Freefincal Q & A: Which is better to eat – butter or cheese ?

Published: June 17, 2017 at 10:06 am

Last Updated on

Each week I try and answer generic questions on personal finance (this week has a creamy title-worthy question on nutrition). You can use the form below to ask questions.

Aniket Bhadane: 
When people say don’t expect returns of more 12% from Mutual funds, which returns are they talking about? CAGR, XIRR, rolling returns, absolute returns?

Pattu: They are referring to annualised returns. Which is equal to CAGR for a single investment and XIRR for multiple investments.

Rolling returns can refer to both XIRR – Mutual Fund SIP Rolling Returns Calculator

or CAGR – A tool to analyse the performance consistency of mutual funds

Absolute return refers to just gain or loss without any time in the calculation and is of no use.

To know more about these returns see:
CAGR vs. IRR: Understanding investment growth measures

Mahavir Gusain: Sir, your mutual fund screeners have been of great help in shortlisting equity and balanced funds. Reading your blogs has put me on the path to DIY investors. Is it possible to use the screeners to identify funds that may have performed above a certain expected return, say 10% maximum number of times over various time frames? Also, it would be of immense help to oldies like me if it was possible for you to devise similar screeners for debt funds? Thanks and blessings. Mahavir Gusain

Pattu: You can screen the data any which you want. The only caveat being that those screeners are for choosing a fund and not reviewing your existing holding. This is because the dates over which the returns are calculated in both cases are different.

Screening debt funds like equity funds is a dangerous exercise and lead to investments in funds like Taurus Liquid. Higher the return in a debt fund, higher the risk of default and/or high-interest rate sensitivity.

Read more: Free E-book: A Beginner’s Guide To Investing in Debt Mutual Funds

Prabhat Bhandari:  In response to Want To Lose Weight? Eat More Fat! hi, 1. is it better to have raw oil with salads rather than have burnt/heated oil as we have in our vegetables? 2. from healthy eating point of view, which is better to eat – butter or cheese ? 3. lastly, is it all right to have feta cheese in reasonable quantity regularly??

1: raw oil with salads will work well. Olive oil or coconut oil will work.

2:  Butter or Cheese?  I prefer cheese as they are a better source of proteins, calcium and has other minerals too. In particular, I find Cheddar cheese to have the higher protein content and lowest carbs. Nothing wrong with butter too.

The idea is to eat more direct fat and cut indirect fat like carbs and sugar. Butter and cheese have different uses and should be used appropriately.

cheese vs Butter nutrition
Source: Google screenshot of information sourced from USDA. Butter and Cheddar Cheese  

3: Eat Fetta cheese regularly?  Why not! As long as it agrees with you. Would suggest giving short breaks (a week maybe) in between.

Ps: I am obviously not a nutrition expert, but I enjoy such questions.

Sundararajan Srinivasan: In response to “What you need to know before choosing “Best/Top Mutual Funds”: The past is not a guarantee for the future… and this exercise potentially shows it with data. Having said that, I would think – it would be good to have ordered into a percentile (maybe into deciles) both for the prior period and the current period. That will help get a better picture of how much these funds have violently moved from their past. If it hugs close to the 45-degree line – then that would be the ideal world…

Pattu: I appreciate your point and agree with you, but statistical rigour does not sell! I have used a broad band like top -25 to show that at least 50% of them do not remain in the group.  This is equivalent to about 3 deciles in most cases. So that is reasonable evidence imo 🙂

DC: Hi Pattu, I liked your post “What you need to know before choosing “Best/Top Mutual Funds“. One question I have is – is there any research that can tell us how sound the investing strategy of the mutual fund and their manager is, something that can foolproof us from the performance dips you stated in the article? For example I was reading some articles about the fund manager for the fund before I invested in it. Thanks, DC

Pattu:  Short answer: no. Whether I look at the NAV, calculate returns or other risk parameters or look inside the portfolio and gauge the stock choices, it is past performance.  So we cannot think of a fool proof way to protect us from performance dips … unless you choose an index fund portfolio.


Join our 1500+ Facebook Group on Portfolio Management! Losing sleep over the market crash? Don't! You can now reduce fear, doubt and uncertainty while investing for your financial goals! Sign up for our lectures on goal-based portfolio management and join our exclusive Facebook Community. The 1st lecture is free! Did you miss out on the lockdown discount? You can still avail it! Follow instructions in the above link!

Pattu: You don’t need to!

Anonymous: Hi Pattu, Is it a good idea to invest in Company FD/Bonds as part of Debt allocation? Also how to select Company FD/Bonds?

Pattu: Choosing a company FD is similar to choosing a stock. Equity is direct ownership and this is indirect ownership. So we should go beyond credit ratings and look at the financial health of the comany. How much profit is it generating? Is it paying tax? Is it having too much debt? Is it selling its own stock? etc before deciding to fund a company’s operations and profit from it.


