My Index fund and ETF Q2 + 1 month 2023 portfolio review
TLDR - April to July 2023 Index fund & ETF portfolio review
April to July 2023
The global market seems to be stabilising in general, the Ukraine war seems to have been priced in. Indian market is on a tear, going like crazy compared to other global indexes.
The rate of inflation across the world is slowing down which is probably a good thing. There is still a chance of recession in the horizon but its anybody’s guess whether it is 3 months down the line or 3 years down the line.
Key index returns
NSE seems to like moving things around again. They have moved all historical data into a separate website now. So please do refer to the details in the link below.
How was the market return on key indexes for the last 3 months ending 31-Jul-23?
Nifty = 9.91%
Nifty next 50 = 14.86%
Nifty mid cap 150 = 18.7%
Nifty small cap 250 = 21.12%
Amazing, the smaller the cap, the greater are the returns. Amazing isn’t it?
My ETF Investments
No new investments into ETFs, so these are just organic growth. Comparing the numbers across the year, The market seems to have taken back gains from last year to this year. See the two charts comparing the numbers between August 2023 and July 2022 respectively.
Current value 7-Aug-23
Value as of 5-Jul-22
My Kuvera Index funds
Current value as of 7-Aug-23
Value as of 5-Jul-22
SIP is on auto pilot. Most of the gains is driven by ongoing contributions into the funds every month. XIRR is moving with the market. I am quite happy with this move to 18% returns overall.
Given the bullishness of the overall market, this XIRR is on the higher side, i expect this number to normalise to 12% levels in the next few years.
Conclusion
What is your take? How did your portfolio perform in the second half of the year? Did you stick to your plan? Did you add more?
Leave your comments below.
Happy Investing - #MyFatFIRE
