted on 03:41 by Unknown
My name is rakesh, came acorss your blog.
Its amazing, very hepful and has very good articles, keep up the good work.
I just wanted ur opionion on my MF investments. At present i have started sip in foll. funds from sept'08 -
Reliance Growth - 500 * 4 = 2000

HDFC Top 200 - 1000 * 1 = 1000

DSPML Top 100 - 2000 * 1 = 2000

Sundaram Select focus 500 *4 = 2000


Please advise if these funds are safe and good for longterm.
Prior to these i have lost a fortune in stock market and MF. My portfolio is down over 50% at this time. Its only about 3-4 mts back i started to invest in quality funds.
From Aug 06 - Aug 07 i had started SIP in below funds and then after market crash and they were not performing well and i switched them to below funds but did not contine SIP, just transferred them to these funds.
Birla sunlife Eq - now switched to Birla sunlife frontline Eq.
DSPBR Tiger - now switched to DBPBR Eq.
Fidelity Eq - stopped, no fresh investment
Hdfc Grwoth - Switched to HDFC Eq.
Reliance Vision - Swtiched to Reliance Growth
Also since past 2-3 years i have invested in below funds -

Birla sunlife midcap - 104 @ 95
DSPBR Tiger - 437 @ 46
DPPBR Taxsaver - 818 @ 12
Hdfc Eq - 88 @ 170
icici pru infra. - 1044 @ 24
JM Basic - 302 @ 33
magnum taxgain - 311 @ 48
HDFC long term adv. - 97 @ 102
reliance eq. - 1378 @ 10.8
reliance vision - 113 @ 219
sundaram rural - india 1000 @ 10
templeton eq - 977 @ 10.2

All are in bad shape but i have no choice but to keep them for more longer duration. My stock portfolio is even worse with some stocks down 70%. I had entered at the wrong time.
Please advise. Thanks in advance and have a nice day.
Thanks in advance for ur time and advance.

SRIKANTH SHANKAR MATRUBAI replied :

Dear Rakesh,
Thank you for your kind words.
Your ongoing SIPs are going into absolutely Top Class Funds.
Do continue the same. It is a rare sight indeed and pleasantly
surprising to see such Excellent Funds in any investors's portfolio. Do continue your sips
and enjoy the fruits and benefits of SIP Investment.
Birla sunlife Frontline Equity - continue
DSPBR Equity - Continue
HDFC Equity - Switch to HDFC Top 200 Fund
Reliance Growth - Continue
Birla sunlife Midcap - SELL
DSPBR Tiger - DSPBR Top 100 fund
DSPBR Tax Saver - After lock in is over, switch to DSPBR Top 100 Fund
HDFC Equity - Switch to HDFC Top 200 Fund
ICICI Pru Infra - Switch to ICICI Pru Dynamic Fund
JM Basic Fund - SELL
Magnum Tax Gain - After lock in is over, switch to SBI Balanced Fund
HDFC Long Term Adv - After Lock-in is over, switch to HDFC Prudence
Reliance Equity - SELL
Reliance Vision - Continue
Sundaram Rural - Continue
Templeton Equity - Continue

From the above sale proceeds, invest in Fidelity Equity Fund.
Best of luck,
srikanth Shankar Matrubai,
Bangalore

Also visit http://equityadvise.blogspot.com for an indepth Equity Analysis
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