Features of the freefincal mutual fund and financial goal tracker

Published: April 10, 2016 at 12:12 pm

Last Updated on

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 goal tracker July 2019 (minor bug removed)

Download the automated mutual fund and financial goal tracker July 2018

Download the automated mutual fund and financial goal tracker June 2018

Download the automated mutual fund and financial tracker Dec 19th, 2017 Changed AMFI daily NAV update url, thanks to Anish Mohan. Existing users MUST follow instructions here for getting NAV updates.

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)

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About the Author

Pattabiraman editor freefincalM. Pattabiraman(PhD) is the founder, managing editor and primary author of freefincal. He is an associate professor at the Indian Institute of Technology, Madras. since Aug 2006. Connect with him via Twitter or Linkedin Pattabiraman has co-authored two print-books, You can be rich too with goal-based investing (CNBC TV18) and Gamechanger and seven other free e-books on various topics of money management. He is a patron and co-founder of “Fee-only India” an organisation to promote unbiased, commission-free investment advice.
He conducts free money management sessions for corporates and associations on the basis of money management. Previous engagements include World Bank, RBI, BHEL, Asian Paints, Cognizant, Madras Atomic Power Station, Honeywell, Tamil Nadu Investors Association. For speaking engagements write to pattu [at] freefincal [dot] com

About freefincal & its content policy

Freefincal is a News Media Organization dedicated to providing original analysis, reports, reviews and insights on developments in mutual funds, stocks, investing, retirement and personal finance. We do so without conflict of interest and bias. We operate in a non-profit manner. All revenue is used only for expenses and for the future growth of the site. Follow us on Google News
Freefincal serves more than one million readers a year (2.5 million page views) with articles based only on factual information and detailed analysis by its authors. All statements made will be verified from credible and knowledgeable sources before publication.Freefincal does not publish any kind of paid articles, promotions or PR, satire or opinions without data. All opinions presented will only be inferences backed by verifiable, reproducible evidence/data. Contact information: letters {at} freefincal {dot} com (sponsored posts or paid collaborations will not be entertained)

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30 Comments

  1. 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.

    1. 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.

  2. 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!

  3. 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 ?

  4. 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

  5. @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.

    1. 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

    1. 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.

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

  6. 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!

  7. 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.

    1. Thanks for such a wonderful readymade sheet, I was searching such sheets since long.
      One question, after making all funds SIP entries, now onwads is it reqired to add every month my future SIP or it is automatically ģet entry into the sheet?
      Thanks a lot, excellent work done by you, keep it up….

  8. This is great help….just one quesion 🙂

    Is there any option to club multiple sip in one,,,,because i have two SIP in same fund on different date

  9. Is there a significant change in the aug and this oct version?
    i have been using the first version and trusting the numbers shown on it
    How do i move from that file to the new version?

    1. No, there were some bugs that come only under specific circumstances. As long as the value matches with fund acct statement with some allowance to rounding off, there is no need to shift.

  10. What to do if 1st transaction amount is not same as SIP amount? e.g. My SIP is of 2000 but i made 1st transaction of rs.1001.

  11. Hello Pattu Sir,
    Thanks for sharing wonderful calculators with everyone. It has been a great help to me personally.
    I wanted to bring to your attention one small bug in your “Goal Planner” sheet on your latest version of the tracker (“YT-V3-Freefincal-Automated-mf-portfolio-financial-goal-tracker-JULY-2019.xlsm”).

    The formula for the cell “If you were to retire today the current corpus will last for (years)” is using “retirement expense in the first year of retirement” (cell B25) instead of current retriement expense (cell B24). So, I think the formula should be =NPER((1+B11)/(1+B8)-1,-B24,B27+B16,,1)

    I also wanted to request if you can include the “Capital Gains” sheet into the latest version of the tracker.

    Thanks,
    Naveen

  12. Hello Sir,
    This calculator is super useful. Thank you for making this available. The july 2019 version fails to download with a “Not available at source” error whereas the previous versions are fine. It would be great if you could check this.
    Thanks in advance.

  13. There is some issue in the latest version of this sheet. I’ am unable to download as it gets stuck due to network error. I am hoping it is temporary.

    Thanks in advance

  14. Hi sir,

    I have learnt a lot from you. I have watched a lot of your videos and read so many blogs.
    I am 27 and now feel that I have a system guiding my investments towards my goals.
    Dowload is failing for “YT-V3-Freefincal-Automated-mf-portfolio-financial-goal-tracker-JULY-2019.xlsm”
    Can you please check? or provide an alternate google drive link if possible

  15. Hi Sir – In Inputs sheet, after filling fund details when i click to generate mutual fund SIP, it pops up an error saying “Another sheet with this name already exists. Please enter a unique name..”
    I tried to find if any other sheet with same name exists but could not find so and the error keeps on coming up. Kindly help

  16. Hello Sir
    After filling all the details in Inputs sheet, while i click on button, it pops up an error saying “Another sheet with this name already exists”. I checked if another sheet really exists with same name but could not find so.Kindly suggest how to do away with this error.

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