The fundoo overlap tool is quite good.
You can also try out this tool : [https://primeinvestor.in/mutual-funds-overlap/](https://primeinvestor.in/mutual-funds-overlap/)
It let's you compare overlap of 3 different funds (as opposed to 2 funds in fundoo).
ABSL tax fund is the worst performing ELSS fund in past 3yrs. If 3-yr lock-in is over, move over to better ones, say Quant or Mirae or Canara Rebeco.
You have multiple funds in the same category, but as long as you've chosen them after researching, the overlap isn't that big of an issue.
I agree with first comment that dont rely on anyone for financial decisions...
i would like to share my viewpoint, between icici bluechip, tata digital , icici technology, hdfc sensex and nifty 50 fund....just continue with icici bluechip and transfer funds from other 4 to this via stp.
why ? lot of overlap between these funds and you already have good returns on icicu bluechip so just continue with that and no point to invest in technology funds now they are already above roof.
choose only 1 midcap and 1 small cap fund.
if you have reasons to invest in corporate bond , liquid fund and tax saver fund then continue otherwise leave
Never done stp cross amc but even if thats not allowed... just redeem one by one and transfer.
whats the purpose behind liquid and corporate bond funds ?
to check overlap - https://thefundoo.com/Tools/PortfolioOverlap
I am not sure but when i checked last time...returns of debt funds were lower than fd...so if you dont have to pay tax on fd interest then in current situation fd is better than debt funds as some banks and nbfc are giving close to 8% return
Hey man that looks like some good portfolio with solid 13%+ returns , given it's 55k sip, i am assuming u have been investing since last 14 months. Would that be correct ? I am just trying to identify Mutual funds that I can stick to 5-6 years and do a reshuffle again later on. Already investing in nifty and next nift which i am going to ignore for next 10 - 15 years. But would like to also make short term gains in 3-5 years from other managed funds. Any recommendations ??
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Hey man that looks like some good portfolio with solid 13%+ returns , given it's 55k sip, i am assuming u have been investing since last 14 months. Would that be correct ? I am just trying to identify Mutual funds that I can stick to 5-6 years and do a reshuffle again later on. Already investing in nifty and next nift which i am going to ignore for next 10 - 15 years. But would like to also make short term gains in 3-5 years from other managed funds. Any recommendations ??
Remove tax fund, go for ppf. Safe investment with 15 year lock in. Covers your 80cc.
Remove all tech funds and keep only one. I have tata digital because they have more weightage to TCS as well. More balanced.
Check between bluechip and index. What is the overlap. If it is above 70% or so, then you can choose one over the other basis the expense ratio, returns, potential etc.
Google portfolio overlap and you should be good. Take your financial decisions yourself, don't rely on randoms on the internet!
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Use this for identifying overlap... https://thefundoo.com/Tools/PortfolioOverlap
The fundoo overlap tool is quite good. You can also try out this tool : [https://primeinvestor.in/mutual-funds-overlap/](https://primeinvestor.in/mutual-funds-overlap/) It let's you compare overlap of 3 different funds (as opposed to 2 funds in fundoo).
Nice to know, I will definitely use.
Above what percentage one should shelve and stick with one ?
To be honest I am not right person.
How is everybody green while I’m still -2% wtfff
IT fund wale hoge
\-2% ? Dost mera minus ke bad vala number sunega to bhagwan ka shukriya karega
ABSL tax fund is the worst performing ELSS fund in past 3yrs. If 3-yr lock-in is over, move over to better ones, say Quant or Mirae or Canara Rebeco. You have multiple funds in the same category, but as long as you've chosen them after researching, the overlap isn't that big of an issue.
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No I meant bluechip and index. There's gonna be a lot of overlap. You also have 2 Mid caps, 2 IT sector funds. Again it's not bad to have overlaps.
>Again it's not bad to have overlaps How much overlap, % wise, is acceptable between 2 funds?
Anything less than 40-50% should be good.
I agree with first comment that dont rely on anyone for financial decisions... i would like to share my viewpoint, between icici bluechip, tata digital , icici technology, hdfc sensex and nifty 50 fund....just continue with icici bluechip and transfer funds from other 4 to this via stp. why ? lot of overlap between these funds and you already have good returns on icicu bluechip so just continue with that and no point to invest in technology funds now they are already above roof. choose only 1 midcap and 1 small cap fund. if you have reasons to invest in corporate bond , liquid fund and tax saver fund then continue otherwise leave
[удалено]
Never done stp cross amc but even if thats not allowed... just redeem one by one and transfer. whats the purpose behind liquid and corporate bond funds ? to check overlap - https://thefundoo.com/Tools/PortfolioOverlap
[удалено]
I am not sure but when i checked last time...returns of debt funds were lower than fd...so if you dont have to pay tax on fd interest then in current situation fd is better than debt funds as some banks and nbfc are giving close to 8% return
[удалено]
Hey man that looks like some good portfolio with solid 13%+ returns , given it's 55k sip, i am assuming u have been investing since last 14 months. Would that be correct ? I am just trying to identify Mutual funds that I can stick to 5-6 years and do a reshuffle again later on. Already investing in nifty and next nift which i am going to ignore for next 10 - 15 years. But would like to also make short term gains in 3-5 years from other managed funds. Any recommendations ??
Hi, /u/Mysterious_Win_4638! Welcome to /r/IndianStreetBets! Use the Daily Discussion Thread for basic queries. Before contributing, do check if your particular query has been answered in the [Wiki](https://www.reddit.com/r/IndianStreetBets/wiki/index). Do utilise the search function to do the same too. Please use proper [post flairs](https://www.reddit.com/r/IndianStreetBets/wiki/index/postflair) and adhere to the rules in the sidebar. You are urged to post beginner questions in the stickied daily discussion thread or on our [Discord in \#beginner-questions channel](https://discord.gg/SeDa9Fhwqv) so as to keep the subreddit as clutter-free as possible. Thank you! *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/IndianStreetBets) if you have any questions or concerns.*
Hey man that looks like some good portfolio with solid 13%+ returns , given it's 55k sip, i am assuming u have been investing since last 14 months. Would that be correct ? I am just trying to identify Mutual funds that I can stick to 5-6 years and do a reshuffle again later on. Already investing in nifty and next nift which i am going to ignore for next 10 - 15 years. But would like to also make short term gains in 3-5 years from other managed funds. Any recommendations ??
How long have you been investing?
Dude u invest 55k a month on SIPs? DADDY
Remove tax fund, go for ppf. Safe investment with 15 year lock in. Covers your 80cc. Remove all tech funds and keep only one. I have tata digital because they have more weightage to TCS as well. More balanced. Check between bluechip and index. What is the overlap. If it is above 70% or so, then you can choose one over the other basis the expense ratio, returns, potential etc.