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Generated · 14 May 2026, 10:32 AM

Household of 2 · 2 CAS statements analysed

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R

Rahul

Self

Portfolio

₹25,50,000

+30.8% overall

Allocation

Large Cap39%
Mid Cap24%
ELSS19%
Hybrid12%
International6%

Invested ₹19,50,000 · Current ₹25,50,000

Estimated Fee Drag

₹27,793/yravg 1.09%Details
FundTERDrag/yr
Axis Bluechip Fund1.52%₹8,816
Mirae Asset Large Cap Fund0.54%₹2,268
HDFC Mid-Cap Opportunities1.61%₹9,821
Axis ELSS Tax Saver0.69%₹3,381
SBI Debt Hybrid Fund1.05%₹3,255
Mirae Asset NYSE FANG+ ETF FoF0.18%₹252

TER sourced from AMFI monthly disclosure. Drag = TER × current value.

Missed Gains

₹12,363/yrDetails

Regular vs Direct — annual fee drag

These funds have a Direct plan equivalent with a lower expense ratio. Switching from Regular to Direct eliminates the annual drag shown below.

FundRegular TERDirect TERAnnual drag
Axis Bluechip Fund1.52%0.54%₹5,684
HDFC Mid-Cap Opportunities1.61%0.82%₹4,819
SBI Debt Hybrid Fund1.05%0.45%~₹1,860
  • !Holding 3 Regular plans costs ~₹12,363/yr in extra distributor commissions vs Direct equivalents.
  • !HDFC Mid-Cap Opportunities has underperformed its benchmark (Nifty Midcap 150 TRI) by 2.1% annually — ~₹12,810/yr in foregone returns.

Fee drag uses estimated Direct TERs from AMFI. Alpha gap is sourced from ETMoney fund data. Actual savings may vary.

Compliance Audit

2 of 4 folios with issues
Details

Axis Mutual Fund

Folio 1234/56

1 issue
KYC PAN-KYC PAN Nominee

HDFC Mutual Fund

Folio 9876/21

Compliant
KYC PAN-KYC PAN Nominee

Mirae Asset

Folio 5544/01

Compliant
KYC PAN-KYC PAN Nominee

SBI Mutual Fund

Folio 3310/77

1 issue
KYC PAN-KYC PAN Nominee

Your SIPs

Inferred from CAS transaction history

Active monthly

15,000

HDFC Mid-Cap Opportunities Fund - Direct Gro…
₹10,000/month
Axis ELSS Tax Saver Fund - Direct Growth
₹5,000/month

Inactive / stopped

Axis Bluechip Fund - Regular Growth

Last: Nov 2024

₹3,000/month

Fund Returns

AI Insight
Details
Fund1Y3Y
HDFC Mid-Cap Opportunities+22.4%+18.6%
Axis Bluechip Fund+14.2%+12.8%
Axis ELSS Tax Saver+15.1%+13.4%
Mirae Asset Large Cap Fund+16.8%+13.9%
SBI Debt Hybrid Fund+8.4%+7.9%
Mirae Asset NYSE FANG+ ETF FoF+28.4%+12.1%

Category averages

Mid Cap Fund+21.6%+17.2%
Large Cap Fund+13.1%+11.4%
ELSS+14.8%+12.9%
Aggressive Hybrid Fund+9.2%+8.8%
Fund of Funds (Overseas)+24.1%+11.8%

CAGR sourced from mfapi.in historical daily NAV; refreshed weekly. Category averages computed from all Direct+Growth funds in the same SEBI category.

AI Narrative

Rahul's portfolio shows a well-diversified equity core, but the mix of Regular and Direct plans is creating a fee drag of ₹27,793/yr — money that compounds against wealth over time. The Large Cap allocation is doubled-up across Axis Bluechip (Regular, 1.52% TER) and Mirae Asset (Direct, 0.54% TER) — two funds in the same SEBI category. The ELSS allocation via Axis Direct is well-structured. The SBI Debt Hybrid regular plan has a higher TER (1.05%) compared to passive debt index options — worth evaluating whether the allocation and cost structure match your goals. Mid Cap exposure via HDFC adds avoidable cost via the Regular plan.

Goal Alignment

AI Insight
70/100
Emergency FundNot detected
Long-term Equity62%
  • !No emergency fund detected — consider keeping 3–6 months of expenses in a Liquid or Overnight fund for quick, penalty-free access.

Tax Loss Harvesting

AI Insight
₹22,000 loss
Harvestable loss₹22,000
Est. saving (LTCG 12.5%)₹2,750
Est. saving (STCG 20%)₹4,400
FundLoss
Mirae Asset NYSE FANG+ ETF FoF₹22,000
  • !1 fund with unrealised losses totalling ₹22,000. Booking before 31 March could save ₹2,750–₹4,400 in capital gains tax.
  • !India has no wash-sale rule — you can sell and rebuy the same fund on the same day to maintain market exposure while locking in the tax loss.

