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
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
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.
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.
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.
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.
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.
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.
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.
Fund Transaction Record Each time a new fund is added to the tracker, a new transaction record like the one shown below is created.
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.
Download the automated mutual fund and financial tracker OCt 10th 2017 Changed the way dividends are factored in XIRR calculation.
Download the automated mutual fund and financial tracker Aug 15th 2017 Thanks to Raghu Gopalan for spotting a bug.
Download the automated mutual fund and financial tracker (Apr. 10 2016)
Also published on Medium.
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