Messages
Priya Mehta
Online
Good morning Rajiv. Your Q4 portfolio review is ready. Quick summary: overall XIRR at 22.97%, outperforming Nifty 50 by 4.5%. Your SBI Bluechip position has been the star — +24.9% since inception.
Thanks Priya. Saw the report. Quick question — should I be worried about the pharma exposure? I keep reading about FDA issues.
Good eye. Your pharma exposure is 8.2% through SBI Bluechip's allocation. The fund manager reduced pharma from 12% to 8% last quarter. Direct impact on your portfolio if sector drops 10%: approximately ₹1,73,000. Manageable given your overall diversification.
I'd suggest we watch but not act. Your holdings are through a diversified fund, not direct pharma stocks. The fund manager is actively managing this.
Makes sense. What about the tax harvesting you mentioned last week?
Yes — I've run the numbers. Your Axis Long Term Equity Fund has ₹4,96,013 in unrealized LTCG. If we book this before April 15: Tax on this gain: ~₹46,376 But by splitting across FY25-26 and FY26-27, we save ₹31,200. I recommend redeeming and immediately reinvesting in Kotak Equity Opportunities Fund (similar category, different AMC to avoid wash sale concerns).
₹31,200 saved. That's concrete. Let's do it. Can you set it up?
Tax_Harvesting_Computation_FY26.pdf
890 KB
Done. I've initiated the redemption request through CAMS. Expected credit: T+3 working days. I'll reinvest the proceeds into Kotak Equity Opp on April 4th. You'll get a confirmation SMS from CAMS.
Quick update — CAMS confirmed the Axis LTEF redemption. ₹25,87,068 credited to your bank account. Reinvestment into Kotak Equity Opp scheduled for tomorrow.
Got the SMS. Thanks for handling this smoothly.
Good morning Rajiv. Three things for you today: 1. Kotak Equity Opp investment of ₹25,87,068 executed at NAV ₹84.20 2. Your SBI Bluechip SIP of ₹50,000 executed 3. I've flagged another opportunity — Ananya's education fund is tracking 5 months ahead of schedule. We could either reduce the SIP or accelerate the retirement corpus instead. What do you think about redirecting ₹15,000/month from education SIP to retirement?