In October 2017, SEBI announced its Categorization and Rationalization of Mutual Fund Schemes. This was done to bring some uniformity in funds belonging to the same category by restricting their asset allocation. SEBI’s motive was to help investors differentiate among fund categories and make better decisions. A year after all fund houses complied with the…
Continue reading →Here are six ELSS mutual funds that have consistently beat Nifty Largemidcap 250 Index (incl dividends). These were shortlisted with the Equity Mutual Fund Performance Screener July 2019. You can use the screener to quickly create such lists from Value-oriented, Aggressive Hybrid, Dividend Yield, Large Cap, Focussed Funds, Large & Mid Cap Funds, Multi Cap Funds,…
Continue reading →The Nifty 50 Value 20 index (NV20) comprises of 20 large cap value stocks from the Nifty 50. There are currently three ETFs that track this index. So the natural question to ask is, is Nifty 50 Value 20 Index better than the Nifty 50? Let us find out! The three ETFs tracking NV20 are Kotak…
Continue reading →The idea behind Quantum Equity Fund of Funds is fantastic. This is a mutual fund that invests in diversified equity mutual funds (other than Quantum), so instead of worrying about which fund to buy and sell, you can just buy this one fund of fund and let the fund manager do the job for you….
Continue reading →This is a private taping of a talk on “momentum stock investing and low volatility stock investing in India” given to the members of the Tamil Nadu Investors Association on July 7th 2019. First, the slides are presented below with relevant links in between as necessary (do not skip past!). The video can be found…
Continue reading →Here are five videos to guide a newbie step by step on how to plan their retirement. Please share these with your colleague/friend who has not yet taken their retirement seriously They can understand the importance of retirement planning, how to compute amount necessary for investment, how much to invest and where to invest for…
Continue reading →Are Banking & PSU Debt Funds a safe alternative for investors who wish to get higher returns than liquid funds and overnight funds? With so many credit defaults events in the debt mutual fund space, this a natural question to ask. Let us find out. The first step is to ask, “what is a safe…
Continue reading →Shri Anurag Thakur, Minister of State for Finance & Corporate Affairs has listed out several irregularities in mutual funds in response to a question in the Lok Sabha. SEBI has informed the ministry of the following types of irregularities or non-compliance’s: Failure to identify and appropriate all the expenses in the individual schemes as per…
Continue reading →Here is how you can calculate returns from an insurance policy. The next time an insurance agent shows you a policy benefit illustration or the next time your friend or relative asks you, “Is this a good policy to invest in?”, use this method to show the annualized return they can expect (before bonuses which…
Continue reading →Mirae Asset Midcap Fund is the latest NFO from Mirae Mutual Fund. The fund house has been busy shuffling its funds. First, it made Mirae India Equity fund into Mirae large Cap Fund in March (effective 1st May 2019). Then it announced a multicap NFO Mirae Asset Focused Fund in April 2019 and now a…
Continue reading →So much for financial goal planning, the right asset allocation, risk management, market timing and dreams of early retirement. Everything, everything will be lost if the event described below were to occur. Not just all our money, but our very existence! I can assure you that this is a real possibility, this is a well…
Continue reading →A fund of fund (FoF) is a mutual fund that invests in other mutual funds (do not ask why!!). Update For units acquired on or after 01-04-2023 Type of Fund Taxation (irrespective of holding period) Equity oriented FoF (invests 90% in Equity ETFs which themselves hold 90% Indian equity) 15% flat Other FoF As per…
Continue reading →This is a performance review of DSP Midcap Fund. This was started as a Small and Midcap when Blackrock was still part of DSP in Nov 2006 and was changed to a Midcap fund in March 2018. This has an impressive Aum of 6000+ Crores. We find out how it has performed with respect to…
Continue reading →The finance ministry wants pre-filled income tax returns from AY 2020-201 onwards as announced in the budget yesterday. At first sight, this is appealing and convenient, but will it result in a host of new problems? The finance minister in her budget speech said, “Pre-filled tax returns will be made available to taxpayers which will…
Continue reading →The finance minister in her budget speech said: “ETFs have proved to be an important investment opportunity for retail investors and has turned out to be a good instrument for Government of India’s divestment programme. To expand this further, The government will offer an investment option in ETFs on the lines of the Equity Linked…
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