How I simplified my financial life in five steps
In this edition of “reader story”, K. V. Krishnan lists five simple actions by which he simplified his financial life to focus on building wealth.
Continue reading →What I learnt from a 11-year SIP in a midcap fund
A “long-term” SIP can teach us many things about risk and reward. These are the lessons learned from an Rs. 500 a month SIP running since Aug 2009 in Sundaram Midcap Fund for a relative. Some tend to dismiss our earlier analysis on “SIP risk” as “theoretical”. So here are inferences with “real money”!
Continue reading →Should I switch my SIP in Nifty Next 50 to Nifty 50?
“My SIP in Nifty Next 50 over the two and a half years has underperformed a Nifty SIP. Should I switch my SIP from Nifty Next 50 to Nifty 50?” We discuss this question posed by Nirmal.
Continue reading →Stocks with momentum and low volatility for August 2020
Stocks with momentum and low volatility for August 2020 are listed in this stock screener for 100 stocks from the Nifty 100. This month 19 stocks quality (two new entrants) 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 →Nifty Next 50 Companies List February 2021
List of Nifty Next 50 companies (stocks) with index weightage and market capitalization are tabulated for Feb 2021. These are 50 companies from NIFTY 100 after excluding the NIFTY 50 companies representing about 10-11% of the free-float market capitalization of the stocks listed on NSE. To be included in the Nifty Next 50, a stock…
Continue reading →These 62 indices gave more than 10% 15-year SIP returns
Here are 62 indices from NSE, BSE and CRISIL with more than 10% returns from a 15-year SIP from 1st Aug 2005 to 7th Aug 2020.
Continue reading →PPF vs Gilt mutual funds: Which has done better over 15 years?
While the Public provident fund offers risk-free, gradually varying returns, a govt bond provides risk-free, constant income. If we buy it via a gilt mutual fund then its daily value depends on market supply and demand. The risk, although lower than equity or gold is still significantly high. There are some advantages of using gilt…
Continue reading →Nifty SIP provides 2% real return over 15 years but underperforms Japanese equity by 50%
A SIP in the NIfty 50 started 15 years ago would have resulted in a real return of about 2%. A real return is an excess return over inflation and a measure of how purchasing power has been preserved over time. Rather surprisingly a SIP in the Nikkei 225 (flagship Japanese equity index) would have…
Continue reading →15-year SIP returns for 71 out of 148 equity MFs is less than 10%
In this 15-year equity mutual fund SIP report, we tabulate returns for 148 equity-oriented mutual funds to find only 71 managed a return greater than 10%, and out of these 71, 17 are sectoral/thematic funds.
Continue reading →This useful feature of PPF deserves more attention!
When it comes to the public provident fund (PPF), investors tend to focus on its risk-free, tax-free and tax-saving benefits. In fact, even those who cannot afford to do so, scour around to find Rs. 1.5 lakh for PPF investment within the first five days of the financial year (which incidentally could be a mistake!)….
Continue reading →Nifty 50 stocks with weights for August 2020
Nifty 50 stocks with index weightage and market capitalization are tabulated for August 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. To be included in the Nifty, a stock must have an impact cost of less than 0.5% during…
Continue reading →Equity Mutual Fund Performance Screener August 2020
The freefincal Equity Mutual Fund Performance Screener (August 2020) is now available. Inside, you also get an Rs. 1000 off, discounted link to the lectures on goal-based portfolio management. Screen for consistently performing equity mutual funds in August 2020. You can screen on the basis of fund category & benchmark and spot mutual funds that…
Continue reading →There is more to investing than just getting high returns!
Investors tend to obsess on returns – either they want a high return and do not mind taking extra risks or they want an assured return with the safety of principal. Either way, there is more to investing than just returns. Even if we argue real returns (more than inflation) matter for long term goals,…
Continue reading →ICICI Prudential Alpha Low Vol 30 ETF Review: What you need to know
ICICI Prudential Alpha Low Vol 30 ETF currently in its NFO period (Aug 3 to Aug 10) will be the first: “multi-factor” ETF in India. When investors hear the word “alpha” it starts all kinds of bells and whistles inside them. This is because of an incorrect understanding of what alpha actually is. Here is…
Continue reading →Kid’s Education and You (KEY) now serves 260 children thanks to you!
Kid’s Education and You (KEY) is an initiative by SEBI registered investment advisor, Melvin Joseph to help children from low-income families with a monthly payment of Rs. 2000 from donors. The initiative now helps 260 children thanks to your support. A report and how you can be part of KEY to help out. On Aug…
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