[DigitalOne]

Originally Posted by am1m

...there seem no other avenues for an individual investor like me to get some exposure to international stock exchanges?

Apart from the ETFs and FoFs that other members have pointed out, there are some regular funds which have foreign shares in their portfolio; most notable of this being Parag Parikh Flexi cap fund. They have around 25% of AUM invested in Alphabet, Facebook, Microsoft, and Amazon.

Another such fund that I have invested earlier is Templeton India Equity Income Fund but this has very low exposure to shares of foreign companies.

[adimicra]

All,

Looking for suggestions for a debt mutual fund for 3-5 year horizon. I am an equity guy mostly but want to make sure of adequate exposure to debt as part of my asset allocation.
Currently, due to the equity market rally, my asset allocation is 70:30 for equity:debt. I want to get it down to 60:40. So, all my further investments will be in debt funds. I currently have only 2 short term debt funds in my portfolio (Axis and HDFC). Looking forward to your suggestions.

[concorde24]

mfcentral.com which is an initiative of CAMS & Karvy has been launched last week. This promises to be an unified platform for all MF online services and enabled in 3 stages.

CAMS, KFin Tech launches MFCentral: A one-stop shop for mutual funds

https://economictimes.indiatimes.com...1.cms?from=mdr


I was able to create my account last week and it did pull in all my investments with my PAN. I have not tried any online services yet, but it will be good when all services are enabled. Presently I am using MFU for investments and CAN management, but this one seems to be direct RTA change for any changes - Bank account, Folio updates, Nominee, Transmission etc.

[xcentrk]

Originally Posted by DigitalOne

Apart from the ETFs and FoFs that other members have pointed out, there are some regular funds which have foreign shares in their portfolio; most notable of this being Parag Parikh Flexi cap fund. They have around 25% of AUM invested in Alphabet, Facebook, Microsoft, and Amazon.

Another such fund that I have invested earlier is Templeton India Equity Income Fund but this has very low exposure to shares of foreign companies.

Been investing in PPFAS since 2017 and the returns are just excellent. One of the best performing mutual funds in my portfolio and I plan to continue this for as long as I can. Increase the weightage from 10% to 20% of my monthly investment.

[Latheesh]

I am still waiting for the market correction to deploy some cash (since last year). Meantime market scaling new heights everyday. Big lesson for idiots like me who is trying to time the market.

Investing in index fund could have advanced my FI target by 2 years

[JMaruru]

Originally Posted by xcentrk

Been investing in PPFAS since 2017 and the returns are just excellent. One of the best performing mutual funds in my portfolio

Originally Posted by Latheesh

I am still waiting for the market correction to deploy some cash (since last year). Meantime market scaling new heights everyday. Big lesson for idiots like me who is trying to time the market.

Even I was waiting for some correction to deploy cash which was lying for 6+ months. I lost patience and started SIP of PPFAS on 22nd.

[SoumenD]

Originally Posted by Latheesh

I am still waiting for the market correction to deploy some cash (since last year). Meantime market scaling new heights everyday...

Originally Posted by JMaruru

Even I was waiting for some correction to deploy cash which was lying for 6+ months. I lost patience and started SIP of PPFAS on 22nd.

Trying to time the market is a futile exercise as proven time and again. Its the duration one spends invested that matters.

BTW I had some amount in L&T Emerging business fund which was in red since 2017/18 till mid 2020(had reached -36.57% XIRR in May 2020).Had stopped SIP in 2019 itself. But now I see XIRR stands at +23%. Is it a good time to liquidate it or should I hold on to it? Had planned to use it for a bike purchase but that plan is pushed for foreseeable future. Only fear is if there's a crash, will have to loose out on all the gains.

[graaja]

Originally Posted by SoumenD

Trying to time the market is a futile exercise as proven time and again. Its the duration one spends invested that matters.

BTW I had some amount in L&T Emerging business fund which was in red since 2017/18 till mid 2020(had reached -36.57% XIRR in May 2020).Had stopped SIP in 2019 itself. But now I see XIRR stands at +23%. Is it a good time to liquidate it or should I hold on to it? Had planned to use it for a bike purchase but that plan is pushed for foreseeable future. Only fear is if there's a crash, will have to loose out on all the gains.

If you had made this investment for the bike and if your bike purchase may happen in the next year or two, you may be better off moving it to a debt fund. If your bike purchase has been pushed out indefinitely and if you do not need this money for the next 3 to 5 years, then you could stay invested in equity.

Also do a comparison of the L&T fund with its peer funds from other fund houses and see how it has performed. If the performance is bad, you could redeem and re-invest in a better performing fund.

[SoumenD]

Originally Posted by graaja

If you had made this investment for the bike and if your bike purchase may happen in the next year or two, you may be better off moving it to a debt fund. If your bike purchase has been pushed out indefinitely and if you do not need this money for the next 3 to 5 years, then you could stay invested in equity.

So I redeem it now and pay LTCG tax(10%). And if I put it in a debt fund now and break it again within 2 years, I need to pay tax on the gains(if any) at my income tax slab? Is my understanding correct?

But then even if I put it in FD it will be taxed. Am not very clear on which instrument is good to park money for 1-2 years for my kind of use-case which has least tax-headache?

