This is a debt mutual fund screener for fund selection, fund portfolio tracking and learning. It also includes hybrid funds that invest in bonds. It will satisfy investors who wish to invest in money market funds, banking and PSU funds etc. The credit quality of the bonds in the portfolio and the bond maturity profile…
Continue reading →A reader says that he has realized the importance of retirement planning only at age 35 and his current net worth is essentially zero. He would like to retire by age 55 and wants to know how to go about it. With twenty years to go, there is a good chance of accumulating enough corpus…
Continue reading →A reader writes, “Which is more suitable for a long-term goal? Aggressive hybrid funds or multi-asset funds?” So in this article, we compare a hybrid portfolio with a multi-asset portfolio to arrive at an answer. We cannot compare these funds because multi-asset funds are quite new. Earlier, we compared CRISIL Aggressive hybrid index (with 65%…
Continue reading →In this edition of the reader story, Mr Alam provides the most detailed account of his financial journey: From a net worth of Rs. 6000 to auto-pilot goal-based investing. About this series: I am grateful to readers for sharing intimate details about their financial lives for the benefit of readers. Some of the previous editions are…
Continue reading →Jan 1st is just another day, but we consider it a time for new beginnings. If you want to manage money better, here are 15 personal financial resolutions and resources to consider for the new year. In his 2013 Ted Talk, former Google search quality chief Matt Cutts talked about the power of trying something…
Continue reading →We review the performance consistency of ICICI Pension Fund Scheme E – NPS TIER I measured against Nifty 50 TRI and UTI Nifty 50 TRI. The scheme was launched in July 2009 and currently has an AUM of about Rs. 5,594 crores. In a previous article, we listed the investment policy of NPS equity schemes,…
Continue reading →In this edition of the reader story, 30-year-old Mr Yo (name withheld on request) explains in detail how he has systematically structured his money management and how he tracks his financial goals. This is a follow-up to his previous audit: How I track financial goals without worrying about returns. About this series: I am grateful to…
Continue reading →Over the years, readers have often asked us how the risk of uncertain returns from a mutual fund investment can be lowered. We have often said the solution is goal-based systematic risk management. Here is an illustration. We described the steps in a previous article: How to systematically reduce risk in your investment portfolio. A…
Continue reading →This is an index fund screener based on tracking error and returns difference wrt benchmarks (aka tracking difference). The screener will help users evaluate how efficiently an index fund has tracked its underlying benchmark. It will also help a understand how tracking a midcap index or the Nifty 100, 500 is quite different from tracking…
Continue reading →The Indian stock markets have lost momentum for the past year. One can easily speculate reasons for the fall and wonder if we should stop investments or pull out money (we have started receiving such emails!). However, developing a simple market-independent strategy via systematic risk reduction would be far more productive. Why? We have no…
Continue reading →With only three weeks left to go in 2022, we look at the biggest winners and losers in the NSE index universe. We look at the trailing one-year return as on 9th Dec 2022, as much of the performance falls in 2022. Disclaimer: No part of this article should be considered investment advice. One year…
Continue reading →In this edition of the reader story, we meet Suresh Murugan. In Dec 2019, Suresh shared his first financial audit with us: I met with an accident the day I got married and learned key money lessons. Since then, Suresh’s life has changed for the better significantly. He published an update in Oct 2021: I felt…
Continue reading →This is an ETF screener based on tracking errors and tracking differences (ETF return minus index return). The screener will help users evaluate how efficiently an ETF has tracked its underlying benchmark. The tracking error is the ETF’s standard deviation minus index monthly return differences. The lower the tracking error, the more efficient the ETF…
Continue reading →This edition of the fund performance report looks at the Mirae Asset Tax Saver Fund. Launched in Dec 2015, the fund has an AUM of more than 13,000 Crores. Disclaimer: Fund performance reports present return and risk analysis of a fund with representative benchmarks and not investment recommendations. It must be expressly understood that the data below…
Continue reading →In this edition of the reader story, 37-year-old Siva shares his financial journey from scratch in 2014 to a net worth of 18 times annual expenses. About this series: I am grateful to readers for sharing intimate details about their financial lives for the benefit of readers. Some of the previous editions are linked at the bottom…
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