Analyzing Your Mutual Funds Portfolio: A Comprehensive Guide

Dear Investment Family,

Good evening, and I hope everyone is doing well. I'm a new member of the investment community, and I've been exploring my mutual fund portfolio for a few years. If someone could provide guidance on its current state from a long-term perspective, I would appreciate it.

Current Portfolio Overview

My current mutual fund portfolio consists of the following:

ICICI India Opportunities Fund - Rs 60,000 Axis Bluechip Fund - Rs 110,000 Axis Midcap Fund - Rs 110,000 ICICI Technology Fund - Rs 110,000 Mirae Asset Tax Saving Fund - Rs 50,000 Franklin Feeder US Opportunities Fund - Rs 50,000 Quant Smallcap Fund - Rs 50,000 Parag Parikh Flexi Cap Fund - Rs 50,000

If you have any feedback or suggestions, please do let me know. Your support is invaluable to new investors like me.

Analysis of the Portfolio

Investment Via SIP or Lumpsum?

Before I delve into the analysis of the individual funds, I want to clarify a few points:

Have you invested in these funds via SIP or lumpsum? I recommend starting SIP with a smaller amount and gradually building your portfolio, especially if you're a newly minted investor. For the purposes of analysis, I'll assume the amounts you've provided are SIP contributions.

ICICI India Opportunities Fund

This fund is managed by experienced managers and has a strong ONGC holding, which is backed by the government. However, as a personal preference, I do not favor government-owned companies. A recommended SIP amount would be around Rs 4,000 to Rs 5,000.

Axis Bluechip Fund

Axis Bluechip Fund is a defensive fund with a significant holding in large-cap companies. It will likely provide stable returns over time, but the growth potential is lower compared to other funds. Given that you have Rs 110,000 in this fund, it is an appropriate amount, and it will help create your wealth over the long term.

Axis Midcap Fund

The major holdings of this fund are dominated by the Clearing Corporation of India, which complicates the overall investment strategy. The fund still contains other quality management, and a SIP range of Rs 8,000 to Rs 9,000 is suggested.

ICICI Technology Fund

This fund has demonstrated high returns over the past five years, chiefly due to heavy investments in Infosys. Given the instability of the IT sector, I would recommend a smaller SIP amount, around Rs 5,000 to Rs 6,000.

Mirae Asset Tax Saving Fund

This is another defensive fund with a substantial portion held in large-cap companies. A recommended SIP amount is Rs 7,000 to Rs 8,000.

Don’t Know Much About This Fund

Insufficient information is available for a detailed analysis of the other two funds, but we can still recommend SIP amounts:

Franklin Feeder US Opportunities Fund: Suggested SIP range is Rs 7,000 to Rs 8,000. Parag Parikh Flexi Cap Fund: A SIP amount of Rs 8,000 to Rs 10,000 is recommended.

Four Funds for Investment

Based on the analysis, it is advisable to focus on four funds. These four funds should provide a good balance of growth and stability:

Axis Bluechip Fund Axis Midcap Fund ICICI Technology Fund Parag Parikh Flexi Cap Fund

Given your total SIP contributions, you could distribute your investments strategically across these four funds.

Disclaimer

Please note, all my views in this analysis are personal and no recommendations are provided. Each investor should conduct their own research and make informed decisions.

Thank You

Your support and guidance have been invaluable, and it's uplifting to be part of this supportive community.

Do give a thumbs up if this analysis has been helpful to you. It took a considerable amount of time to research and write this detailed response.

Thanks,

Dev