Here are lessons from the best and worst performing mutual funds of 2018. None of the funds mentioned are to be considered for investment. Observing annual returns can make us understand risk better and sometimes introduce us to a new investment strategy adopted by mutual funds. In this 2018 return means return between Jan 1st…
Continue reading →This is a performance review of HDFC Balanced Advantage Fund, previously HDFC Prudence Fund. Does it still make sense to consider this fund or continue investing in it? Let us find out by comparing it with Nifty 50 and HDFC Hybrid Equity (Balanced) fund. This fund has had a colorful history The fund was launched in…
Continue reading →Here are three simple steps to review the mutual funds we hold. When we select a fund, we look at past performance: last three years, five years etc. However, the moment we buy units of a particular mutual fund, all that matter is its performance from that point in time. For example, suppose we start a…
Continue reading →Jan 1st 2019 marks the sixth anniversary of introducing direct plan mutual funds (where no commissions are removed daily from invested value before publication of NAV). This is the returns and corpus lost to commissions by not switching from regular plans (where commissions are removed) to direct. Please show this to your friends who still…
Continue reading →ICICI Prudential Focused Bluechip was launched in May 2008 right in the middle of the 2008 meltdown Armed with a lean AUM and 20-twenty stock mandate, the management could navigate the crisis well and soon became the darling of both the sales and investment community. Here is why the going will be tough for this (and other…
Continue reading →Here is a strange but true fact about how mutual funds beat the index! It is also the reason why I keep stressing on downside protection. Mutual funds that beat the index consistently find it easier to beat the index when it falls than when it rises! Here are numbers from the Dec 2018 freefincal Equity mutual fund…
Continue reading →Abhishek Kumar joins the freefincal list of fee-only financial planners and to mark the occasion, here is an account of his chequered journey. Abhishek is also part of fee-only India an association of fee-only financial planners and we met last month at Bangalore. You can contact Abhishek via his website Sahajmoney. Now over to him. While…
Continue reading →This is a performance review of Kotak Standard Multicap Fund, previously known as Kotak Select Focus Fund. As on date, this fund has consistently outperformed its benchmark in terms of risk and reward. However, the fund has swelled in AUM rapidly and this now has the highest AUM among diversified equity funds (excluding SBI Nifty 50…
Continue reading →Here is how you can create your own low volatility, momentum stock list with this download from the NSE published each month. Each month I hope to publish such a list (see: Nine momentum stocks with low volatility for 2019), but here is how you DIY this. What is the meaning of momentum stock? Momentum investing essentially…
Continue reading →I have been posting one video a day for the last 40 days and YouTube has taught me about what mutual fund investors want during this time that Facebook (Asan Ideas for Wealth) did in years. Mutual funds investors do not want to listen to the truth about the risk associated with their investment in equity…
Continue reading →In this guest post, fee-only SEBI registered investment advisor, Swapnil Kendhe discusses his ongoing journey towards becoming a competent and effective financial advisor. One of the first lessons that my PhD supervisor taught me is, “do not get satisfied too easily in life”. Swapnil is the epitome of this saying, continually pushing himself to know…
Continue reading →Here are seven ELSS mutual funds that have beat consistently outperformed Nifty large Midcap 250 Index over the last 3, 4 and 5 years. Again, only 7 out of 31 ELSS funds have qualified. If you are looking for an ELSS mutual fund in 2019, then this can be used as a shortlist. Before we…
Continue reading →PlumbLine is my list of handpicked mutual funds. This was started in Sep 2017 for beginners to accompany the freefincal robo advisory template. This is the January 2019 edition. There are seven changes in funds and fund categories. If you are seeing this for the first time, please take a couple of minutes to understand…
Continue reading →Health insurance room rent sub-limits must be clearly understood before purchasing a health cover else it can hut real bad. In this post, I describe my experience with my mother’s ear surgery and lessons on health insurance sub-limits – the disadvantages and advantages if any. What is a health insurance room rent sub-limit? This essentially means…
Continue reading →Here are 5 large cap funds that have beat the Nifty 100 Total Returns Index. Rather, only 5 out of 36 large cap funds studied in the Dec 2018 freefincal equity fund screener have managed to beat Nifty 100 consistently over 3, 4, 5 years in terms of risk and reward. I am quite surprised more than half the…
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