A very happy Diwali/Deepavali to all readers. In this article, I share some lessons from interacting with my friend and mentor. Getting this published took quite a bit of persuasion, and he asked that any specific references to his past be removed so that his friends/family could not identify him. Let us refer to him…
Continue reading →We continue answering frequently asked investor questions on portfolio rebalancing to help with practical implementation. The first part (question 1 to 13) is available here: Portfolio Rebalancing: We answer frequent questions investors worry about (part 1). Par 3 is linked below. Q14: Rebalancing if it involves multiple assets will it be model-based (quantitative)? For instance, the…
Continue reading →In this article, we answer frequently asked question on portfolio rebalancing. Theoretically, it is easy to understand rebalancing but when it comes to practical implementation, investors have so many questions and mental blocks. The idea behind rebalancing is fairly simple and one that we have dealt before with examples multiple times: it is a process…
Continue reading →Taking a student loan is a difficult decision. At the same time, the most common question that students ask us if they should take the leap or not. Several aspects should be considered. Here is a summary of FAQs (please note, this applies to Indian students taking loans for domestic education) that should help you…
Continue reading →Did you know that ten-year SIP returns for the Nifty 50 TRI index were at an all-time low of 3.85% in April 2020? In Nov 2020, this ten-year return has increased by 7.34% to 11.2%. In this article, we look at the long-term trends of ten and fifteen years returns of the Nifty 50 and…
Continue reading →Stocks with momentum and low volatility for November 2020 are listed in this stock screener for 100 stocks from the Nifty 100. This month as many as 32 stocks quality after filtering Nifty 100 with (1) positive 1-year return, (2) positive six-month return, (3) price > 200-day moving average, (4) 50% of daily positive returns,…
Continue reading →A look at how young earners, middle-aged earners or impending retirees can improve their financial life and make better decisions with a study group consisting of like-minded co-workers or friends. When you join an organisation, you become friends with some batch mates. These relationships can last a lifetime. I have seen 30,40-year friendships that originated…
Continue reading →We shall look at the tracking error of Nifty Next 50 index funds from our tracking error report sheet to find out funds that have lowest tracking error. You can download this sheet to appreciate deviations from the benchmark in an intuitive way. In our previous study on how a market crash affects index funds,…
Continue reading →The National Payments Corporation of India (NPCI) has now permitted WhatsApp to launch its payments service in India in a graded manner. In this article, we look at the features of WhatsApp Payments facility. About the author: Anjesh Bharatiya is a 30+ taxman by profession and a Chemical Engineer by education. He has been an…
Continue reading →Here is an example of passive income automation. It seems obvious when you think about it, but not enough people pay attention to the fact that if income has to be really passive, then a major part of it has to be automated. We have been discussing the importance of passive income in a series…
Continue reading →Nifty 50 stocks with index weightage and market capitalization are tabulated for November 2020. These 50 out of the 1600 companies traded on the NSErepresenting 65% its float-adjusted market capitalization. The index started trading in April 1996. Nifty 50 Stock weights (%) November 2020 Security Name Industry Free Float Market Capitalisation (Rs. Crores) Weightage (%)…
Continue reading →On Nov 6th Nifty closed at 12263 within striking distance of its Jan 14th 2020 close of 12362, something that no would have believed a few months ago when on March 23rd we saw the biggest intraday fall and the 10-year Nifty SIP Return fell to 2.3% and14-year SIP Return to 5%. In spite of…
Continue reading →Series VIII of Sovereign Gold Bonds 2020-21 will be available from November 09-13, 2020 with Settlement date November 18, 2020. During this period, the price will be Rs. 5177 per gram for offline subscriptions. Online purchases will cost Rs. 50 less. This is marginally higher than the seventh tranche which opened at Rs. 5041 and…
Continue reading →SEBI has today announced a new equity scheme category: “Flexi cap fund”. This comes after Septembers announcement of multicap asset allocation rules (25% each of large, mid and small cap stocks) was met with fear by investors and put many large fund houses in a fix, especially those with a large AUM: How SEBI’ss Multicap MF asset…
Continue reading →The freefincal Equity Mutual Fund Performance Screener (November 2020) is now available. Use it to screen for consistently performing equity mutual funds. You can screen based on fund category & benchmark and spot mutual funds that have got a higher return than a benchmark at a lower risk. Inside, you get ~ 40% discounted links…
Continue reading →