Free Direct Mutual Fund Portals: Is this a healthy development?

Change in any sphere of life is inevitable. In the last decade or so, change has been so rapid in the Indian financial industry space - especially that concerning mutual funds and investment advise - that it is scary to watch even from the sidelines. A couple of years ago, PV Subra(money.com) asked a gathering … Continue reading Free Direct Mutual Fund Portals: Is this a healthy development?

Will large cap mutual funds struggle to beat Nifty 100 Equal Weight Index?

Using the August 2018 Equity Mutual Fund Performance Screener published yesterday, we find out how large-cap and value-oriented mutual funds have fared against the Nifty 100 Equal Weight Index. This index has equal exposure to the top 100 stocks by free-float market capitalization. Sundaram and Principal AMC have index funds based on this. So like the Nifty … Continue reading Will large cap mutual funds struggle to beat Nifty 100 Equal Weight Index?

A list of equity mutual funds with low risk and good returns

Here is a list of equity mutual funds with low risk and good returns. There are 53 such funds across ten fund categories. How and why I compiled this list: Parag Parikh Long-Term Equity Fund (PPLTE) turned five last May (I am an NFO investor). So I wanted to review this funds performance for a post … Continue reading A list of equity mutual funds with low risk and good returns

Judging fund managers by whether they invest their own money or not is wrong!

Skin in the game refers to a situation where the major decision makers (in any field) have a personal stake in the decisions that they make. In finance, one example is a fund manager and/or fund management (the fund house) investing their own money in the funds that they manage. I argue that demanding such a … Continue reading Judging fund managers by whether they invest their own money or not is wrong!

Dangers of relying on mutual fund star ratings and past performance

Readers may be well aware that I am no fan of mutual fund star ratings. Star ratings and past performance if not understood with the right perspective can result in mistakes. In this post, let me give you an example - of my laziness that lead to a mistake in the July 2018 Equity Mutual Fund … Continue reading Dangers of relying on mutual fund star ratings and past performance