After frustrating investors for the last few years, ICICI Prudential Value Discovery Fund has performed well in the last few months. Is this because of simply following the index? We investigate. After investing in an actively managed mutual fund, all investors care about is a return higher than the index. It does not matter for…

This is a review of Edelweiss Balanced Advantage Fund, an open-ended dynamic asset allocation fund. In its 12th year, the fund has an AUM of Rs. 1496 crores. It varies its equity exposure between direct equity and arbitrage as per market conditions but will remain an “equity fund” with respect to taxation. Depending on market…

Nippon India Nifty Smallcap 250 Index Fund is an open-ended scheme that will track the Nifty Smallcap 250 Index. Should passive investors add this to their portfolio? Should one invest in a small cap index fund instead of an actively managed small cap fund? If one does choose this index fund, how should they invest?…

Focused mutual funds are schemes that can invest in a maximum of 30 stocks in large cap or mid cap or small cap stocks or across market cap (multicap). The scheme must invest 65% of assets in equity and must mention its market cap alignment. In this article, we find out how focused mutual funds…

ICICI Prudential ESG Fund is an open-ended equity scheme investing in companies identified based on the Environmental, Social and Governance (ESG) theme. This is a review of the ESG theme and whether investors should consider investing in such a theme and in this fund which has an NFO Period between 21st Sept – 5th Oct…

We evaluate the performance consistency of HDFC Balanced Advantage Fund by comparing it with Nifty 100 TRI and CRISIL 65% Equity 35% Bonds hybrid index.

Mirae Asset Equity Allocator Fund of Fund is an open-ended fund of fund scheme predominantly investing in units of domestic large cap and mid cap equity ETFs (95% or more) thereby making it an “equity-oriented fund” with respect to taxation. In this review, we ask if there is anything special about this new fund offering.

This is a review of PGIM India Global Equity Opportunities Fund. A trailing one year return of 64% (as on Sep 3rd 2020) has been hard to ignore for many readers and I have received several requests for this review.

Axis Global Equity Alpha Fund of Fund is a new offering from Axis AMC. It will invest in Schroder International Selection Fund Global Equity Alpha, a large cap oriented global equity fund. We discuss the performance of this underlying fund to understand if it makes sense to consider the Axis fund for “international diversification”.

This is a performance review of Franklin India Feeder – Franklin U.S. Opportunities Fund. This is an open-ended fund of fund scheme that invests a minimum 95% of its assets in the Franklin U.S. Opportunities Fund – I (acc) USD based in Luxemburg!

This is a performance review of HDFC Top 100 Fund. We ask if existing investors should exit the fund because of its recent poor performance or hold on, wait for the market imbalance to reduce and give Prashant Jain some more time to turn things around.

ICICI Prudential Alpha Low Vol 30 ETF currently in its NFO period (Aug 3 to Aug 10) will be the first: “multi-factor” ETF in India. When investors hear the word “alpha” it starts all kinds of bells and whistles inside them. This is because of an incorrect understanding of what alpha actually is. Here is…

We review the performance of ICICI Prudential US Bluechip Equity Fund to determine if it has managed to outperform the S &P 500 TRI index in INR. We ask if it makes sense to invest in an actively managed S&P 500 fund or choose the passive route with Motilal Oswal S&P500 index fund.

This is a performance review of Parag Parikh Long Term Equity Fund. We shall look at its portfolio history and evaluate its trailing return performance (lump sum and SIP).

Motilal Oswal AMC its new fund – Motilal Oswal Multi-Asset Fund – that on the face of it looks like an interesting, exciting idea (like every other NFO). Let us dig deeper to find out more about the investment strategy and who is the fund suitable for.