Here is a simple way to select mutual funds that have beat the category benchmark in terms of both return and risk over the last one, two, three, four and five years simultaneously! That is higher than the benchmark return and lower than benchmark risk.
Continue reading →A reader asks, “can I hold 25% of index mutual funds in my portfolio?”. Superficially it might seem like a wrong thing to do. However, it depends on the index and the rest of the equity portfolio.
Continue reading →The NSE has introduced a new strategy index, Nifty200 Momentum 30 index which tracks the performance of 30 stocks with high momentum score. We evaluate the performance of the index in this article.
Continue reading →These are the 30 Sensex stocks with weights. Sensex is the oldest stock index of India. It has the top 30 stocks by market capitalization trading in the BSE. Sensex 30 Companies List Company Name Holding(%) Sector Reliance Industries Ltd. 15.3358 Crude Oil HDFC Bank Ltd. 11.1176 Bank Infosys Ltd. 9.0531 IT Housing Development Finance…
Continue reading →Parag Parikh Long Term Equity Fund has issued a “change in the fundamental attribute” addendum to the scheme mandate including covered call options. In this article, we explain this strategy, why it is used and what investors should do when they receive such notifications from AMCs.
Continue reading →SEBI was forced to release a press release on 14th Sep 2020 after its Sep 11th circular change in multicap fund asset allocation caused concern about fall in large caps in the coming days. SEBIs unnecessary change has lead investors to ask if they should consider an exit from multicap mutual funds.
Continue reading →A question that often worries young earners is, “What percentage of my salary should I invest each month? Is 10% okay? Or should it be 20%?” Often this is asked when a person wants a quick rule of thumb to check if they are on the right track so they spend free from guilt. Unfortunately,…
Continue reading →We evaluate the performance consistency of HDFC Balanced Advantage Fund by comparing it with Nifty 100 TRI and CRISIL 65% Equity 35% Bonds hybrid index.
Continue reading →In a circular dated Sep 11th 2020, SEBI has modified asset allocation rules for multicap mutual funds. We discuss how this rule is unnecessary and is likely to affect investors.
Continue reading →Nifty 50 companies with index weightage are listed for November 2020. These 50 out of the 1600 companies traded on the NSE representing 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 the last…
Continue reading →Even an occasional market observer would know that the NASDAQ 100 index has zoomed past the S&P 500 after the March 2020 market crash. Has it begun to correct now? I received this question a couple of days ago. “I have been investing in Motilal Oswal NASDAQ 100 Fund of Fund via SIP since inception…
Continue reading →Mirae Asset Equity Allocator Fund of Fund is an open-ended fund of fund scheme predominantly investing in units of domestic large cap and mid cap equity ETFs (95% or more) thereby making it an “equity-oriented fund” with respect to taxation. In this review, we ask if there is anything special about this new fund offering.
Continue reading →The freefincal Equity Mutual Fund Performance Screener (September 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 September 2020. You can screen based on fund category & benchmark and spot mutual funds that have got…
Continue reading →When a young earner enters the taxable income slab for the first time, their immediate concern is to save tax. A common question that then arises is, “should I invest in PPF or ELSS mutual funds for saving tax? Which would give me better returns?” A discussion on when to consider what and how to…
Continue reading →This is a review of PGIM India Global Equity Opportunities Fund. A trailing one year return of 64% (as on Sep 3rd 2020) has been hard to ignore for many readers and I have received several requests for this review.
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