How many mutual funds do you invest in?

[Pradumya]

After the "how many bank accounts", "how many stock brokers", "how many credit cards"

Its now time for "How many Mutual Funds have you invested"


Let me start - Started MF in 2020 end.
1. ICICI prudential Sensex Plan - Started my investments with this fund, now transferred it to Navi. Invested thru Groww.

2. Parag Parikh Flexi Cap fund - Majorly for international stock exposure, also it's beta is low compared to Nifty 50. Primary SIP fund. Invested thru Dhan. (Referral link dalunga toh moderator ko bura lagega)

3. Navi Nifty 50 Index Fund - Primary SIP index fund. It has least expense ratio among all. Invested thru Groww.

4. Quant Small Cap Fund - Overall to diversify the holdings. Invested thru Dhan. (Referral link dalunga toh moderator ko bura lagega)

5. HDFC Nifty50 Fund - Short to medium term opportunities get invested here. Like invested in Nov 2023 and exited on 10 June 2024 to gain around 16%. This doesn't disturb my SIP holdings or long term holdings. Started with Groww, redeemed with Mfcentral.


DHAN REFERRAL LINK IN MY SIGNATURE OR DM ME..

Share your Mutual fund portfolio down below.

 

[Pradumya]

Tagging for initial traction
@its_karan
@#aniket
@shivamk
@dhiraz
@Vasuki
@SSV
@Copycat
@ritwik2000
@m4b
@varun__goel_
@doraemon

 

[dhiraz]

I Have 4

1. Axis Small Cap
2. Tata Digital India
3. Parag Parikh Flexi Cap
4. ICICI Prudential Nifty 50 Index

Started in Jan 2022 of 1.5k in Each Fund
Also buying Stocks for long term

 

[Sourabh_13]

7

Thaalaa for no a reason

 

[Pradumya]

Canara Robeco
2. UTI
3. Tata
4. SBI Long Term

Don't you think there is too much overlap?

SIP amounts are quite small though

Boond boond se boondi ka laddoo banta hai

 

[m4b]

Ohh bhai mujhe saab pelenge ispe, let's do this
Current portfolio (Don't judge me , Feel free to ask any question on my style)
ELSS:
Axis Long Term Equity Direct Plan-Growth
DSP Tax Saver Direct Plan-Growth
Invesco India Tax Plan Direct-Growth
Mirae Asset Tax Saver Fund Direct-Growth
Parag Parikh Tax Saver Fund Direct - Growth
Quant Tax Plan Direct-Growth

Active:
Quant Flexi Cap Fund Direct-Growth
Nippon India Large Cap Fund Direct-Growth
Quant Mid Cap Fund Direct-Growth
Quant Small Cap Fund Direct Plan-Growth

Passive:
Navi Nifty 50 Index Fund Direct - Growth
Navi Nifty Midcap 150 Index Fund Direct - Growth
Motilal Oswal Nifty Smallcap 250 Index Fund Direct - Growth

 

[Sourabh_13]

Index Fund: Navi Nifty 50

Flexy Cap: Parag Parikh

Large Cap: ICICI Pru Bluechip
Mid Cap: Quant Mid Cap
Small Cap: Nippon India Small Cap, Quant Small Cap

Liquid Fund: Mahindra Manulife

 

[Pradumya]

Don't judge me , Feel free to ask any question on my style)

Not judging sir just a few questions

ELSS:
Axis Long Term Equity Direct Plan-Growth
DSP Tax Saver Direct Plan-Growth
Invesco India Tax Plan Direct-Growth
Mirae Asset Tax Saver Fund Direct-Growth
Parag Parikh Tax Saver Fund Direct - Growth
Quant Tax Plan Direct-Growth

1.5 lac ka hi deduction lete hai na sir? Ya aapko jyada milta hai? Why not just one ELSS for complete 1.5L

Active:
Quant Flexi Cap Fund Direct-Growth
Nippon India Large Cap Fund Direct-Growth
Quant Mid Cap Fund Direct-Growth
Quant Small Cap Fund Direct Plan-Growth

Passive:
Navi Nifty 50 Index Fund Direct - Growth
Navi Nifty Midcap 150 Index Fund Direct - Growth
Motilal Oswal Nifty Smallcap 250 Index Fund Direct - Growth

Don't you think too much overlap has happened
Midcap funds twice, large caps in active and index funds in passive, same with small caps...


