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-   -   The Mutual Funds Thread (https://www.team-bhp.com/forum/shifting-gears/105873-mutual-funds-thread-276.html)

It seems that VR has stopped development after they came out with the first version of their new portfolio manager. I had written to them one year back for KFinTech NPS tracking; but they are yet to come up with that feature.

I had subscribed to VR Premium but did not renew this year - it's too costly and one cannot even track all their investments there.

Is it no longer possible to invest via NEFT on MFU online utility? I have been doing that since the beginning but I can no longer see the NEFT option available on the MFU site

To all BHPians who are financial experts

Though I have been doing SIPs for over a decade now and am tracking them individually on the MFs online sites I am pretty sure there are ways I can track all of them together.

Google shows quite a few apps but am not sure where to start or are there any sites which I can use.

Planning to do a few ELSS for the wife but not sure how to proceed. Last time round I had visited individual MF houses and started all SIPs manually. There are online options now but wanted to check if there is a one stop solution where I can view all my MFs or SIPs and as well start new ones as and when required.

A little direction would help. Though am from IT am noob as far apps and all such stuff :Frustrati

I have been using moneycontrol for more than 15 years now. Works fine both web and app...

I am guessing you are invested in various SIPs through the websites of individual fund houses. If yes then you are in same situation as me. I don't use some all in one app for my SIPs but have individual logins to various AMC Houses like Motilal Oswal, UTI, Parag Parikh etc etc.

In order to track my investments, I have created my portfolio in google sheets. I have to update this every month once SIP is realized and units credited. I update the total invested in a mutual fund (till last month say it was 50K and another SIP of 10K went this month so I update total to 60K). I also update the units total.

In google sheets, you can pull current NAV for a fund automatically so I basically have columns like say..

Amount Invested, NAV (Coming real time using inbuilt google finance formula), no of units, current value (NAV * Units)

I of course have far more columns to capture data like fund house name, website link of fund house and comment if any.

Don't be overwhelmed, take baby steps and do this and you can keep updating. It took me too time but now I have a google sheets with several tabs (but one main tab giving entire view) which exactly tells me about my portfolio and where all money is invested and what is current value.

I use google sheets as I can share the same with my wife through her gmail account and it has these formulas that can pick data from internet, like latest stock price or latest NAV of a fund.

No. The point got discussed in several posts. Please browse this thread backward till about 1st Apr when the new regulation kicked in.

You can download your CAS (consolidated account statement) from cams and upload to value research. Has a simple and clean interface and can accept more than one cas/ pan. They only downside, there’s no app but only a web interface and another one, you’ve to feed CAS to see your data. No live fetching like RTA/ AMCs.
If you’re comfortable handling 2 apps, you can use Cams and Kfintech apps to see a live view of your portfolio. Or use MF central.

I have been using MFUtility for many years both on web and app. It is pretty easy to get current portfolio. You can consider this even if you don't plan to make any investments through this and only to get a consolidated view of your investment performance

Lots of rumors floating around about Axis Mutual Fund scamming their investors. Axis MF has apparently fired their head trader and assistant fund manager.
https://www.moneylife.in/article/axi...ces/67094.html

The head trader is a guy who actually punches the buy/sell orders. He has been buying stocks at higher than market price (stock sold by unscrupulous brokers) resulting in "losses" to MF investors, and receiving kickbacks for it.

He has been found "painting the town red" in his Lamborghini apparently.

Looks like NAVs of many funds and axis in particular will be affected; especially where the stocks in news are in the portfolio.

Probably we are looking at a fall of 1-1.5% in today’s NAV of axis MFs in addition to the market related fall. Hopefully axis MF investors won’t have to go through more pain. What are your views on this smartcat?

Regards.

no no.. the "loss" for investors is in the form of underperformance, and is already in the NAV.

If a stock's market price is Rs. 100, Axis MF investors would have paid Rs. 101 to purchase the stock. The extra rupee would have been pocketed by a number of individuals/entities.

This is rumored to be a Rs. 1000 cr scam. So if equity AUM of all the affected Axis equity MFs is Rs. 50,000 cr (example), then the loss to investors would be 2%. That is, the NAV of these funds is 2% lower (example) because of the scammers.

I get your point smart cat that the loss in already reflecting in the NAV :) but I was factoring the fall in nav which would occur today due to selling pressure in the particular stocks like info edge, Co forge, divis lab, torrent power etc which are rumoured to be the stocks which were bought at higher than market prices. These stocks constitute about 16-17% of Axis long term equity fund for example and each are down in the range of 4-8% today; hence my comment.

However, do you think that it poses any further risk to investors and do they need to exit Axis MFs? I have a good chunk of my portfolio invested with Axis (but not in the specific schemes which are directly affected), so what is your suggestion for an average axis MF investor?

aah yes. Some of the bigger investors might have redeemed their units from Axis MF on this news, and that might have exacerbated the fall in these midcap stocks (which don't have the liquidity to absorb largish sale orders).

Honestly, I'm not sure about this! But if the fall in underlying midcap stocks because of liquidity issues (big sales from axis MF, not enough buyers), it should recover quickly since other investors will jump in over time.

<Added>

Statement by Axis AMC:

The way MF houses are behaving is worrying. Delhivery is one example of it. The company has neglibile assets which investors highlight as "assest light" company. But when companies like these go haywire there is no asset to recoup losses from. It is another company which has valued itself higher than its peers. It has negative cash flow and many early investors are offloading their shares. Major MF houses's to invest it in are

I used to use ValueResearch to track, but realized that, we may lose our privacy as we need to upload all our financial data in a 3rd party portal.

I am an avid reader of freefincal blogs and recently, the Author had published a GoogleSheets based tracker, which we can purchase for 400 INR for only MF and MF+Stocks costs 800 INR. We can track our EPF,PPF also as a debt investment in the tracker.

https://freefincal.com/track-your-mu...-google-sheet/

:)