The latest freefincal mutual fund portfolio overlap tool allows you to compare five mutual funds at once to check for common stocks! Since Moneycontrol had changed its layout, this tool has been written from the ground up. Users will now have to select equity or debt as fund type before running the comparison. Creating such free tools…
Continue reading →Download a momentum, low volatility stock screener for 100 stocks from the Nifty 100 (May 2019). Changes in the top 15 stocks from March end 2019 to May 2019 are also included. The top 15 is determined after filtering stocks with (1) positive 1-year return (2) price > 200-day moving average (3) 50% of daily…
Continue reading →This is a review of ICICI Prudential Multi-Asset Fund. We explain why the low volatility of this fund makes it a good choice for new investors. Prior to the SEBI categorization rules kicked in, this was known as ICICI Dynamic Plan fund. This was classified by the AMC as an “open-ended diversified flexi-cap opportunities fund”….
Continue reading →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…
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