In this post, let us compare two large cap funds from the same fund house. One a consistent performer with a terrific track record and the other a young superstar. The results will hopefully show how herd instincts among investors (and perhaps amcs and therefore(?) intermediaries too?) can obscure good funds from the same fund house….
Continue reading →In the first part on why you should ignore mutual fund star ratings, I had stressed on the importance of focusing on our portfolio health and performance of the fund with its benchmarks. In this post I would like to add a couple more reasons to strengthen the argument. Let us assume that an investor named Tom has chosen…
Continue reading →‘Should I choose only five star rated mutual funds?’, ‘Should I switch funds each time my funds rating is downgraded?’. These are extremely common questions among mutual fund investors. In this post, let us discuss how star fund ratings are irrelevant to the goal-based investor. Any action, buy, sell, hold, switch etc. should be based on…
Continue reading →Track the monthly growth of your retirement corpus with this Excel sheet. This is a combination of the low-stress retirement calculator and the visual SIP tracker. On popular demand, I have now included the possibility to track the growth of real estate (or any other) investment. The user will have to first use the retirement…
Continue reading →The first time someone uses a retirement calculator, they are in for a couple of rude shocks! The corpus required for financial independence post-retirement, taking inflation into account typically would be a few crores (if not several!) Therefore the monthly investment required is typically equal to monthly expenses or even more! Becuase of this I…
Continue reading →It is raining closed-ended mutual fund NFOs. Here is why one should avoid this category of mutual funds. There are many articles that describe the features of closed-ended mutual funds. Therefore, I will not mention them here. Let us focus on the titular suggestion alone. 1) The first and foremost rule of purchasing – be…
Continue reading →This post details a backtesting analysis based on the investment strategy to be adopted by the NFO IDFC Dynamic Equity Fund. It is inspired by a thread in facebook group Asan Ideas for Wealth started by Anup Maheswari. IDFC Dynamic Equity Fund (IDEF) is a quantitative tactical asset allocation fund along the lines of Franklin’s…
Continue reading →This is a guest post by Krishna Kishore who writes a refreshing blog on stock investing at tyroinvestor.com. He readily agreed to write this post, explaining the features of a stock screener, upon my request. ~~~~~~~~~~~~ There are many stock screeners available online like the ones from Google Finance, Reuters, Equity master and paid services…
Continue reading →Nifty at 10000 in a year? Before the next budget? Pretty sure most of you must have seen such headlines somewhere. Here is a layman’s attempt at trying to figure out if these projections make any sense. Nifty vs. EPS YoY Growth Rate First let us look at the way in which Nifty earnings per…
Continue reading →This is a one-off post intended for WordPress users and is not related to personal finance. The post details a simple method of integrating Automattic’s Jetpack Blog Subscriptions widget with a pop-up plugin. I use Jetpack for handling email subscriptions. I am used to it since my wordpress.com days and therefore felt no need to…
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