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Check on my current investment strategy

Discussion in 'Investment Analysis' started by ganesh_devkar, Sep 4, 2016.

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  1. ganesh_devkar

    ganesh_devkar Member

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    Hi Shabbir,

    My current monthly investment spread is like following:

    1. PF+VPF - 7,000
    2. Mutual Funds - 8,000 (Canara Robeco Emerging Equities, SBI Blue Chip, SBI Magnum Multicap)
    3. Stocks - 5,000 (Started 2 months back)

    Want to know if I need to change my current investment diversification.

    Regards,
    Ganesh
     
    ganesh_devkar, Sep 4, 2016
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  2. shabbir

    shabbir Administrator Staff Member

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    Whats your age Ganesh and whats your investment horizon for your investments.
     
    shabbir, Sep 4, 2016
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  3. ganesh_devkar

    ganesh_devkar Member

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    My age is 34 and investment horizon is 5-7 years, after which i may use some of the proceeds to buy bigger home.
     
    ganesh_devkar, Sep 5, 2016
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  4. shabbir

    shabbir Administrator Staff Member

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    At 34, you have 35% of your investment in debt and I will reduce that to 25%.

    The choice of your mutual funds type as well as the choice of funds are all good but if possible move from Canara Robeco Emerging Equities to Franklin India Smaller Companies Fund

    Also what stocks are you investing in?
     
    shabbir, Sep 5, 2016
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  5. ganesh_devkar

    ganesh_devkar Member

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    Thanks Shabbir for your reply.

    I can reduce Debt ratio through VPF.

    As far as stock selection is concerned I was dependent on ShareKhan Top Picks Basket, but that doesn't seem good enough...now I plan to pick stocks with informed decision and on my own.

    Currently I own stocks(based on ShareKhan Top Picks Basket suggestions) of around ₹10,000 in following:

    1. Relaxo Footwear
    2. Kansai Nerolac
    3. PI Industries
    4. HUL
    5. Finolex Cables
    6. Infosys

    I have following questions:

    1. Can you suggest me whether I should move the 10%(₹2000) from debt to mutual fund or stocks?

    2. Canara Robeco mutual fund has been giving me good returns from last 1.5 years, any specific reason why I should divest from it?

    Regards,
    Ganesh
     
    ganesh_devkar, Sep 5, 2016
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  6. shabbir

    shabbir Administrator Staff Member

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    Mutual funds because your stock selection is dependent on others.

    Compare that with the fund I suggested and see if your returns are at par and if yes, you can remain invested.
     
    shabbir, Sep 5, 2016
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  7. shabbir

    shabbir Administrator Staff Member

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    BTW your selection of stock is good but then at 5k per month, I would not go for so many stocks.
     
    shabbir, Sep 5, 2016
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  8. ganesh_devkar

    ganesh_devkar Member

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    You are right Shabbir, I understand that now and will take care of it in future. Thanks for your valuable inputs.
     
    ganesh_devkar, Sep 5, 2016
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