Loss estimates use total invested value vs current value from your CAS. Per-lot purchase dates are not available, so STCG vs LTCG split is approximate. Consult a CA for precise tax calculation before acting.

Tax Liability if Sold Today

AI Insight
₹5,50,000 gain
LTCG tax (12.5%)₹53,125 after ₹1.25L exemption
STCG tax (20%)₹0
FundGainLTCG tax
HDFC Mid-Cap Opportunities₹1,60,000₹20,000
Axis Bluechip Fund₹1,60,000₹20,000
Axis ELSS Tax Saver₹1,10,000₹13,750
Mirae Asset Large Cap Fund₹80,000₹10,000
SBI Debt Hybrid Fund₹40,000₹5,000
  • Estimated LTCG tax if entire equity portfolio sold today: ₹53,125 (12.5% on gains above ₹1.25L annual exemption).
  • No short-term holdings detected — no STCG exposure.

Tax estimates use total invested value vs current value from your CAS. Per-lot purchase dates unavailable — actual LTCG/STCG split may differ. Consult a CA before acting.

P

Priya

Spouse

Portfolio

₹11,80,000

+22.9% overall

Allocation

Large Cap41%
ELSS35%
Hybrid24%

Invested ₹9,60,000 · Current ₹11,80,000

Estimated Fee Drag

₹16,224/yravg 1.37%Details
FundTERDrag/yr
SBI Bluechip Fund1.42%₹6,816
HDFC ELSS TaxSaver1.50%₹6,300
Kotak Balanced Advantage1.11%₹3,108

All 3 funds are Regular plans. TER sourced from AMFI monthly disclosure.

Missed Gains

₹9,034/yrDetails

Regular vs Direct — annual fee drag

These funds have a Direct plan equivalent with a lower expense ratio. Switching from Regular to Direct eliminates the annual drag shown below.

FundRegular TERDirect TERAnnual drag
SBI Bluechip Fund1.42%0.62%₹3,840
HDFC ELSS TaxSaver1.50%0.75%₹3,150
Kotak Balanced Advantage1.11%0.38%~₹2,044
  • !All 3 funds are in Regular plans — switching to Direct would save ~₹9,034/yr in annual distributor commissions.

Fee drag uses estimated Direct TERs from AMFI. Actual savings may vary slightly after switching.

Compliance Audit

2 of 3 folios with issues
Details

SBI Mutual Fund

Folio 7721/03

1 issue
KYC PAN-KYC PAN Nominee

HDFC Mutual Fund

Folio 4456/88

1 issue
KYC PAN-KYC PAN Nominee

Kotak Mahindra MF

Folio 2209/11

Compliant
KYC PAN-KYC PAN Nominee

Your SIPs

Inferred from CAS transaction history

Active monthly

13,000

SBI Bluechip Fund - Regular Growth
₹8,000/month
Kotak Balanced Advantage Fund
₹15,000/quarter

Fund Returns

AI Insight
Details
Fund1Y3Y
SBI Bluechip Fund+13.8%+11.9%
HDFC ELSS TaxSaver+14.6%+12.4%
Kotak Balanced Advantage+10.2%+9.8%

Category averages

Large Cap Fund+13.1%+11.4%
ELSS+14.8%+12.9%
Aggressive Hybrid Fund+9.2%+8.8%

CAGR sourced from mfapi.in historical daily NAV; refreshed weekly. Category averages computed from all Direct+Growth funds in the same SEBI category.

AI Narrative

Priya's portfolio is 100% Regular plans — every rupee is paying distributor commission that doesn't serve the portfolio. The effective fee drag of ₹16,224/yr compounds significantly over a 10-year horizon. At 8% assumed CAGR differential between Regular and Direct plans, the cost over 10 years is approximately ₹2.4L in lost compounding. The concentration in Large Cap (41%) and ELSS (35%) means limited mid-cap and zero international exposure. With no debt allocation, the portfolio is fully equity-correlated — adding a short-duration debt fund would improve the risk-adjusted profile.

Goal Alignment

AI Insight
70/100
Emergency FundNot detected
Long-term Equity76%
  • !No emergency fund detected — consider keeping 3–6 months of expenses in a Liquid or Overnight fund for quick, penalty-free access.

Tax Loss Harvesting

AI Insight

No unrealised losses — nothing to harvest this FY.

  • !No unrealised losses detected — no tax-loss harvesting opportunities this FY.

Loss estimates use total invested value vs current value from your CAS. Per-lot purchase dates are not available, so STCG vs LTCG split is approximate. Consult a CA for precise tax calculation before acting.

