Hello all, Happy new year, hope you all are doing fine and staying safe and healthy, looks like we might be up for another wave of this virus, hopefully you all will keep safe from this.
Before we dive into the portfolio update, wanted to let you all know that i wrote a yearly review update and it was published on freefincal, this is an update from last year’s update. Please give it a read and share your feedback, that said lets dive into the update as of Jan-22.
Emergency Fund: As told in my yearly review update on freefincal, I had to pull out from this corpus for a big-ticket item and some for a house renovation, I have topped it up a bit, as of today its slightly less than a year’s worth of salary, i will need to top it up a bit more. Overall XIRR of liquid + arbitrage funds as of today is around 5.07%.
Retirement: As discussed in the last update a gilt fund was added to the portfolio. Currently, the gilt fund is 2.3% of the entire portfolio and will slowly ramp this up. Another big change is that I increased my target corpus by around ~13%. Over the last year or so, I have noticed that my expenses have gone up more than I expected them to be. Not sure if its due to inflation or due to some lifestyle changes or something else, I have not delved too much into it yet, but just recalculating everything with the current expenses showed that I had to increase the target corpus by ~13% from last year, it also lands the corpus into a nice round figure. This year i will try to track my expenses in a detailed manner, lets see if there is some room for improvement.
Equity MF XIRR for this goal is 18.76%
Child’s Education: I continued to invest for this goal over the last year, no change in the strategy for the same, still has only a single hybrid fund and PPF as the debt portion of the fund.
Again, the allocation has got pretty high than what I would like it to be, but I will re-balance only in April, which is my usual time for re-balancing. Also, I am contemplating adding a debt fund to this goal, will take that call in April.
Equity MF XIRR for this goal is 17.65%
See you all in my next update.
Duddu₹Kaasu 