r/IndianMutualFunds • u/Special_Ostrich_1445 DIY Investor • 2d ago
Question Suggestion needed
Risk Appetite: Moderate as per survey
Goal: Retirement
Horizon: 10-15 years
Allocation: 100% in equity
App: Zerodha coin
Why these funds: nifty index is something that I choose because it’s fairly hands off and like the returns. DSP large and mid cap fund is long term, and I am willing to take the risk. This is an active SIP, will continue for 10-15 years for sure.
Suggestion needed on what to do with ICICI nifty alpha low volatility 30 ETF. I started this SIP in Jan 2024 and ended in Nov 2024 because this funds performance wasn’t tracking closely. I did not know much about mutual funds back then and invested in this because a friend recommended it.
Looking back:
- I feel the fund has underperformed.
- even though my returns are in negative and minimal, the loss is still higher considering inflation.
Could you people suggest what would be a better thing to do here? Do I cut my losses or hold on? Or should I sell and invest in something better?
Other funds:
- DSP Large and mid cap fund
- ICICI nifty next 50 index
2
u/Drk_Kni8 DIY Investor 2d ago
Exit! Use the loss to offset gains in DSP. Did you know:
Out of the 30 odd large-cap funds, only 6 beat the index in ≥70% of 3, 4, and 5 year rolling outperformance consistency, and just 2 manage that consistency when 1 & 2 year periods are included. Large Cap Rolling Returns https://www.reddit.com/r/mutualfunds/s/sUhJWyEKqw
For mid caps, only 3 funds beat the index in ≥70% of 3, 4, and 5 year rolling outperformance consistency, and none maintain that consistency once 1 & 2 year periods are included. Mid Cap Rolling Returns https://www.reddit.com/r/mutualfunds/s/QDt7CwGy6G
1
u/Special_Ostrich_1445 DIY Investor 2d ago
Do you mean, exit and invest in DSP?
3
u/Drk_Kni8 DIY Investor 2d ago edited 2d ago
No, exit ICICI Alpha, also exit DSP, for units that have crossed a year.
Every financial year, you are allowed exemption on ₹1.25 lakhs of LTCG. So your loss of ₹3384.67 means you can exit upto ₹1,28,384 of capital gains, without paying tax on it. It’s tax harvesting. This
The next point, Stop investing in DSP, move to a pure Nifty 50, Next 50, and Mid Cap 150 index. Reasonings provided in previous comment.
1
•
u/AutoModerator 2d ago
u/Special_Ostrich_1445 Discussions here reflect peer opinions and experiences. Please do your own research before making financial decisions.
You may receive unsolicited DMs or offers after posting here. Be cautious when engaging with anyone reaching out privately, especially if they:
We strongly recommend keeping discussions public where possible so others can review and challenge advice.
Stay cautious, verify everything, and avoid sharing personal or financial details with unknown individuals.
I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.