March’2020 – My FIRE Monthly Investments Update


As of March’20 I have reached a total of Rs.13,82,000, about 2.77% of my Rs.5 crore target to get financial independence and retire early. Littlesaves.com too has been picking up momentum among readers and social media followers. As of now, the community is over 8,000 strong followers across Twitter, Facebook, Linkedin and Youtube. Lots of youngsters who are joining the workforce and even some moms who are home makers have reached out to me on Twitter and Facebook. Common questions are how P2P Lending works, is it feasible, how to earn passive income etc. I will focus on these topics for this month and write my experiences, thoughts and tips on them.

March’20 In a nutshell:

  • Stock market is down and these days, as much as 100+ companies are making new lows
  • I have added Rs.1,50,000 to my stock investment portfolio. I have not made any purchases yet. I am waiting for things to stabilize a bit. Most importantly, see how the Corona situation pans out in India. Modi and team are doing a great job so far!
  • A UN Trade report says World economy will enter recession this year. India and China are the exceptions!
  • We are nearing 10,00,000 Corona cases and 50,000 Corona related deaths
  • I have been working from home completely for the past month. Stepped out of the house just twice for getting Pampers and milk. We have stocked groceries till the 15th of April’20.
  • RBI and banks announce a morartium on loans and debt for upto 3 months. I did not take it, and advice you not to either (unless you are in a financially in a bad position) as it will only increase the interest you end up paying.

My Overall Investments and Progress as of March’20

Final Goal Rs.5 Crores
Total Invested Rs. 12,79,454
Current Value Rs. 13,82,545
Goal Achieved 2.77%
Passive Income in Mar’20 Rs.5,258
ROI% 8.06%
Time left 139 of 144
My investment Scorecard as of March’2020

New articles and Tools& Calculators added in March’20

My office work has been a bit hectic in March’20. We had to plan BCP (Business Continuity Plan) situations incase Corona pandemic continues for a long time. I have not been able to write much on the side as I had to work through Saturday and Sundays too. But I did manage to put together a few useful Tools and Calculators. Here is the list:

Value of Investments and breakdown as of Mar’2020

Total Total Invested 2019 Jan’20 Feb’20 Mar’20 RoI%
Stock Market Investments 300,000 145364.95 132,894 132,894 225,920 -55.70%
Mutual Funds Investments 125,513 105,871 131,879 128,699 102,545 5.07%
Alternate Investments 805,510 903400 923,400 963,100 968,750 15.00%
P2P Lending Investments 48,431 2,777 26,383 26,618 44,743 -45.52%
Cashbacks, Rewards and Points 0 41133.99 45,080 47,354 40,587
Total 1279454 1198547 1259636 1298665 1382544.6 8.06%

Passive Income earned in March’2020

Total Total Invested 2019 Total January’20 Feb’20 Mar’20 2020 – Total Passive Income
Alternate Investments 200000 30000 2500 2500 3150 8150
P2P Lending Investments 27231 47 47 235 365 647
Cashbacks& Rewards Redeemed 0 98156 9393 11367 1743.11 22503
Dividends 0 0 0 0 525 525
Total 227231 128203 11940 14102 5258.11 31300

Stock Market Investments Update for March 2020

With the stock market falling steadily, my current investments are over 35% down. I am adding Rs.1,50,000 into my total stock portfolio. I’m just keeping it as cash at the moment. Once the Corona situation is under control and the market is stable, I will be picking up some blue chip stocks for relatively low prices. One thing to remember is that, the prices are not going to go up in the near future. Any investment now will take 2 years at the minimum to show good returns. The havoc wreaked by COVID-19 virus will have a lot of companies reporting major losses the coming 2-3 quarters. Plus that also means, not much in terms of dividends from these investments.
Symbol Buy Price Current Price Current Value Unrealized P&L P/L
HINDZINC 20004.3 155.4 14,452 -5552.3 -27.8%
IOC 34690.1 81.7 22290 -12400.11 -35.7%
NATIONALUM 15039.5 29.1 10185 -4854.5 -32.3%
OLECTRA 11066.6 49.2 3100 -7966.6 -72.0%
WELENT 8250.0 39.8 3975 -4275 -51.8%
YESBANK 9258.0 22.5 3367.5 -5890.5 -63.6%
BANKBARODA 26220.0 53.6 26775 555 2.1%
MOTHERSUMI 30425.0 61.1 30525 100 0.3%
CASH IN HAND 111251.0 111251
Total 266204.5 225920.5 -40284.01 -35.1%

