How to Track Your Mutual Fund Portfolio
Portfolio Tracking Apps:
Use trusted apps like Groww, myCAMS, Coin by Zerodha, or My Portfolio Tracker. Just log in with your email or PAN to view all your funds in one place. These tools offer daily NAV updates, profit & loss tracking, and even automatic SIP/SWP handling.
Fund Fact Sheets:
Download fund fact sheets from your fund house’s website or AMFI. These provide a one-page summary on holdings, returns, expenses, and more.
Consolidated Account Statement (CAS):
CDSL/NSDL emails a summary of all your investments monthly, handy for offline tracking.
How to Review Your Portfolio
Frequency:
Review your portfolio at least once a year or after major life changes.
Check Asset Allocation:
Compare current allocation (equity, debt, gold, etc.) to your target mix as per your goals.
Performance:
Look for funds underperforming the benchmark or peers for 2+ years—consider replacing those.
Costs:
Check expense ratios and hidden charges using tracking tools to keep more of your returns.
Goal Monitoring:
Ensure each scheme is still appropriate for your objective and risk profile—shift if personal circumstances change.
How to Rebalance Your Portfolio
Why Rebalance?
Market movements can change your asset mix (e.g., equities grow faster than debt), increasing risk. Rebalancing restores your original comfort zone.
Basic Steps:
Determine your target asset allocation (e.g., 60% equity, 40% debt).
Check your current mix using an app or statement.
If equity rises above the target, switch or redeem some into debt, or direct new investments into debt until balance is restored.
Approaches:
Review at regular intervals (e.g., annual, quarterly).
Use tolerance bands (e.g., rebalance if equity goes beyond 5% of the target mix).
Redirect fresh investments towards underweight asset classes.
Consider Tax Implications:
Rebalancing by selling funds may trigger capital gains tax; be mindful to optimize for tax efficiency as you adjust.
Quick Tips
Don’t over-diversify—keep 5–8 funds max for easier tracking.
Set calendar reminders for annual reviews.
Use tracking tools for real-time updates and actionable insights.
Review goals and risk tolerance before making major changes.
Conclusion
Regular tracking, disciplined reviews, and thoughtful rebalancing keep your mutual fund portfolio healthy and aligned with your goals. Treat it like a financial health check-up—and enjoy smoother, more confident investing!