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…
Continue reading →Most investors, thanks to wonderful propaganda by the AMCs, believe mutual funds would give them fantastic returns and invest with wrong expectations. They also are made to think “staying investing” will get rid of risk, although it never will*. Here is an example of an ICICI mutual fund ad that helps drive in the wrong…
Continue reading →Here are four thematic mutual funds that have consistently outperformed the Nifty 100 Index and Nifty Large Midcap 250 index (dividends included) over every possible 1,2,3,4,5 year periods since inception. The SEBI categorization rules have clubbed fund that invests in a particular sector or particular theme in the same category “sectoral/thematic”. For the purpose of…
Continue reading →ICICI AMC is busy pushing its ICICI Prudential Asset Allocator Fund down the throats of any investor gullible enough to take their “advisor” seriously. Why? Probably because the AMC sees this as an opportunity to secure AUM from investors scared of “current market scenario” by pushing a product that “invest in the right asset at…
Continue reading →This week, we take a look at ICICI Prudential Large & Mid Cap Fund and ask if this can be used a single-portfolio fund. How well did it do in the past and if its makeover due to the SEBI categorization rules will be effective in future? New readers can explore the full archive of…
Continue reading →It is well known that Mid cap and small cap funds are volatile. They can provide stellar returns or losses in quick time. Does it make sense for investors to book profits from mid cap and small cap mutual funds tactically? Let us find out. As an analyst, the main aim of tactical asset allocation…
Continue reading →The mutual fund industry has a simple sales mantra. Tell investors not to worry about market volatility because everything will turn out okay in the end! Even the NSE said market volatility is temporary! Thanks to a largely ignorant media, investors are fed on a constant diet of “don’t stop your SIPs if you want…
Continue reading →The other day, I was in a get-together, and the topic of personal finance came up. One of them asked where to start. There was an inevitable chorus of “security analysis”, “intelligent investor” and the likes. There was also the litany of blogs that mindlessly parrot Buffettisms and Mungerisms with “investor” in their titles with…
Continue reading →DSP Small Cap Fund (previously known as DSP Micro Cap Fund) was the darling of mutual funds after the Indian market “recovered” in later 2014. I last reviewed the fund in Aug 2017. Time for a re-look again as investors are worried about its recent performance. The fact that is among the six consistent Small…
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