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Use this spreadsheet  to determine the extent of portfolio overlap among your equity mutual fund holdings.  The tool can help you build a well-diversified equity portfolio. The sheet extracts mutual fund portfolios from money control and compares stock holdings.

Update Aug 30th 2016: There was an issue with the way in which the percentage overlap was reported - the answer would change if fund A and fund B was interchanged. This embarrassing error has now been corrected. Thanks to Arshi Ahmed Khan  for pointing this. Other readers had also mentioned this earlier but it is only now that I found a consistent way to correct it.

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Here is the August 2016 list of equity mutual fund lump sum and SIP returns; upside capture, downside capture and capture ratios over 1,2,3,4,5,6,7,8,9 year periods.

I am slowly developing a portal that lists mutual fund metrics for screening/analysis with a monthly update.

The seeds for this were sown earlier with a listing of downside capture ratio of all mid-cap equity mutual funds and the publication of a tool to compare your mid-cap fund performance with category peers.

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At the recently concluded 6th Bangalore DIY Investor Workshop, I talked about various aspects of risk in personal finance. The video and slide deck are published in this post.

Last week, Ashal's forenoon session on Life, Health, Accident, Critical Illness Insurance: All You Need to Know! was published.

For this investor meet, I chose to focus on behaviour aspects of risk in personal finance. Unfortunately, the focus is on me and the slides can only be seen in part. Request viewers to use the presentation slide show while watching the video.

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Investing requires a target. The future needs of our family or financial goals serve as natural targets. Goal-based investing is a process in which invest according to the needs of the goals. The amount to be invested and where it will be invested will depend on the nature of the goal.

Once the goal based investing journey starts, the next step is to learn: how to track financial goals.

As always, what follows is based on “what I would do”. You are free to critique it.  My view towards money management and personal finance is: do what you are comfortable with and ensure minimal maintenance and stress.

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Dear young earner, what do you wish to optimise? Your money? Or your time?

Would you rather dig deeper and deeper into money management and learn "best" ways to "optimise" money management? Or would you rather spend some mandatory time in getting your finances in order and let it run in auto-pilot with periodic maintenance and use the rest  of your spare time in doing what you love?

If money management is your passion, for eg. finding 'good' business to co-own as a shareholder,  then this choice obviously disappears. And perhaps there maybe some hybrid choices in between the two - I don't care.

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