Tax Liability if Sold Today

AI Insight
₹2,20,000 gain
LTCG tax (12.5%)₹11,875 after ₹1.25L exemption
STCG tax (20%)₹0
FundGainLTCG tax
SBI Bluechip Fund₹1,10,000₹0
HDFC ELSS TaxSaver₹70,000₹0
Kotak Balanced Advantage₹40,000₹0
  • Estimated LTCG tax if entire equity portfolio sold today: ₹11,875 (12.5% on ₹95K gain above ₹1.25L exemption).

Tax estimates use total invested value vs current value from your CAS. Per-lot purchase dates unavailable — actual LTCG/STCG split may differ. Consult a CA before acting.

AI Wealth Insights for Family Portfolio

Combined analysis across the household — gaps, overlap, and areas to review.

Portfolio Gaps

  • 1No emergency fund visible in CAS — consider a liquid fund or short-duration debt fund equivalent to 6 months of expenses.
  • 2International allocation is 5.8% (Rahul only). Priya has no international fund exposure — whether this suits the household depends on individual goals and risk profile.
  • 3ELSS lock-in on 4 folios expires in the next 12 months — review whether to redeem or continue based on tax bracket.
  • 4Priya's entire portfolio is in Regular plans — TER differential vs equivalent Direct plans is approximately ₹16,224/yr (~0.9% of portfolio value annually).

mcrux Fund Rankings

5 funds scored

HDFC ELSS TaxSaver (Priya)

Bottom Quartile22.1/100

Rank 37 of 42 in ELSS · 3Y CAGR 10.2% · TER 1.68% · 59 pts below category best

Consider reviewing this fund's long-term performance vs its ELSS peers.

Top-ranked ELSS funds by mcrux Score — for reference only:

Mirae Asset ELSS Tax Saver Fund81.4Quant ELSS Tax Saver Fund76.2Canara Robeco ELSS Tax Saver Fund72.8

SBI Bluechip Fund (Priya)

Below Median31.4/100

Rank 19 of 27 in Large Cap Fund · 3Y CAGR 11.4% · TER 1.45% · 48 pts below category best

Consider reviewing this fund's long-term performance vs its Large Cap Fund peers.

Top-ranked Large Cap Fund funds by mcrux Score — for reference only:

Nippon India Large Cap Fund78.9ICICI Pru Bluechip Fund74.3Mirae Asset Large Cap Fund71.2

1 fund could not be ranked — performance data pending.

mcrux Score = 35% 3Y-CAGR + 30% rolling consistency + 20% Sharpe + 15% expense ratio (lower TER = better) vs SEBI category peers. Educational analysis, not investment advice.

Family Fund Overlap

Mirae Asset Large Cap Fund (Rahul) SBI Bluechip Fund (Priya)

61.2% overlap

Common: HDFC Bank, ICICI Bank, Reliance Industries, Infosys, Axis Bank +1 more

Axis Bluechip Fund (Rahul) Mirae Asset Large Cap Fund (Rahul)

57.4% overlap

Common: HDFC Bank, ICICI Bank, Reliance Industries, TCS, Infosys +1 more

Axis Bluechip Fund (Rahul) SBI Bluechip Fund (Priya)

53.1% overlap

Common: HDFC Bank, ICICI Bank, Reliance Industries, Infosys, Axis Bank

Axis ELSS Tax Saver (Rahul) Axis Bluechip Fund (Rahul)

41.8% overlap

Common: HDFC Bank, ICICI Bank, Bajaj Finance, Reliance Industries, Infosys

HDFC ELSS TaxSaver (Priya) Axis Bluechip Fund (Rahul)

34.5% overlap

Common: HDFC Bank, ICICI Bank, L&T, Infosys, Kotak Bank

Data mix: Apr 2026 (Mirae Asset Large Cap Fund (Rahul), SBI Bluechip Fund (Priya), Axis Bluechip Fund (Rahul), Axis ELSS Tax Saver (Rahul)) · Mar 2026 (HDFC ELSS TaxSaver (Priya))

Areas to Review

  1. 1Priya holds 3 Regular plans — SBI Bluechip, HDFC ELSS TaxSaver, and Kotak Balanced Advantage. Equivalent Direct plans exist with lower TERs; the estimated cost difference is ₹13,116/yr. Worth evaluating with a distributor or registered advisor before making any changes.
  2. 2Rahul holds 2 Large Cap funds — Axis Bluechip Regular and Mirae Asset Large Cap Direct. Both are in the same SEBI category with significant AUM overlap. Many investors review for duplication within a single category.
  3. 3HDFC Mid-Cap Opportunities (Regular) has a TER of 1.61% vs 0.82% for the Direct variant — a cost difference of ~₹4,800/yr on the ₹6.1L holding. No change in fund, just plan type.
  4. 4Priya's portfolio has no debt or liquid component (100% equity/hybrid). Many investors with similar equity exposure maintain some debt allocation for liquidity. Worth discussing with an advisor whether this suits Priya's goals and timeline.

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Educational portfolio analysis — not personalised investment advice. mcrux is not a SEBI-registered investment advisor. Past performance does not guarantee future results.