Axis Long Term Equity Fund was the darling of first-time mutual fund tax savers a couple of years ago. Has its performance slipped? Is this because of its large AUM? Can existing investors continue? Can new investors consider this for tax saving under section 80C? Let us find out by checking how consistent the fund…
Continue reading →NSE has launched a new strategy index (aka factor-based index, aka smart beta index), the NIFTY100 Alpha 30 Index from June 28 2019. The NIFTY100 Alpha 30 index consists of 30 companies from Nifty 100 with the highest Jensen’s alpha using one-year trailing price. In this review, we study how good a “factor” (explained below)…
Continue reading →As readers may be aware, for the last six years I have been maintaining a list of SEBI registered fee-only financial advisors. It is a matter of great pride that hundreds of freefincal readers work with these fee-only advisors (FOAs). Recently I had requested such clients to complete a feedback form. Here are the results….
Continue reading →Ever heard someone say “investing in the stock market is like gambling”? Well, at least in part, it is more accurate than we care to admit. The mental aspects involved for succeeding in poker (gambling), stocks and life (the biggest gamble of all) are one and the same argues Srivatsan in this article. Srivatsan, as…
Continue reading →Motilal Oswal Nifty Bank Index Fund will be India’s first bank index fund*. The scheme will track the Nifty Bank index. This has 12 of the most liquid and large Indian Banking stocks weighted as per free-float market capitalization. Should an investor consider this bank index fund? If so, when and how? Can this be…
Continue reading →When I tell people that I managed to invest close to three times of what I spend each month for the last ten years and this is key to becoming financial independence, there is a similar-sounding comment or question: If I invest so much, when will I spend money on the things that I love? When…
Continue reading →When you start an exercise regimen, the day after you would fee soreness and pain in new areas! I guess muscles that were never flexed before behave like that when flexed for the first time. Most investors who have started investing in equity mutual funds since 2014, 2016 would never have seen a prolonged period…
Continue reading →The Mutual Fund space in India is reasonably large and growing. There are almost 50 Asset Management Companies (AMCs) offering more than 1,000 – and counting – schemes. The choice can be overwhelming at times. There are literally thousands of places that list the ‘best funds’ to invest in. This short post approaches the issue…
Continue reading →Avinash Luthria, SEBI Registered fee-only investment advisor explains why one should not retire early in India (or US or elsewhere) based on the so-called 4% retirement rule (explained below). I respect Avinash’s approach to investing especially his realistic views on risk and reward. Avinash Luthria is Founder, Fee-Only Financial Planner & SEBI Registered Investment Adviser…
Continue reading →Here are eight mutual fund products that I wish existed as they would make a big difference to investor choices and well-being (in my opinion of course). Please free to add your own product in the comments below. If AMCs paid more attention to what their investors want, they would not only collect higher AUM…
Continue reading →The third of the four new index funds from Motilal Oswal is one that will replicate and track the Nifty Smallcap 250 Index. Motilal Oswal Nifty Smallcap 250 Index Fund will be India’s 1st small cap fund. The Nifty Small Cap 250 index is the bottom half of the NIfty 500. Let us find out…
Continue reading →Motilal Oswal Nifty Midcap 150 Index Fund opens for investment from Aug 19th. It is India’s second midcap Index fund. Principal AMC ran an index that tracked the Nifty Midcap 100 Index from May 2014 to June 2017*. In this article let us compare the performance of Nifty Midcap 150 with active mid cap funds…
Continue reading →Here is why you should avoid Motilal Oswal Nifty 500 Fund and stick to established Nifty 50 index funds. It is a pity that people assume that by buying 500 stocks they are actually buying the whole market and will something extra compared to large cap index fund tracking the Nifty 50 or the Sensex….
Continue reading →We are living in a time where half a data point is enough to announce trends, patterns prophecies. Every week one guy says the markets are going to tank and another says it will do well. The latest such development is the so-called inversion of the US bond yield curve and its association with the…
Continue reading →A ten-year SIP can teach us many things about risk and reward. I have one running in Sundaram Midcap Fund for a relative. This was just an Rs. 500 SIP in a quiet, reasonably consistent fund. I tried this all-or-nothing idea by putting everything for that goal in a mid cap fund because I figured…
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