Mutual Fund Investment Updates for Mar 2020

Total Total Invested Value Dec’19 January’20 Feb’20 Mar’20
Franklin India Ultra Short Bond Fund 15776 10896 15323 15448 15571
SBI Focused Equity Fund 31672 31000 33568 33062 25569
Axis Midcap Fund 39998 33969 42427 41777 33439
Nippon India Small Cap 9900 8095 10754 10147 7093
L&T Midcap Fund 8000 6167 8600 8258 6070
HDFC Small Cap Fund 8000 5869 8224 7651 5316
L&T India Value Fund 6664 5186 7009 6545 4701
DSP Midcap Fund 4000 3144 4422 4253 3219
Nippon India Liquid Fund 1503 1545 1552 1558 1567
Total 125513 105871 131879 128699 102545
From them previous highs of 17% ROI, my Mutual Fund portfolio is currently showing a return of -23.7%. The coming month, I will add another Rs.25,000 and buy up more to average down my costs.

Alternate Investments Update Mar’20

This month I am planning to buy some Bitcoins. Bit coin prices have come down quite a bit and is currently around Rs.4,50,000 for 1 bit coin. I plan to buy worth Rs.5000, so set this sum aside and will buy it once the price falls below USD 6,000 per BTC. All other alternate investments remain the same. Sun exchange investment is showing a little return. Only one out of my 3 projects on Sun exchange are live. So it will take another 3 to 4 months before I start seeing the 12% promised returns.
Total Total Invested December’19 January’20 Feb’20 Mar’20
Loan to Family Friend @ 15% pa 200000 200000 200000 200000 200000
Sun Exchange 31400 3400 3400 32100 32750
Loan to Friend 100000 100000 100000 100000 100000
PF 269110 420000 420000 431000 431000
Investment/Insurance Funds 300000 300000 300000 300000 300000
Loan Taken @ 7% pa -100000 -100000 -100000 -100000 -100000
Bitcoins 5000 0 0 0 5000
Total 805510 923400 923400 963100 968750

P2P Lending Updates for Mar-2020

I have increased my investments in Mintos in March, adding another Rs.21,000. This time instead of investing in loans from Kazakhstan, I have picked up a few loans from EU countries such as Poland and Belarus. The main reason is that due to the Corona outbreak in EU regions, capital is low and loans are available for as much as 20-21% interest for Euros. Keep in mind that the Risk in these are very high as things could go very bad quickly if the Covid-19 cases are not bought under control. Hence me adding only a small amount.
Total Total Invested December’19 January’20 Feb’20 Mar’20
Mintos 48431 2777 26383 26618 44743
Total 48431 2777 26383 26618 44743

Rewards and Cashbacks in the month of March’20

Total Total Invested December’19 January’20 Feb’20 Mar’20
American Express Points 0 6491.52 7161.84 8357.16 8140
Cashkaro 0 2832.58 2860.4 2871.4 2897.64
CRED 0 4091.4 4171.4 4772.57 5834.19
Airmiles 0 13437.5 13437.5 13335 13335
Flipkart Supercoins & Vouchers 0 2764 2860 1808 1920
Hotels & Stay points 0 2593 2593 2593 2593
Other points programs 0 700 200 200 200
Quickride 0 2032 2032 1580 3414
IOC Rewards 0 207.9 224.7 249 276
Play Rewards 0 125.97 146.18 221 233.66
Total 0 35275.87 35687.02 35987.13 38843.49
I continue to generate a tonne of money as cashbacks and rewards. I am hoping to go on a good long holiday by the end of this year. The points I have been hoarding will be useful at that time.
Usual cashbacks for the month. I make about Rs.1,000 in a month purely as cashbacks from my monthly expenses. No Quickride this month due to all the working from home. I picked up a Rs.279 coupon from Flipkart for 50 super coins.
Total Total Invested December’19 January’20 Feb’20 Mar’20
American Express Points 0 10000 0 0 0
Cashkaro 0 5117 0 0 0
CRED 0 8337.78 0 380 0
All other Credit Cards 0 0 407 830 619
Flipkart Supercoins & Vouchers 0 1000 0 1300 279
Other points programs 0 500 0 0 0
Quickride 0 43990 8000 8000 0
Paytm Cashbacks 0 2213 16.4 45 118.11
Amazon Pay Card+Cashbacks 0 26,938 970 812 727
Play Rewards 0 60 0 0 0
Total 0 98155.78 9393.35 11367 1743.11
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Abhi
Abhihttps://littlesaves.com
Abhi is a 29 yr old Indian, on FIRE to retire by 40. He has been investing and learning Finance for the past 12 years. After completing Mechanical engineering, he started working in a multi-national Bank and grew to become an AVP. Currently with an IT MNC as a VP. He lives in Bangalore with his wife and their 1 year old daughter. In his free time, Abhi loves to game on the Xbox, watch movies, read and blog.

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