Instead of searching for the NAVs of all my funds at MyIRIS or MutualFundsIndia, I have developed a small excel sheet which will fetch the values for me and displays the current portfolio value at the click of a button. Here I am trying to share the “HOWTO” of the same.
- Create an excel workbook with 2 sheets. Call one as “NAVs” and the other as “Portfolio”.
- In the NAVs sheet, click at one of the top-left cells (I did on A2), and go to Data -> Import External Data -> New Web Query. [For more information on using Web Queries, visit Using Web Queries to Import Data to Excel @ R1C1.
- Now paste the url http://finance.indiamart.com/markets/mutual_funds/latest_mf_navs.html in Address box and press go. You would see something like this.
Say “Import”. Essentially what you have done is, creating an automatically updatable NAV list in the NAVs sheet. - Now select all Schemes in the imported table and define a named range as “fund_names” for it. [Creating Named Ranges in Excel]
- Now, go to “Portfolio” sheet and create a table like this.
[Click on it to Zoom] - Next select the Fundname column (I have 32 rows, you can have as many as you wish) and go to Data->Validation. Enter the settings like this.
- Formulas:
>>> For Purchase Value[f3]: “=e3*d3”
>>> For Current Value[h3]: “=g3*d3”
>>> For Current NAV[g3]: “=IF(C3=””,0,VLOOKUP(C3,NAVs!$A$6:$D$1634,3,FALSE))”
essentially, looking up for the selected fund name in the NAVs sheet and returning the exact NAV to this cell only if a fund name is selected.
>>> Gain / Loss[i3]: “=IF(ISERROR((H3-F3)/F3),””,(H3-F3)/F3)”
to avoid DIV 0 messages. - At the end of the table you can add a TOTAL row and repeat the necessary formulas to get the total portfolio performance.
- Now the portfolio tracker is done. Enter the fund data by selecting the fund name from drop down and number of units purchased, purchase NAV. Rest will be shown by the tracker.
- Remember: everytime you open the workbook, go to “NAVs” sheet and refresh the data. [Select anywhere in the table, right click and say Refresh Data]
Now this is a very basic portfolio tracker. I am thinking of adding some VBA / Macro so that everytime the table is refreshed, the new values are written in a separate sheet called “Historical NAV” so that we can track the fund performance over a period of time by selecting a date (instead of current date). Also, if we can import benchmark indices on runtime, you can get relative performance metrics. Plus, some more analysis of fund performances (instead of mere total return) would reveal the risk-returns of the portfolio. Lets see if I can build such a thing in my spare time.
[Just in case you do not have time for all this, then you can access the workbook that I have created here: Portfolio Manager MFs India ]
23 Responses to “Learn Top 10 Excel Features”
What it looks like if excel without formula?? 🙂
It would be not excel it would just be fancy tables in which you could just use power point. (Chandoo) would Access be an alternative?
Awesome piece of work!!!
Great article.
Chandoo - my biggest interest in the article was the awesome word-graphic at the top - where did you go to get it done into a shape?
@Rich.. thank you. I used http://www.tagxedo.com/ to generate this word cloud. I took all the comments in the original post, pasted them in tagxedo website and set up the shape etc.
Awesome Chandoo.. You need always needs coffee to start up with. BTW , how did u created the Heart Shaped picture filled with High Repetitive text in it .. Please put it on your Next blog ...
Chandoo, good article. I’ve added a link to it from Connexion – our collection of the most useful and interesting spreadsheet-related articles from the web. See http://www.i-nth.com/resources/connexion
Hi,
Just one small question. Where the hell have been I in the past for not discovering this website sooner?
I've lost a job interview recently where even though I had the subject knowledge, I was not upto their mark in Excel.
Thank you for all the free tips, guidance and for creating this forum environment.
[PS: I've just been through the site for the 1st time, and have signed up for the newsletter. You can expect pretty stupid questions from me soon]
Hy Chandoo, you always inspire me with to explore something new in excel. This data structure table is only for excel 2007 or compatible to 2010. I recently installed latest excel version 2013 in my System and experience problems regarding operating according to previous one. I'm waiting your article relates to that excel version.
Thanks
Awesome article Mr. Chandoo and that is a awesome heart shaped pic you created. Great tips as well.
[...] Learn Top 10 Excel Features | Chandoo.org – Learn Microsoft Excel Online. [...]
Chandoo is awesome..
Thanks, i got better, And i always get 90.50 in my grade card but now i get 96.50 i improved because of the tutorials you gave, Thank You Very Much Chandoo Guy.
Hi chandoo, i am intersted in seeing the video or step by step done procedure of analysing the comments and presenting in the data percentage steps. I think this one would be first step in finding out how generally happens data calculation. Thank you.
As well i would like to know how to get that black shape art of your face which i see in chandoo. I am interested in making it for me.
Nice to see the features considered by Excel users to be most useful. It might be a good idea to also analyze StackOverflow Excel questions to see what keywords appear most often.
Here are my top 10 Excel Features (for advanced users):
http://www.analystcave.com/excel-10-top-excel-features/
Thanks a ton for this it totally helped with my homework ????
Very good effort
Thank you for this. Lots of learning in the links you've provided for this septuagenarian.
Pls send me new post
Dude, your humor ? ?
Loved your work.
Hello Sir,
I am Sanjeev Khakre and i from Indore City, India , I am your big follower and i have watch your videos and learnt a lots of excel trick or function and many more . thanks so much for all of your excellent support.
Your excel knowledge is real awesome.
Thanks
Sanjeev
Your work is excellent but pls willing to know more details about the features of microsoft excel
Chandoo Would Access be a better alternative than VB?