Why we badly need a Midcap & Smallcap Index Fund – Performance Comparison with Nifty Midcap 100 & Nifty Next 50

When I was trying to compile a list of mutual fund benchmarks after the SEBI recategorization, something strange caught my eye. Value Research had included the new benchmarks in the NAV growth charts. The Nifty 100 Midcap (N100M) is a popular midcap benchmark and I noticed many funds struggled to beat it over the long … Continue reading Why we badly need a Midcap & Smallcap Index Fund – Performance Comparison with Nifty Midcap 100 & Nifty Next 50

Watch my talk on index investing: Can we get higher returns with lower risk?

Last week I gave a talk on index investing and market timing at the monthly meeting of the Tamil Nadu Investors Association. This is a private recording of the index investing part. We have already started the discussion on the marketing timing part with:┬áDo we need to time the market?┬áMore on this will follow next … Continue reading Watch my talk on index investing: Can we get higher returns with lower risk?

Warning! Nifty Next 50 is NOT a large cap index!

Regular readers may be aware that I have repeatedly pointed out how hard it is for mutual funds to beat the NIfty Next 50 (NN50) index in terms of absolute return* and that no active mutual fund uses it as a benchmark! In this post, I classify NSE indices in terms of risk and point … Continue reading Warning! Nifty Next 50 is NOT a large cap index!