Features of the freefincal mutual fund and financial goal tracker

A little over two years ago, an automated mutual fund & financial goal tracker was released. It was made with extensive beta testing by readers and is reasonably popular despite the availability of user-friendly online trackers.

The tracker sheet is a monster and can be quite daunting for a new user to navigate. So here is a list of features and 'how-to-use' guide.

SIP and Lumpsum investments

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These can be made from the inputs  and Input for Lumpsum investments sheets respectively. The screenshot of the inputs shee is shown above.

The 1st transaction date refers to the first payment made when the SIP is registered.The date of SIP refers to second transaction which is made a month later. This is the SIP date and every transaction made after the first is done on this date. For example, a SIP could be registered on 25th Jan with SIP date of 6th. So from 6th Feb. the SIP would start. The first transaction would be made on 25th Jan.

Transaction Summary Sheet

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When the SIP is recorded, an entry in the summary sheet is made as above. From here, the NAV can be updated daily, the CAGR (rather the XIRR) can be calculated. Individual fund transactions can be updated, records can be deleted and SIP stop dates added.

Goal Tracking sheet allows you to tag a financial goal to each instrument. If 4 funds are tagged to the same goal, the net portfolio return is calculated. I use this to review my mutual fund portfolio.

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Compare fund performance In this sheet you can compare your holdings with the performance of an index or any other fund for the same transaction dates.

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Plot Fund and Corpus Evolution Here the growth of each fund holding can be visually represented. The corpus growth can also be plotted similarly. The data points for this is aggregated when the NAV is updated in the summary sheet.

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Consolidate fund holdings sheet allows to you calculated the net return of two or more funds. For example, the net return from a fund which has both regular and direct holdings.

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Capital gains calculator sheet allows to find out how much you can withdraw without exit load and the tax implication of the withdrawal. This is an extension of the capital gains calculator.

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Add new Fund (AMFI) record. If you dont see a fund you want in the drop down sheet or if it is a new fund, you can add the AMFI code with this sheet.

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Goal Analysis. This is a set of goal planning calculators which is updated with the current corpus value  (mutual funds alone). This allows easy tracking of the goal in terms of investment amount required. This is how I track my path to financial freedom.

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Fund Transaction Record Each time a new fund is added to the tracker, a new transaction record like the one shown below is created.

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Once you are comfortable with the sheet, you can simply add transactions here itself at the end and update the value and return at the summary  sheet.

Interested users can also used the move or copy feature in Excel to move the PPF tracker into this sheet.

Give this a go and let me know what you think.

Latest Version

Download the automated mutual fund and financial tracker (Apr. 10 2016)

Install Financial Freedom App! (Google Play Store)

Install Freefincal Retirement Planner App! (Google Play Store)

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13 thoughts on “Features of the freefincal mutual fund and financial goal tracker

  1. Anil

    Dear sir,
    Can you show examples of how people are using it? The advantage/disadvantage nowadays is that we've too many tools but we don't know if we really need the tool.

    Perhaps, just like evernote, you can have different use cases and people can start adopting then.

    Reply
    1. freefincal

      Well, I am not selling the tool so I have no need to convince anyone that this is something they should be using. It is up to you and each reader to evaluate advantages or disadvantages of the sheet on their own. All I can say is that this is the only sheet I use for all my fund holdings for the past 2.5 years. I don't know how many readers use this, but I do know that some do. Since it is open source, they are probably modifying it the way they want. Perhaps such user may share their experience here.

      Reply
  2. execve

    Firstly, thanks for this calculator!

    How do you suggest to use different portfolio accounts (for e.g., like self, joint, son daughter, HUF etc.) in the same sheet - can I use the consolidate sheet to give a view from a portfolio account point of view or could there be some side-effects ?

    Thanks!

    Reply
  3. execve

    And one more question - how do you check asset distribution across differnet categories of MF - for e.g., hybrid-debt oriented, small/mid-cap etc. ? I have read your financial audit post and there you mention that you also have a cross-check that your overall portfolio is aligned with the planned distribution across different categories. Is that something that you calculate separately as part of the audit - or someway that one can use the tool to achieve the same ?

    Reply
  4. Vaibhav

    Hello Sir,

    I am an avid reader of your blog for last 1 year. In this calculator there are 3 sheets exist already with name like qlte, t200-dir and t200. I have question around how I can delete these tab sheets as I am not having any investment around those. Or if any mistake happened for any new SIP tab sheet then how to delete that. Thanks in advance

    Reply
  5. execve

    @Vaibhav - even I didnt know that - but it is actually so straightforward. you can go to the summary sheet - select the fund t200 in the drop down and delete its holdings.

    Reply
    1. Vaibhav

      Thanks execve for quick reply. There is no drop down on Summary sheet to select the fund for deletion purpose. Am I missing something here??

      thanks,
      Vaibhav

      Reply
    1. Vaibhav

      Thanks a lot. I found it finally. Actually first time when click on delete button the pop up message to select fund is little confusing as it says select the fund from below sheet. But never mind. Thanks once again for helping out.

      Reply
      1. freefincal

        Hi guys, after selecting the drop down, one will have to move up to see the holdings, then choose one and delete it.

        Reply
  6. Sai Raghavendran

    This is great Pattu. After using your excel sheet for quite some time I created a custom one for myself in Google sheets to track MF, EPF, PPF, NPS and stocks. You're an inspiration for so many like me!

    Reply
  7. Jitendra

    Excellent Tracker.

    But please modify such that we can add our EPF & PPF and also RD/FD corpus and tag them to our goals.
    Please please please.

    Reply

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