Itnaaaaaaaa saaaaaaaraaaaa paisa manage kaise karte sir(Kabhi itnaaaaaa paisa kamaya toh kaam ayega)

 

[shivamk]

Not judging sir just a few questions


1.5 lac ka hi deduction lete hai na sir? Ya aapko jyada milta hai? Why not just one ELSS for complete 1.5L

Don't you think too much overlap has happened
Midcap funds twice, large caps in active and index funds in passive, same with small caps...


Itnaaaaaaaa saaaaaaaraaaaa paisa manage kaise karte sir(Kabhi itnaaaaaa paisa kamaya toh kaam ayega)

Kuch time mei @m4b khud ka fund house kholne waale hai

 

[helloworld]

Note: not for stock recommendation but basically for 'how many mutual funds to invest' question.

 

[m4b]

1.5 lac ka hi deduction lete hai na sir? Ya aapko jyada milta hai? Why not just one ELSS for complete 1.5L

Sort of uniformly distributed as I was very new to ELSS many years ago. Will keep only PPFAS from this year onwards.

Don't you think too much overlap has happened

I know and I deliberately did this with 40:60 (active to passive) in respective market sizes (small, mid, large) to track performance over a year till July 24. Rebalanced the whole portfolio on July 23.

Itnaaaaaaaa saaaaaaaraaaaa paisa manage kaise karte sir(Kabhi itnaaaaaa paisa kamaya toh kaam ayega)

Ab toh seekh gya lol

 

[S.S.]

Quant flexi cap fund
Quant small cap fund
Quant manufacturing fund
Quant mid cap fund

Will ride till quant gives outstanding returns.

 

[shivamk]

Sort of uniformly distributed as I was very new to ELSS many years ago. Will keep only PPFAS from this year onwards.

Any reason why? Won't putting everything in one fund be risky?

 

[m4b]

Any reason why? Won't putting everything in one fund be risky?

Anything related to equity is risky. I am ok with it now.

 

[shivamk]

Anything related to equity is risky. I am ok with it now.

I personally thought that a bit balance across funds might negate this uncertainty.

Maybe it's my fear behind the thought since I am just a novice in these things.

 

[m4b]

I personally thought that a bit balance across funds might negate this uncertainty.

Maybe it's my fear behind the thought since I am just a novice in these things.

You are right, you should do as per the fund's style of investment. I kind of used the same strategy to distribute some funds across similar fund types.
At this point I am ok with keeping one ELSS fund as of now but kya pata July mein mann badal jaye phir se.

 

[Deleted member 11974]

Ohh bhai mujhe saab pelenge ispe, let's do this
Current portfolio (Don't judge me , Feel free to ask any question on my style)
ELSS:
Axis Long Term Equity Direct Plan-Growth
DSP Tax Saver Direct Plan-Growth
Invesco India Tax Plan Direct-Growth
Mirae Asset Tax Saver Fund Direct-Growth
Parag Parikh Tax Saver Fund Direct - Growth
Quant Tax Plan Direct-Growth

Active:
Quant Flexi Cap Fund Direct-Growth
Nippon India Large Cap Fund Direct-Growth
Quant Mid Cap Fund Direct-Growth
Quant Small Cap Fund Direct Plan-Growth

Passive:
Navi Nifty 50 Index Fund Direct - Growth
Navi Nifty Midcap 150 Index Fund Direct - Growth
Motilal Oswal Nifty Smallcap 250 Index Fund Direct - Growth

the overlap must be crazy

 

[shivamk]

You are right, you should do as per the fund's style of investment. I kind of used the same strategy to distribute some funds across similar fund types.
At this point I am ok with keeping one ELSS fund as of now but kya pata July mein mann badal jaye phir se.

Got it, thanks

 

[m4b]

the overlap must be crazy

Why do you think of this as an overlap? As I said 40:60 ratio between active and passive within same fund type

 

[Kumar93196]

I save via * KAMETI* you might have heard about this concept in a different name