We compare the rolling returns of Nifty 50, Nifty Next 50, Nifty Midcap 150 and Nifty Smallcap 250. We publish this comparison from time to time. This is the April 2024 edition. Returns for a financial instrument that fluctuates can be calculated in two ways: Point-to-point returns: The effective annual compounded growth rate (CAGR) is…

We compare the portfolios of Parag Parikh Dynamic Asset Allocation Fund (PPDAAF) and Parag Parikh Conservative Hybrid Fund (PPCHF) to appreciate when each fund can be used. As noted earlier – Parag Parikh Dynamic Asset Allocation Fund: Who should invest? – the AMC wishes to maintain a debt-oriented allocation, making PPDAAF more tax-efficient than the PPCHF….

Parag Parikh, Dynamic Asset Allocation Fund, is an open-ended dynamic asset allocation fund launching on Feb 20th. We discuss who can consider investing in the fund. According to the scheme flyer, “The fund will predominantly invest in debt instruments and endeavour to maintain equity allocation between 35% and 65%* (some of it will be hedged…

We explore the efficacy of using DSP Nifty Smallcap250 Quality 50 Index Fund as a low-cost alternative to active small cap funds

This edition of the fund performance report looks at Mirae Asset Emerging Bluechip Fund. In Oct 2016, this fund stopped lump sum investments after its AUM swelled past 11,000 Crores. Investments were possible only via SIPs or STPs up to Rs. 2500 monthly.  In early October 2023, the fund house increased the SIP limit to…

DSP Nifty Smallcap250 Quality 50 Index Fund is an open-ended fund tracking the small quality index in its name. The fund is currently in its NFO period. This article reviews the index’s performance and discusses if investing in this new passive fund makes sense. According to the NSE, “the Nifty Smallcap250 Quality 50 Index tracks…

Parag Parikh Arbitrage Fund aims to  “generate capital appreciation and income by predominantly investing in arbitrage opportunities in the cash and derivatives segment of the equity market, and by investing the balance in debt and money market instruments”. The NFO period of the fund is from Oct 23rd to Oct 27th 2023, and the scheme…

Groww Nifty Total Market Index Fund is an open-ended scheme replicating/ tracking the Nifty Total Market Index (TRI). In this article, we compare the rolling returns of the underlying index with Nifty 50 TRI. The Nifty Total Market Index tracks the performance of 750 stocks covering large, mid, small and microcap segments. Nifty 500 index…

We compare the rolling returns of Nifty 50, Nifty Next 50, Nifty Midcap 150 and Nifty Smallcap 250. Returns for a financial instrument that fluctuates can be calculated in two ways: Point-to-point returns: The effective annual compounded growth rate (CAGR) is calculated between two dates. You can calculate CAGR for your mutual fund and compare…

A reader wishes to know if he can invest in the newly launched Edelweiss Multi Asset Allocation Fund as its taxation is lower than debt funds—a discussion. Edelweiss Multi Asset Allocation Fund is an open-ended scheme investing in Equity, Debt, Commodities and units of REITs & InvITs.  The typical asset allocation strategy is: 35-40% Equity Arbitrage. …

UTI S&P BSE Housing Index Fund is an open-ended scheme tracking S&P BSE Housing TR. The NFO period ends June 5th 2023. Does it make sense to invest in it? The S&P BSE Housing index chooses stocks from the  S&P BSE 250 LargeMidCap Index classified in housing-related industries. Constituents are weighted by float-adjusted market capitalization,…

This edition of the fund performance report looks at Tata Large & Mid Cap Fund. Although launched in March 1993 as Tata Equity Opportunities Fund, the fund currently only has an AUM of Rs. 3641 Crores. After the SEBI MF categorization rules kicked in, Tata AMC merged Tata Equity Opportunities Fund with Tata Dividend Yield…

Edelweiss CRISIL IBX 50:50 Gilt Plus SDL Short Duration Index Fund is an open-ended debt Index Fund investing in the constituents of CRISIL IBX 50:50 Gilt Plus SDL Short Duration Index. The fund is classified as having “relatively high-interest rate risk and relatively low credit risk”. Let us consider the salient features of the fund….

HDFC Long Duration Debt Fund is an open-ended debt scheme investing in instruments such that the Macaulay Duration of the portfolio is greater than seven years. In other words, it is a fund that invests in fairly long-term bonds. Therefore only investors who can stay invested long-term should consider the fund. One reader asked if…