On 1st July 2024, SEBI released a consultation paper for “Introduction of Mutual Funds Lite Regulations (MF LITE) for passively managed Mutual Funds Schemes.” aimed to “reduce the compliance requirement, foster innovation, encourage competition and promote ease of entry for the MFs interested in launching only passive schemes”. About the author: S. R. Srinivasan (SRS) is a…
Continue reading →This is a National Pension Scheme Fund Screener to shortlist consistently performing NPS schemes. You can also spot NPS schemes with a higher return than a benchmark at a lower risk. This is similar in design to the freefincal Equity Mutual Fund Performance Screener. Inside, you get discounted links to our robo advisory tool and…
Continue reading →On 1st July 2024, SEBI released a consultation paper for “Introduction of Mutual Funds Lite Regulations (MF LITE) for passively managed Mutual Funds Schemes.” aimed to “reduce the compliance requirement, foster innovation, encourage competition and promote ease of entry for the MFs interested in launching only passive schemes”. In this paper, SEBI has proposed the…
Continue reading →We publish a list of stocks with low volatility and momentum each month. We provide data for BSE 500 and BSE 100 stocks. There are now three different screener files available. (1) Stocks with low volatility and momentum from the BSE 100 large cap universe are available as a separate file (2) Stocks with low…
Continue reading →A fund of fund (FoF) is a mutual fund that invests in other mutual funds. Equity oriented FoF is a fund that invests 90% or more in other ETFs which invests 90% or more in domestic equities. About the author: Manmohan Sethumadhavan is a freelancer, investor, and personal finance enthusiast “in search of the absolute truth.”…
Continue reading →I have been investing for my son’s future (college and other expenses) since Dec 2009 – a month before he was born (He is 14 now). Here are some lessons from this journey. Many years ago, I asked in the Jagoinvestor forum, “If anyone has achieved their financial goals using mutual funds, please share your…
Continue reading →SEBI released decisions made in its board meeting on June 27th 2024, which will significantly impact the income of finfluencers. The circular says: 1.1 The persons regulated by the Board and the agents of such persons shall not have any association, like, any transaction involving money or money’s worth, referral of a client, interaction of…
Continue reading →So far, Quant Mutual Fund has not made it clear whether it is being investigated for front-running. They have only said that they received inquiries from Sebi. It then released an FAQ that sheds no light on the investigation. The first faq is, “Has the SEBI enquiry concluded? : No, it is a regular ongoing…
Continue reading →These are the freefincal handpicked list of mutual funds for July-September 2024. New and old investors can use it according to their specific needs. The list is called “PlumbLine” and has been published since September 2017 for beginners to accompany the freefincal robo advisor tool. Most important! Plumbline is a mix of my opinions +…
Continue reading →Neil Borate of LiveMint reported on June 25th 2024, that “₹800 crore has been redeemed from Quant since news broke of Sebi’s search and seizure operation on suspicion of front-running”. On June 26th 2024, Moneycontrol reported Quant Mutual Fund net equity outflow at Rs 1,398 crore or 1.5% of AUM post-SEBI front-running probe. Investors are…
Continue reading →In this article, we address a popular misconception about the contribution of NPS employers. Before we begin, we would like to point out that your employer is most likely handling this contribution correctly. The misconception is only among the employees. The NPS employer’s contribution falls under 80CCD(2) and is separate from the 80C limit of…
Continue reading →This article compares my stock portfolio with an equivalent investment in a Nifty index fund and the Nifty 100 Low Volatility 30 TR index. We post this comparison each month. Before we begin, new readers need to appreciate the context of these investments. Update: We recently added a new tool to the freefincal investor circle…
Continue reading →On June 23rd 2024, Moneycontrol reported that SEBI conducted search and seizure operations at two locations of Quant Mutual Fund on suspected front-running. In response, the AMC has confirmed via email to investors that it has received inquiries from SEBI but has not added more information. At the time of writing, information on this (first,…
Continue reading →“How does it feel after reaching financial independence?” is a common question for readers. Recently, a reader asked if I had thought of any outreach activities like social service after achieving financial independence. I enjoyed the journey towards financial independence a lot more. The planning. The discipline to invest. The tracking of monthly investments and…
Continue reading →This is an update on my mutual fund investing journey, which began on 19th June 2008. In the last three decades, I have gone from being a spend-thrift to being in debt to financial independence. New community members can refer to these articles for an account. The Financial Arrow of Time and My Journey: Driven by the…
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