Ask Questions with this form

And I will respond to them in the coming weekend. I welcome tough questions. Please do not ask for investment advice. Before asking, please search the site if the issue has already been discussed. Thank you.  PLEASE DO NOT POST COMMENTS WITH THIS FORM it is for questions only.

[contact-form][contact-field label=’Name’ type=’name’ required=’1’/][contact-field label=’Email’ type=’email’ required=’1’/][contact-field label=’Comment’ type=’textarea’ required=’1’/][/contact-form]

Thank you for the wonderful reviews of GameChanger!

My second book, Gamechanger: Forget Start-ups, Join Corporate and Still Live the Rich Life you wantco-authored with Pranav Surya is now available at Amazon as paperback (₹ 199) and Kindle (free in unlimited or ₹ 99 – you could read with their free app on PC/tablet/mobile, no kindle necessary).

You can Be Rich Too with Goal-Based Investing 

is my first book with PV Subramanyam. It helps you ask the risk questions about money, seek simple solutions and find your own personalised answers with nine online calculator modules.

The book is available at:

Amazon Hardcover Rs. 279. 30% OFF

Infibeam Now just Rs. 270  32% OFF. If you use a mobikwik wallet, and purchase via infibeam, you can get up to 100% cashback!!

Flipkart Rs. 279. 30% off

Kindle at (Rs. 90.74 74% OFF) Read with free app

Google PlayRs. 90.74 Read on your PC/Tablet/Mobile

Now in Hindi!

Pre-order the Hindi version via this link


Do share if you found this useful
Join our 1500+ Facebook Group on Portfolio Management! Losing sleep over the market crash? Don't! You can now reduce fear, doubt and uncertainty while investing for your financial goals! Sign up for our lectures on goal-based portfolio management and join our exclusive Facebook Community. The 1st lecture is free! Did you miss out on the lockdown discount? You can still avail it! Follow instructions in the above link!

Want to check if the market is overvalued or undervalued? Use our market valuation tool (will work with any index!)

About the Author

Pattabiraman editor freefincalM. Pattabiraman(PhD) is the founder, managing editor and primary author of freefincal. He is an associate professor at the Indian Institute of Technology, Madras. since Aug 2006. Connect with him via Twitter or Linkedin Pattabiraman has co-authored two print-books, You can be rich too with goal-based investing (CNBC TV18) and Gamechanger and seven other free e-books on various topics of money management. He is a patron and co-founder of “Fee-only India” an organisation to promote unbiased, commission-free investment advice.
He conducts free money management sessions for corporates and associations on the basis of money management. Previous engagements include World Bank, RBI, BHEL, Asian Paints, Cognizant, Madras Atomic Power Station, Honeywell, Tamil Nadu Investors Association. For speaking engagements write to pattu [at] freefincal [dot] com

About freefincal & its content policy

Freefincal is a News Media Organization dedicated to providing original analysis, reports, reviews and insights on developments in mutual funds, stocks, investing, retirement and personal finance. We do so without conflict of interest and bias. We operate in a non-profit manner. All revenue is used only for expenses and for the future growth of the site. Follow us on Google News
Freefincal serves more than one million readers a year (2.5 million page views) with articles based only on factual information and detailed analysis by its authors. All statements made will be verified from credible and knowledgeable sources before publication. Freefincal does not publish any kind of paid articles, promotions or PR, satire or opinions without data. All opinions presented will only be inferences backed by verifiable, reproducible evidence/data. Contact information: letters {at} freefincal {dot} com (sponsored posts or paid collaborations will not be entertained)

Connect with us on social media

Our Publications

You Can Be Rich Too with Goal-Based Investing

You can be rich too with goal based investingThis book is meant to help you ask the right questions, seek the right answers and since it comes with nine online calculators, you can also create custom solutions for your lifestyle! Get it now. It is also available in Kindle format.

Gamechanger: Forget Startups, Join Corporate & Still Live the Rich Life You Want

Gamechanger: Forget Start-ups, Join Corporate and Still Live the Rich Life you wantThis book is meant for young earners to get their basics right from day one! It will also help you travel to exotic places at low cost! Get it or gift it to a young earner

Your Ultimate Guide to Travel


This is a deep dive analysis into vacation planning, finding cheap flights, budget accommodation, what to do when traveling, how traveling slowly is better financially and psychologically with links to the web pages and hand-holding at every step. Get the pdf for Rs 199 (instant download)  

Free Apps for your Android Phone

Comment Policy

Your thoughts are the driving force behind our work. We welcome criticism and differing opinions.Please do not include hyperlinks or email ids in the comment body. Such comments will be moderated and I reserve the right to delete the entire comment or remove the links before approving them.

1 Comment

  1. I think the answer to the question “HOW CHOOSE BEST PERFORMERS FUND” is wrong. It should be: YOU DONT NEED

Comments are closed.