The reason I speak before employees is not to teach them money management (no such lofty ideas please) but to learn common practices from them. Real people behave very differently from an Excel sheet! During the course of my talk, I say something like, “we do not know what to do our salary minus expenses,…
Continue reading →“Reader story” is a series where we feature the money management journey of freefincal readers. This week Rakesh Gurbani explains how he got his life in order and is ready to take on his financial goals with confidence. You can access the full archive of all past posts. If you are interested in sharing your story,…
Continue reading →Smallcase is a basket of stocks selected by an algorithm based on model, theme, sector or smart beta. In this review, we discuss what you need to know before investing in such an idea. Investing in a basket of stocks is a feature that many brokers have. Smallcase is perhaps the first instance in India…
Continue reading →Bond defaults and downgrades are becoming daily occurrences and these would only increase if we do not see corporate earnings driven stock market movement. The latest is Reliance Home Fin & Reliance Commercial Fin. Each time there is a change in the credit rating of a bond, the NAV of the debt funds that hold…
Continue reading →What is bravery? Instinctively doing the right thing when danger strikes unexpectedly is bravery. When there is no danger, anyone can claim that they are brave. It is only during the actual moment of peril do we know how brave we really are. Well, my point is, asking someone “how brave are you”, is the same…
Continue reading →This week, let us look at Kotak Emerging Equity Scheme a mid cap scheme launched in March 2007 with a current AUM of about 4000 Crores (7th the mid cap segment). If someone from Kotak AMC is reading this, please recognise that your website is badly broken. I cannot get to this schemes page, cannot…
Continue reading →The importance of the banking sector in providing stability and growth to an economy is something that even a non-expert can intuitively understand. Among their many roles, the one most relevant for an investor is funding both trade, enterprise, businesses and consumerism. We recently discussed MNC Funds as an alternative to large cap fund. So…
Continue reading →This week on reader story, Shashank Bisen talks about his mutual fund investing journey. Reader story is a series where freefincal readers talk about how they have managed money over the years and how their approach and attitude has changed. You can access the full archive of all past posts. If you are interested in…
Continue reading →This is an update of the rolling return and rolling risk calculator. Download this to check how consistently a fund has beat its benchmark in terms of return and risk. New AMCs, New fund names (open-ended) have been added to this sheet. You can download the sheet from the link below. This tool is now…
Continue reading →Mirae Asset Focused Fund will invest in 30 stocks across all market caps. The NFO opened on April 23 and will remain open until 7th May and then re-open for continuous purchase on 15th May. We discuss if this will make a difference in the already crowded focused/multicap space. Many feel that this fund launch…
Continue reading →In this article, let us find out about the pros and cons of a virtual credit card or a virtual debit card and if they can replace real credit/debit cards. Digital Payments in the country have been on the rise since the last 2 to 3 years. New modes of payments have been rapidly adopted…
Continue reading →This week, let us have a look at Aditya Birla Sun Life Equity Fund (ABSL Equity), find out how consistently it has fared in terms of risk and reward against its benchmark and peers. This is a multicap fund with not much change due to the SEBI categorization rules. It explicitly stated its objective as…
Continue reading →As we head to the third phase (out of 7) of Lok Sabha Elections 2019, it should be reasonably clear that it would be a lot tighter race than in 2014. No “single coalition”(!) could get an absolute majority of their own and smaller parties can decide who comes to power. If you are worried…
Continue reading →You can now watch the talk I give to corporates – A common sense approach to managing money. The audience is a typical mix of 20+ to 50+ in age. This particular presentation was given to World Bank employees in Feb 2019. If you wish to start organising your money, this seminar may be of…
Continue reading →The one big difference between a mutual fund and other conventional investment products is their so-called market-linked nature. We take this for granted when it comes to equity mutual funds but must be reminded with respect to debt mutual funds. With the ongoing FMP crisis, it appears as if the AMCs need to be reminded…
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