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Anyone using Smallcase app? Please share your opinion.

I had a 10K SIP in Principal Hybrid fund for almost 2 years and it has given me decent returns of about 35% so far. Also have an ELSS running. However, I also started a good amount in VPF from this year. The 80c is allocation is covered over and above the 1.5L / year limit.

I want to re-look at the Principal fund allocation and go for a better performing one. Any suggestions - performance / returns is the sole criterion ?

I do not have any specific goals in mind but looking for investments for 5-7 years at least.

I have restructured it as below. Added debt fund too. Would be happy if I get some experts opinions.

Canara Robeco Bluechip Equity (30%)
Canara Robeco Conservative Hybrid (20%)
PGIM Flexi Cap (12.5%)
Parag Parekh Flexi Cap (12.5%)
Axis Growth Opportunities Fund (25%)

Hope this makes sense.

Your debt folio need not be in Mutual funds only, it can be in PPF, PF, NPS contributions, gold ETF etc. I would suggest a Liquid fund which can be used initially to build an emergency corpus. Rest of the previous equity funds can do also.

If you are starting to invest recently, follow the 40/60 rule. Min 40% of your earnings as investments, rest your expenses. Out of the 40%, based on your age and risk apetite invest 100-age in equity and rest in debt. It is good to have a goal and an investment assigned to it like Children's education/marriage, Retirement etc. In case you need better clarity opt for the services of the Financial Planner.

I use smallcase on the web not on the app. Depending on the smallcase you choose you can potentially make money. Basically we are buying a set of curated stocks. One thing i noticed is that some of the smallcases give good business to the broker. They overhaul the entire stock list nearly every month. So you cant forget making long term capital gain if you are using smallcase.

Principal Hybrid doesn't exist any more. Principal sold its India business to Sundaram MF and units were transferred on 31st Dec '21. So, now your Principal Hybrid fund is Sundaram Aggressive Hybrid Fund.

Though the fund is ok, but I find that ICICI Equity & Debt fund, which is also a Hybrid fund, gave far better returns than Pricnipal/ Sundaram hybrid. You may want to look at that:

https://www.valueresearchonline.com/...and-debt-fund/

If you are interested in investing into Nasdaq 100, i believe better option is to go via ETF, you can look at Motilal Oswal Nasdaq 100 ETF. Has more than 10 years of track record to check performance.

If you are looking to restrict your investment only to MFs, now a days banks provide you investment options even without DMAT using their banking app. Check with your bank.

Some of the Principal funds have got merged with SUndaram.. check with Principal to see if yours is still with them.

Not sure Sundaram is allowing people redemption after the take over. Mine ( Now Sundaram large and midcap, previously Prinicipal emerging) is stuck and as per the update, they are working on some back end IT before these funds can be sold.

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ICICI Pru’s nasdaq 100 is a new fund, so NAV may look low or even negative compare to the NFO price however Motilal Oswal NASDAQ 100 fund of funds is a much older fund and has got much reasonable valuations as compared to what it was trading a few days back. My pick of the two will be Motilal Oswal because of the longer track record it has.
Going against the popular opinion here, I would suggest you go through fund of funds Route rather than ETF; because while selling the ETF, one may face liquidity issues, but FOF route at least guarantees you full redemption when you want. Also please keep in mind that the fund settlement in case of redemption for NASDAQ 100 is T +10 days and not regular T +3 as in equities.


Yes I agree that NAV values do not matter while investing but the TER stated for fund of funds is over and above the ETF expenses which are traded on the exchange as FOF invest primarily in that ETF only (and hence the name FOF), so if you are just looking at the expense ratio for FoF scheme then you will need to add the ETF expenses as well to arrive at the total expense ratio incurred on that fund.

Guys is it true that if we hold mutual funds for 3+ Year? I.e redeeming the units of first year investment should be have nil exit load?

Is my understanding correct in the above case?

Another option for Swiftnfurious would be to go for a pure equity fund like Flexicap since he has already increased debt allocation through VPF

FoF, unlike ETF, would also not require a Demat account.
International equity funds would also be taxed as Debt Funds.


Most Equity and Hybrid funds have exit load limit of 1 year. For debt funds, it is even less. Since each fund has different requirements, good to check the fund you want to invest in.

Applicable NAV would be of the Day T and not T+10.

This was the reason behind me choosing the ETF over fund of fund. Got better control over what price you get to sell. 10 days is a long time in stock market. :)
And liquidity of this ETF can be checked here.

https://www.nseindia.com/get-quotes/...?symbol=MON100

Let me add, ETF cant be an automatic choice for someone who is looking for SIP.

Are you suggesting only from a Hybrid funds stand point? I am ok to invest into other categories and not necessarily stick with Debt funds alone. As I said, I'd happily pick anything that has a great "returns" history

Precisely! Can take a riskier bet for better returns.

Oh yes ! I was wondering what happened and thought there could be a change of ownership.

As Chatterjee da says; you will get NAV on the date you sell, not of on the day of settlement.

Yes, I suggested the fund of the same category. Sorry that I couldn’t track your context then. Principal blue-chip fund which has now become Sundaram large and mid-cap fund has stellar one year returns. Comparable to Mirae asset emerging blue chip which has been sort of benchmarks for large and mid cap returns. But don’t know what happens after change of ownership of principal MF. Canara Robeco emerging equities fund is also a good pick.
These days I am flirting with Quant active fund. It’s comparatively an unknown quantity but it is a very aggressive fund. High beta, which means volatility and more risk in falling markets.

Guys other than AUM, expense ratio and CAGR anything else to be understood from MF perspective.

Does CSRIL rating play any important role? 5 star funds vs 3 star? My fund managers keep recommending 3 star ones I am trying to understand if I am taken for a ride or not.

Until now even though I have invested in 3 star ones returns are not bad.(3+ year investment period)

CRISIL does not rate mutual funds.

3 star funds are fine. Anyway, the 5 star fund that you invest now might have a 3 star rating a couple of years from now. Conversely, a 3 star fund that you invest now might get an upgrade to 4 stars a couple of years from now.

Star ratings are based on a metric called RISK ADJUSTED RETURNS
https://www.investopedia.com/terms/r...stedreturn.asp

A mutual fund that offers top quartile returns with the lowest quartile drawdown (fall in value) will get 4 or 5 star ratings. A fund could have offered the highest returns in its category, but it might still get a 3 star rating if the fund saw relatively large up/down/up/down movement in NAV.

- Reputed brand name
- Inception date (older fund with long history is better)
- Performance during bear market/deep correction (2008 to 2009, march 2020 etc)