[siddhant]

Originally Posted by SoumenD

So I redeem it now and pay LTCG tax(10%). And if I put it in a debt fund now and break it again within 2 years, I need to pay tax on the gains(if any) at my income tax slab? Is my understanding correct?

But then even if I put it in FD it will be taxed. Am not very clear on which instrument is good to park money for 1-2 years for my kind of use-case which has least tax-headache?

Any debt instrument attracts tax (according to your tax slab) in the short term (< 3 years), be it your savings account, FD or a debt fund.

Assuming that you'll need the money in the next 1-2 years, make peace with the fact that you'll have to pay tax on the interest. Therefore, pick the instrument that provides you the best returns with the least risk. A "short term debt fund" is usually the most suitable for this purpose. 7-8% pa return is something that you should expect with very little risk.

[adimicra]

Originally Posted by JMaruru

Even I was waiting for some correction to deploy cash which was lying for 6+ months. I lost patience and started SIP of PPFAS on 22nd.

Originally Posted by Latheesh

I am still waiting for the market correction to deploy some cash (since last year). Meantime market scaling new heights everyday. Big lesson for idiots like me who is trying to time the market.

Investing in index fund could have advanced my FI target by 2 years

Originally Posted by SoumenD

Trying to time the market is a futile exercise as proven time and again. Its the duration one spends invested that matters.
:

It is an established fact that almost nobody can time the market consistently, not even the legendary investorys; but we amateurs still think that we are smarter than everyone else.

I panicked in the 2020 crash, sold a good chunk (60%) of my investments at a loss. Then I tried to be smart and did not deploy cash when the market started moving up from 8K. Good thing is that, I got back in the markets when it was 11-12K (Nifty 50). So, yes, I lost a good amount but at least I was able to catch 50% of the rally from the lows. Learnt the lesson the hard way and will remember it forever. On the positive side, I read so much about asset allocation, financial planning, and the psychology of investing in the last year or so that I feel in control of my finances and ready to face any unforeseen black swan events in the future.


To quote the legendary investor Peter Lynch -
"Far more money has been lost by investors preparing for corrections or trying to anticipate corrections than has been lost in corrections themselves."

[sagarpadaki]

Originally Posted by SoumenD

So I redeem it now and pay LTCG tax(10%). And if I put it in a debt fund now and break it again within 2 years, I need to pay tax on the gains(if any) at my income tax slab? Is my understanding correct?

But then even if I put it in FD it will be taxed. Am not very clear on which instrument is good to park money for 1-2 years for my kind of use-case which has least tax-headache?

If you can withdraw less than a lakh from the L&T fund this year, you will be exempt from LTCG. See if that option works for you. If you are withdrawing more than 1L and parking in liquid funds or any other debt funds for more less than 3 years, there is no way you can evade tax. I would not suggest FD since the returns are mediocre right now

[SoumenD]

Originally Posted by sagarpadaki

If you can withdraw less than a lakh from the L&T fund this year, you will be exempt from LTCG. See if that option works for you. If you are withdrawing more than 1L and parking in liquid funds or any other debt funds for more less than 3 years, there is no way you can evade tax. I would not suggest FD since the returns are mediocre right now

Yeah am aware of the 1L exemption in LTCG. I was talking about the amount over that. Anyways plan for the purchase is postponed for now so will stay put and enjoy the show from sidelines

[skchettry]

Originally Posted by concorde24

mfcentral.com which is an initiative of CAMS & Karvy has been launched last week. This promises to be an unified platform for all MF online services and enabled in 3 stages

Thanks for the information. Didn't know that this new platform has been launched. I have successfully logged in and could see all of my folios mapped in. Since I am already using MFU, I fail to understand the requirement of another platform when the former was already doing the job. Or am I missing something with regards to anything that MFU is not able to deliver that Mfcentral does? And I might be biased if I say that MFU platform is far better than MFcentral in so far as the contents and features are concerned.
Regards
Sravan

[concorde24]

Originally Posted by skchettry

, I fail to understand the requirement of another platform when the former was already doing the job. Or am I missing something with regards to anything that MFU is not able to deliver that Mfcentral does? And I might be biased if I say that MFU platform is far better than MFcentral in so far as the contents and features are concerned.
Regards
Sravan

I fully agree with you that it is lot of duplication with MFU (Promoted by AMFI) and mfcentral (Promoted by RTA Cams/Karvy).

MFU: It is very good for investment via CAN for different goals. It is missing few tracking features like Invested value, XIRR etc which will be helpful and we can do away with tracking again in excel or Valueresearchonline. I had tweeted Ganesh Ram (MFU MD & CMO) on this and he has mentioned that they are working on it and expected by Oct 15.

mfcentral: Presently it is launched with limited features , but it will be complete by end of year. The first phase would cover some service requests of investors , financial portfolio view, and CAS. The second phase is launch of app and third stage is financial transactions, and integration with ecosystem partners for several other value-added services.

It will be interesting to see how the third party direct MF sites (ETMoney, Kuvera etc) will react to this development. Presently they have slick apps/UI and provide good tracking/visualization. If mfcentral/MFU will be able to plug this gap, then it might make other apps run for their money.